Italian oil group Eni enters Australian renewables market with 33.7 MW plant
Diversifying its gas-focused portfolio Down Under, the Italian business has acquired the Northern Territory’s largest solar project – the Katherine Solar Farm.
Unsubsidized 175 MW solar project under development in Germany
EnBW is planning a big solar park in Weesow-Willmersdorf, in the northeastern region of Brandenburg. If built, the project would become Germany’s largest solar plant. The company says it has a pipeline of unsubsidized projects with a combined capacity of 800 MW.
Repsol or Iberdrola could be the new owner of Spanish developer X-Elio
U.S. fund KKR and Spanish group Gestamp have reportedly begun X-Elio’s sale process. Oil business Repsol and power company Iberdrola are said to be among the interested buyers circling the PV project developer.
Rise of corporate solar behind 950 MW of new capacity in US state
Almost all of utility Georgia Power’s proposed renewable energy procurement in its latest integrated resource plan is to serve demand for large users with corporate sustainability goals, following Facebook’s commitment to the state.
Tesla acquires storage specialist Maxwell Technologies
The target company, which specializes in supercapacitors, will become a wholly-owned subsidiary of Elon Musk’s business.
Solar refuses to lie down and die in the UK, says industry body
Although the prospects for large-scale British solar appear grim, the U.K. trade association for the industry says the compelling economic case offered by PV is ensuring activity continues despite a prolonged policy vacuum.
Germany to install more than 10 GW of PV before 2022 contraction
Extraordinary PV tenders by the federal government will provide for more growth. Market research company EuPD Research expects newly installed capacity of 4 GW in 2021. After that, however, the market could see a sharp reduction, after the 52 GW cap for solar subsidies is reached.
Two more large-scale PV deals announced in Portugal
Switzerland-based Edisun Power has acquired a 49 MW solar project in northeastern Portugal which is expected to be completed in the second half of next year. Cubico has secured financing for three operational PV facilities with a 29.6 MW capacity in the south of the country.
ReneSola looks to Hungary and Poland
French-backed institutional investor Eiffel Energy Transition Group will finance almost 100 MW of new solar capacity in the central European nations after signing a deal with the Chinese developer.
Malaysian company plans 100 MW solar plant in Bangladesh
The joint venture with agro business Anand Group would see the project installed at the northern fringe of the nation’s grid network and would represent a sizable leap forward in a country where the largest PV scheme has a 20 MW capacity.
