Finance

HoloSolis plans to build Europe’s largest PV factory – a 5 GW solar plant in France – by 2025. Heraeus will provide its latest metallization technologies for the factory and play an active role on the HoloSolis board of directors.

Ensol, a French startup serving the residential PV and home energy solution market, has raised €3 million in venture capital from Paris-based investors, Otium Capital, a fund that backs early-stage companies, and BetterAngle, a business angel group.

Israeli developer Teralight says it is buying 16.5 MW of solar projects for ILS 25 million ($6.4 million) from gas supplier Electra Power. It expects to generate ILS 320 million of income over the lifetime of the projects.

Hering Group, a centuries-old German construction and engineering company, says it has acquired the PV manufacturing facilities of organic solar film developer Asca, based in Kitzingen, Germany. The previous owners of the facilities describe Asca as a “largely loss-making” venture lacking in sales.

An international team of scientists has assessed different strategies for volume-based and fixed-amount subsidy auctions for large-scale wind and solar projects. They have found that higher subsidy levels in auctions lead to lower final prices.

Will a redeployable solar and energy storage solution be the answer to unreliable grid electricity across much of Africa, as its developer proposes? Or will it merely be a temporary solution that will see cash-strapped utilities kick the can of universal energy access further down the road?

US-based thin-film PV manufacturer First Solar says it has raised its expectations for 2023 as its order backlog continues to grow.

The PV industry in Southeast Asia has come a long way since guest author Ragna Schmidt-Haupt, partner at Everoze, reported on solar financing innovation in the region more than a decade ago. In this article, she outlines five factors for success, the newest of which has the potential to become a game changer, and not only in Southeast Asia.

The Australian government has doubled the amount of federal financing available for critical minerals projects to AUD 4 billion ($2.56 billion) as it looks to shore up supply chains with the United States, deliver on emissions reduction targets, and build clean energy industries.

Charles Lesser, who leads UK operations at Apricum, and Apricum Project Manager Alexandra Popova explain why the renewables consultancy is predicting a big rise in solar-plus-storage projects in Great Britain.