World’s biggest solar, storage project up for sale
Sun Cable, the company behind the world’s largest solar and storage project, has officially gone up for sale after entering voluntary administration in Australia in January. Its administrator, FTI Consulting, is seeking binding offers of acquisition or recapitalization by the end of April, with a deal to be finalized by the end of May.
European PPA market prices fell 15% in December
Swiss consultancy Pexapark says falling energy prices, lower heating needs, and healthy gas reserves have had a calming effect on the European power purchase agreement (PPA) market. It foresees an increase in transactions over the short term.
Switzerland introduces rebate scheme for solar
Switzerland has announced a new one-off incentive model for solar, in order to reimburse up to 60% of investment costs for installations that meet certain criteria. The scheme exists in addition to nonrecurring remunerations for small and large PV installations.
Von der Leyen announces ‘Inflation Reduction Act’ plan for Europe
The European Union Commission President wants to introduce a new industrial plan to turn Europe into the global clean-tech market leader, with looser rules for state funding and less red tape.
Will Africa be left behind in the scramble for renewables?
Buoyant predictions about a rosy future for African photovoltaics, based on the continent’s abundant solar resources, continue to overlook the difficulties of securing investment, as Empower New Energy co-founder and CEO Terje Osmundsen explains, referring to a report published by the Africa Solar Industry Association at the World Future Energy Summit in Abu Dhabi today.
Weekend Read: Imminent comeback, imminent trouble
Once a European leader in PV deployment, the solar market in Czechia has slumbered for the last decade. Now, with growing public support and financing in place, momentum is building and a gigawatt-scale pipeline is taking shape. However, fresh challenges loom, as Marija Maisch reports.
French gas supplier acquires Sys EnR
Butagaz is continuing its investments in solar energy through the acquisition of Sys EnR, following its purchase of French installers Soltéa and Solewa.
A true beginning – how the IRA persuaded us to invest in the US
The Inflation Reduction Act (IRA) has opened a new door for US solar manufacturers, as one of the executives behind a US-Jordanian project to bring PV production to the US explains.
Weekend read: Is EU doing enough?
The European Union has set ambitious targets for solar PV expansion but is Brussels designing the right policies to support growth? Andreas Walstad investigates.
Canadian Solar resumes plans to list shares in Shanghai
Module manufacturer Canadian Solar first submitted an application for an initial public offering in June 2021.
