EDF to acquire Energy2market
German power distributor Energy2market intends to develop its international activity under its new French owner. The founding shareholders and Trailstone UK will sell their stock to EDF subsidiary Pulse Croissance.
Seychelles firms up 4 MW floating PV project
The installation will be Africa’s first privately financed, utility scale floating solar installation. A group of pre qualified bidders inspected the site and are expected to submit full technical and financial documentation by September.
EU approves Italy’s auction scheme for renewables
The €5.4 billion program is expected to spur new growth in large scale PV while also providing incentives for rooftop systems. Originally scheduled for January, the country’s first technology neutral clean energy auctions – which will provide additional incentives EV charging-linked projects – may be held in the months ahead.
Morocco’s medium voltage PV market will open this year
The nation’s renewable energy legislation will be updated to expand net metering for projects connected to the medium voltage grid, paving the way for a wave of decentralized installations.
REC Silicon suspension will hinge on G20 meeting between Trump and Jinping
The Norwegian manufacturer has delayed full shutdown of its U.S. polysilicon operation until mid July as President Trump and his Chinese counterpart are scheduled to hold talks in Osaka in two weeks’ time.
IEEFA joins calls for policy clarity about UK’s net zero ambition
An energy finance consultant from the international thinktank has added his voice to demands Theresa May, or her successor, spell out exactly how the decarbonization target will be met, and cited failings on solar as a warning on how not to proceed.
Northvolt secures $1bn for battery gigafactory in Sweden
Initially, the company will construct a 16 GWh factory plus a joint venture fab with Volkswagen in Germany, which will also have a throughput of 16 GWh. Both factories could be extended to tap further into the large market for battery cells in Europe.
Norwegian wafer maker and US mounting system supplier join the solar gold rush
It is not just the big beasts of Chinese solar that are investing in aggressive expansion as high-efficiency wafer maker NorSun and tracker supplier GameChange Solar make big announcements. The New York company, however, may fall foul of President Trump’s America First trade mantra by opening production lines in the Far East.
REC Silicon scraps shares placement because stock is cheaper in open trading
Stock in the polysilicon manufacturer appeared to be recovering in early trading on the Oslo exchange this morning after it cancelled plans for a private placement of as many as 50 million shares.
Solar could bring 200,000 jobs to the UK by 2030 – but only with government backing
As the solar industry digests yesterday’s announcement by Theresa May of a net zero carbon ambition by 2050, developer Solarcentury says Downing Street is hugely underestimating the role PV can play in achieving that milestone.
