Sale process begins for German microinverter maker Solarnative
Solarnative launched insolvency proceedings and started searching for new investors in June.
WoodMac says global solar tracker shipments grew by 28% in 2023
Global tracker shipments reached 92 GWdc last year, according to WoodMackenzies’ latest report. The US accounted for the majority of the global market, with three US-based manufacturers, Nextracker, Array Technologies and GameChange Solar, ranking as the three largest shippers in the world.
‘Minimal’ land required for renewables expansion in Europe
The European Environmental Bureau (EEB) says 2.2% of the European Union’s total land can host all the solar and wind projects needed to phase out fossil fuels and nuclear power, achieving climate neutrality by 2040.
Analysts predict 337 MW of new solar in Belgium for H1
Analysts from the Becquerel Institute say that they expect 337 MW of new solar capacity in Belgium for the first half of 2024. They anticipate around 900 MW for the full year, due to growth in specific segments.
Comal plans 500 MW solar module factory in Italy
Comal says it has acquired an industrial building near L’Aquila in central Italy for a 500 MW solar module factory. Production is scheduled to start in 2025.
SSE Renewables plans 37 GWh pumped storage project in Scotland
As the UK awaits the outcome of the proposed Cap & Floor mechanism for long duration storage project, the pipeline of proposed pumped hydro storage projects is progressively growing.
VoltStorage advances its iron-salt battery technology
German flow battery firm VoltStorage says its next stage of technology development will deliver 20-fold increase in performance.
France announces new FIT rates for PV systems up to 500 kW
France’s new feed-in tariffs (FITs) for August to October 2024 range from €0.1430 ($0.1551)/kWh to €0.1088/kWh, depending on system size.
European electricity prices continue upward trajectory
AleaSoft Energy Forecasting says average electricity prices rose in all major European markets for the second consecutive week during the third week of July. Portugal, meanwhile, broke its record for daily PV production.
Pexapark says European developers signed 23 PPAs for 944 MW in June
Swiss consulting firm Pexapark says the total capacity of signed power purchase agreements (PPAs) in Europe dropped 36% month on month in June. For the first time, no utility PPAs were recorded, as all deals were corporate.
