Italy

The 2018 figures for the Guarantee of Origin (GO) certificate market show a marked growth in clean energy demand in Europe. Demand surpassed 500 TWh, while GO prices reached record levels. Solar GO, however, saw a slight fall.

Wood Mackenzie’s number-crunchers are the latest analysts queueing up to predict a bumper year ahead for PV, with falling prices, rising efficiency rates and booming markets outside China all on the cards. And it could be a make-or-break year for mega-projects, says Wood Mac.

The energy giant’s finance subsidiary placed a bond in Europe to finance its renewable energy and infrastructure projects and secured 70% of Poland’s demand response capacity market for the 2021-2023 period, in the first auctions of their kind in the nation.

Danish developer European Energy has secured a 12-year agreement from Axpo Italia, the local unit of Swiss energy provider Axpo. Around half the 300 MW of solar projects the company is developing in Italy are now ready to build.

Italian COP negotiator and environmental public servant Francesco La Camera has been selected as the International Renewable Energy Agency’s (IRENA) new director-general. He takes over from Adnan Z Amin, who stepped down from the role after eight years with an heartfelt parting address.

The Italian government has published a plan for climate and energy envisaging a central role for solar in the nation’s energy mix, with PV expected to represent more than the half the power generation capacity from renewables by the end of the next decade.

Israeli company will offer $77m – made of up cash and shares – for a controlling stake in electric vehicle power train manufacturer SMRE with the aim of then making the Italian company a wholly-owned subsidiary as the Italian government plans a big EV push.

Whether caused by improper production processes, poor treatment in transport and installation, climate conditions or any other issue, performance reducing microcracks are a major source of stress for PV developers and project owners. Now, an EU funded research project has found that a different type of stress could provide a solution, and even “heal” some existing cracks.

More than a dozen European ministers of economic affairs have released a statement setting out the next steps to turn Europe into an industrial hub for large-scale cell production. The role of SMEs and competition was highlighted as ministers said European cells should provide innovation in terms of raw material use and sustainability, hinting at a pivot away from lithium-ion.

U.K. renewable investment firm Octopus has signed another private PPA in Italy, this time with EGO Group for 63 MW of unsubsidized solar PV projects. Meanwhile, Canadian Solar Inc. has signed a 10-year PPA with TrailStone GmbH for the energy generated from a 17 MW project in Sicily.