Fossil fuel dependence and poor governance? Fasten your seatbelts
A study of the after-effects of the energy transition has considered 156 nations and ranked a surprising winner. Here, energy expert Indra Overland discusses the findings of the GeGaLo Index as part of our series examining renewables and geopolitics.
Mirova raises €857m in Eurofideme 4 funding round for renewables
The investment manager is now Europe’s largest renewable energy fund. The €1.3 billion group already has a 1.8 GW generation portfolio.
Flexible energy supply companies hampered by lack of policy
Britain’s renewable energy trade body has published a report examining the state of flexibility market readiness in nine European markets. The result makes for sobering reading for Germany, France and the U.K.
Statkraft buys 326 MW of solar projects in Ireland
The Norwegian power company acquired the projects for around $17.3 million. The transaction indicates interest in large scale solar is on the rise in Ireland and unsubsidized projects are viable.
Completion of 390 MW Benban projects crowns impressive quarter for Scatec Solar
With power production up 133% year-on-year, revenues and EBITDA also rose significantly.
Supermarket rooftop brings commercial solar – and silicon carbide inverters – to Norway
The sizeable rooftop array will feature latest-generation inverters. The project planners claim using 1500 V technology on a commercial rooftop allowed them to drive down costs 10-15%.
REC Silicon prepared to power down the rest of its operation
The Norwegian polysilicon and silane gas producer has announced it will listen to offers for its production facility in Butte Montana after mothballing its other manufacturing operation – at Moses Lake, Washington – in the summer.
Scatec reaches commercial operation for another 112 MW of capacity
The Norwegian developer has opened plants in Ukraine and Egypt. Scatec Solar recently announced it managed to triple energy production in the last year.
No respite for REC Silicon as shutdown dominates Q2 figures
The Norwegian polysilicon supplier – which has most of its manufacturing operations on U.S. soil – cannot give any estimate on when its solar material production lines will return, and has been left entirely dependent on the semiconductor products made by its Montana facility.
Scatec Solar triples production over last year
The IPP released its latest financial figures and leadership says that with growth across all business units, Q2 2019 is its best quarter ever.
