financing

Axpo and German industrial gas specialist Messer have concluded a long-term PPA. From 1 January 2024, Axpo will supply two Messer facilities in Germany with electricity produced by Südwerk solar plants based in Bavaria.

Our next newsletter for investors will be published on April 24, 2024. It will cover the risks of solar parks. How do you recognize good preparation? What are the essential factors for making a project successful? Sign up for the newsletter to receive the latest specialist information.

The European Bank for Reconstruction and Development (EBRD) and French asset manager Eiffel Investment Group (Eiffel) are supporting the development of solar energy generation in Poland by extending a joint loan of €45 million to PL-SUN Sp.z.o.o.

The European Commission has published its ‘Horizon Europe Strategic Plan 2025-2027,’ where it decided to form an official Co-Programmed European Partnership for solar with the European Technology and Innovation Platform (ETIP PV).

Policy responses to geopolitical developments and global commitments accelerated the deployment and use of renewable energy in 2023, especially in the power sector. Though finance and infrastructure remain a major challenge, according to the Renewables 2024 Global Status Report (GSR 2024)

Powerful economic and technological factors are driving the transition to clean energy, Fatih Birol, executive director of the International Energy Agency, says.

The Australian federal government is investing $1 billion in the Solar Sunshot program to booster domestic PV manufacturing and the solar supply chain.

In 2023, over 200 000 Swedish homeowners received a tax reduction for the installation of green technologies. They invested a total of SEK 22 billion, 80% more than in 2022 (SEK 12 billion). But in 2024, a decline is expected.

SolarPower Europe has praised the EU Zero-Industry Act and the proposed EU 2040 climate targets.

The criteria for BloombergNEF's Tier 1 list, which is seen by the solar industry as a seal of assurance, has recently been adjusted. The number of the manufacturers on the top list has been halved, notes Gerard Scheper, CEO of European Solar. "As many as 26 have dropped out, which means that Tier 1 really serves as an elite list again, but the way this has been done is quite outrageous."

Several major European manufacturers, such as Meyer Burger, Norsun, Norwegian Crystals and REC Solar, have announced that the European market is no longer favourable enough for them to operate in. Gerard Scheper, CEO of European Solar thinks that „this means a very serious setback for any European production plans".

Our next newsletter for investors will be published on March 27, 2024. It will cover the expanding markets for solar projects. They drive the solar transition in the EU and in markets like US or Australia. Solar fields mean big business. You haven't registered yet? Then don't hesitate so that you can start new projects with up-to-date information.

Solnet Group has appointed Simo Hakkarainen as the new Head of Utility-Scale PV to drive the growth of the company group’s solar utility business.

Fujifilm  Diosynth Biotechnologies, has entered into a ten-year Power Purchase Agreement (PPA) to offtake 40 GWh of renewable energy annually with Better Energy. It contributes to establishing a new 107 MW solar park near Vedde.

Spain has introduced a new incentive scheme aimed at strengthening its clean-tech supply chain, including PV manufacturing. The initiative is endorsed by the European Solar Manufacturing Council (ESMC).

Following the successful completion of a 282 MW portfolio now operational in Ireland, Highfield Solar has secured project financing to fund the construction and operation of an additional Solar PV project with 93MW of installed capacity.

Ib Vogt has achieved Financial Close of a project financing debt facility for a 418 MW solar PV portfolio comprising three projects clustered around Segovia, in the autonomous community of Castile and León, Spain.

Our next newsletter for investors and project developers will be published on February 21, 2024. The focus will be on the expansion of European factories for electrical storage. You haven't registered yet? Then don't hesitate so that you can start new projects with up-to-date information.

Our next newsletter for investors and project developers will be published on February 21, 2024. The focus will be on the expansion of European factories for electrical storage. You haven't registered yet? Then don't hesitate so that you can start new projects with up-to-date information.

There was unprecedented growth in 2023 in the European corporate power purchase agreement (PPA), with companies procuring a record number of new renewable energy capacity of 10.4 gigawatts.

RWE and PPC continue to forge ahead with Greece’s energy transition through their joint venture company Meton Energy S.A. The company has taken the final investment decision for the construction of an additional 450 MW PV park in the country.

SolarPower Europe praises the EU Zero-Industry Act and the proposed EU 2040 climate targets.

DNV acted as the technical advisor for Beijing Energy International (BJEI) Australia for their recent acquisition of five solar farms from Lightsource BP, which are strategically located across three states in Australia.

Yesterday evening EU Finance Commissioner, Mairead McGuinness gave a statement in the EU Parliament on the current price crisis facing the European solar industry. SolarPower Europe demands further steps.

Global investment in the low-carbon energy transition surged 17% in 2023, reaching $1.77 trillion, according to BloombergNEF. But there is still a huge investment gap for net zero.