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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."
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.
European Energy, in partnership with the municipalities of Barwice and Grzmiąca, has initiated a project to explore the development of Power-to-X in Poland.
2024 is a key year for the storage industry. Florian Antwerpen, founder and Managing Director of Kyon Energy, provides insights into the most important developments.
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. "This means a very serious setback for any European production plans."
A large Power Purchase Agreement (PPA) has been signed between European Energy and Rio Tinto. The long-term agreement ensures that all the energy from an upcoming 1.3 GW solar farm will be supplied to the mining company.
A large Korean and globally networked trading company has acquired a minority stake in the German PV recycler Flaxres, thereby establishing a strategic partnership for significant non-European markets.
Solnet Group has released a new report addressing the critical issue of safety in rooftop solar installations. Titled "Safety and Security in C&I Rooftop PV,” the white paper outlines the most important considerations rooftop solar owners and installers can take to minimize risk and protect their investments.
A series of shocks, crises and tensions underscore the need for an equitable energy transition that is inclusive of different situations in different parts of the world, Atul Arya, Chief Energy Strategist, S&P Global Commodity Insights, emphasizes.
Trina Solar Vertex modules obtained Environmental Product Declaration (EPD) certifications from UL Solutions and EPD Italy certification.
Sungrow has clinched the No. 12 spot on the 2023 Fortune Future 50 list. Sungrow ranked alongside other reputed companies like Spotify, Lululemon, DocuSign, and Pinterest.
Andel and Better Energy have entered a joint partnership with the aim to construct 15 renewable energy parks with a capacity of around 2 GW in Denmark between 2024 and 2028.
SolaX Power announced the successful culmination of its Initial Public Offering (IPO) and subsequent listing on the Shanghai Stock Exchange STAR Market.
The fact that the sudden huge price drops have led to major problems is no longer news. But prices keep falling and the question is when the tipping point will come and will the price increase be as turbulent as the current decline, Gerard Scheper, CEO of European Solar says.
P Capital Partners (PCP), a Swedish private credit investor, and Better Energy continue their collaboration by entering a second round of financing. The funds, amounting to EUR 175 million, will be provided through a 6-year credit facility agreement.
SolarPower Europe’s new EU Market Outlook for Solar Power 2023-2027 reveals a record 56 GW of solar installations in Europe in 2023. However, the forecast for next year is lower.
While heads of state and government at COP28 are expected to commit to tripling global renewable energy capacity by 2030, similar policy barriers are holding back the market uptake of renewables in some of the world's largest economies.
New, more attractive financial instruments could significantly reduce the global investment needed for decarbonization and promote a just transition to clean energy. This is the conclusion of the study "Financing the Green Energy Transition" published by Deloitte on the occasion of the UN Climate Change Conference COP28.
On the occasion of a high-level European Solar PV Industrial Alliance meeting with Commissioner Thierry Breton, 429 European solar companies have joined a call to EU authorities to take trade defence measures off the table.
RE-Source Platform welcomes the European Commission’s Action Plan for Grids, but urges greater attention to be paid to the needs of corporate renewable energy offtakers.
Analysis from McKinsey & Company’s 2023 Global Energy Perspective report shows that tackling energy transition technology bottlenecks with substitute materials, innovation, infrastructure build out and regulation will be crucial to achieving net zero targets
Who are the climate deniers and what communication channels and narratives do they use? How to deal with them? These questions were explored in a webinar organized by the international media network CCNow in the run-up to the upcoming UN Climate Change Conference in Dubai.
PV panel prices have been dropping sharply for a few months now it appears that prices can still drop further. In addition, consumer demand is also falling sharply, but they can hardly be tempted with discounts because wholesalers are stuck with expensively purchased stock. Wholesalers who (partially) serve the business market have more options, Gerard Scheper, CEO of European Solar, says.
