Even though the solar PV market in Ecuador is currently non-existent, with only a few projects operational and mostly in the distributed generation market, it is about to take off, says José Luis García Pérez, Latin America’s CEO at Spanish developer Zelestra, formerly known as Solarpack.
Jonathan Touriño Jacobo explores how Eastern and Southern European countries have emerged in the race as key players for the European Union to reach 740GW of solar capacity installed by 2030.
With grid availability, plenty of land and a new contracts for difference scheme that is set to go live this year, Romania is proving an increasingly attractive market for solar developers. Lena Dias Martins finds out more.
The solar industry of the future could see frontier markets become core countries for investment while developers may explore more decentralised projects to overcome land challenges.
At the United Nations COP27 conference, the European Investment Bank (EIB) and AllianzGI have announced the mobilisation of US$100 million to Alcazar Energy Partners II, a fund which facilitates the development, construction and operation of renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia.
The Energy Transition Accelerator Financing Platform (ETAF) has gained three new partners this week at the United Nations COP27 conference in Egypt. The Asian Infrastructure Investment Bank (AIIB), Masdar and Swiss Re all signed partnerships on site in Sharm-El-Sheikh.
