Global investment manager CarVal has invested €100 million (US$107 million) in Swedish solar company Svea Solar to support its expansion of utility-scale solar plants in Europe.
High power prices in Europe may be obscuring the impacts of price cannibalisation that threatens the future profitability of renewable energy on the continent, with a ‘belt of doom’ observed in Germany and Spain at risk of 30% cannibalisation rates by 2030.
Having witnessed its utility-scale solar boom peak in 2015, the UK is primed for a return to large-scale solar buildout. Liam Stoker explores the pipeline, the drivers and the role of the country’s new energy security strategy in driving new solar deployment.
The European Union’s REPowerEU strategy could be thwarted by higher material and module costs as a “perfect storm” looms over the sector following the pandemic, according to analysts Wood Mackenzie.
The European Solar Manufacturing Council (ESMC) has launched an Important Project of Common European Interest (IPCEI) for PV aimed at mobilising EU member states’ support for breakthrough solar manufacturing technologies and to aid their commercialisation.
Germany‘s new rainbow coalition has hit the accelerator on solar deployment in the country, setting the ambitious aim of reaching 215GW of installed capacity by 2030. Jules Scully speaks to policy makers and developers alike to discover just how the market can reach that goal
PV Tech speaks to Qcells CEO Justin Lee about the manufacturer's recent solar manufacturing capacity expansion, its use of TOPCon as a 'stepping stone' to future cell technologies and its new clean energy strategy.
The EU Solar Energy Strategy, published alongside the REPowerEU strategy yesterday, has targeted 400GWdc of solar PV by 2025 and almost 740GWdc by 2030, a significant jump on the bloc’s previous targets as it looks to cut its reliance on Russian fossil fuels.
The European Union (EU) has significantly ramped up and brought forward its solar deployment targets as part of its updated REPowerEU strategy, redesigned to combat the bloc’s reliance on fossil fuels, and in particular Russian gas.
