New Iberian head Luis Miguel Álvarez walks PV Tech through plans to use M&A and organic plays to build gigawatt-scale portfolio by 2025 despite late arrival to Europe’s hottest solar markets.
Escalating US-China trade tensions have seen polysilicon manufacturer record slump in profits, with one facility halted and another now facing potential exit.
The fresh funding wraps up a summer of global expansion for the Norwegian firm, with utility-scale projects switched on in Ukraine, Egypt, Mozambique and Malaysia.
Installers initially balked at applying innovation to 2.5MW Norwegian PV rooftop but came around after learning costs would drop by 10-15%, firm tells PV Tech.
US$1trn-plus financier has already shown appetite for solar manufacturers. Does the new aperture to unlisted infra herald a capital bonanza for downstream players?
Norwegian utility Statkraft has partnered with flow machine specialist redT on a fully-financed solar-plus-storage offering for the UK’s thriving C&I renewables market.
