Markets & Finance

There is ‘no way around AI’ for solar companies or Europe’s solar industry as a whole, according to Walburga Hemetsberger, CEO of SolarPower Europe.

Quality assurance provider Intertek has acquired Aerial PV Inspection, a specialist in drone-enabled solar site inspections.

Chinese manufacturers dominate PV Tech Research’s new inverter bankability rating report, but recent EU and US policies targeting Chinese-made inverters may create opportunities for other companies.

ACEN Australia has announced the integration of its 400MW Stubbo Solar project in New South Wales into its AU$750 million (US$530 million) non-recourse portfolio debt facility.

New Zealand gentailer Contact Energy has announced a NZ$525 million (US$316 million) equity raise to accelerate its Contact31+ strategy, which aims to position the company as a leader in New Zealand’s renewable energy future.

EIB is investing US$40 million to construct and operate three PV plants in southwestern Romania, with a combined capacity of 190MW.

Enfinity has expanded a bond facility with the Eiffel Investment Group to US$183 million, to further its work in US solar and BESS.

The Philippines will launch a number of renewable energy auctions between 2027 and 2035 for at least 25GW of capacity each year.

The French government has published its latest energy roadmap for the coming years, setting a reduced target of 48GW for solar PV by 2030.

Inox Clean Energy has partnered with integrated renewable energy platform RJ Corp to expand into Africa’s renewable energy markets.