Developer Mytilineos has signed a 10-year power purchase agreement with energy giant Statkraft for four solar farms in Italy with a total capacity of 63MW.
PV solutions provider SPI Energy’s wholly owned subsidiary, Solar 4 America (S4A), has begun manufacturing M10 (182mm) modules in the new production line at its facility in Sacramento, California.
Offshore solar developer Oceans of Energy has received an approval in principle from certification services company Bureau Veritas for its high-wave offshore solar system design.
Latin America-focused solar developer Atlas Renewable Energy has secured a US$210 million loan from the Brazilian Development Bank (BNDES) to finance its 438MW Boa Sorte solar project in Brazil.
Renewables developer Econergy Renewable Energy has finalised a €150 million (US$157.7 million) loan agreement with Phoenix Insurance to support its pipeline of solar PV projects in Romania and Poland.
The share of renewables in net electricity generation in Germany nearly accounted for half of total power generation in 2022 with 49.6%, according to the Fraunhofer Institute for Solar Energy Systems (ISE).
As Europe struggles to build a domestic solar manufacturing industry, start-up Swedish Algae Factory is working on improving the efficiency of solar panels with a coating product that only needs to be applied once and is made in an eco-friendly environment.
