Official stats show Europe’s fourth largest solar market grew 890MW to cumulative 9.4GW in 2019, less than half of the 18-21GW goal it has set for 2023.
Construction is already underway for 120MW project near Wandoan, marking utility-scale global debut for oil and gas major already active in the country after M&A flurry last year.
Panellists at London event were all confident market will retain momentum and grow bolder despite the speculative plays and competition from utilities and oil majors.
Major PV inverter manufacturer, SMA Solar Technology surprised with better than guided 2019 financial results as a surge in shipments and sales took place in the second half of the year.
Russia-based high-efficiency heterojunction solar module producer, Hevel had met all of its 2019 production and shipment targets, supported by a number of utility-scale PV power plant projects across Russia and Kazakhstan.
Major PV inverter company, SolarEdge Technologies has secured a significant single deal of around 1GW to supply PV inverters and power optimizers for European commercial and industrial (C&I) rooftop projects that will be financed, built, and operated by Enfindus.
RGS Energy (Real Goods Solar Inc.), a potential rival to Tesla’s solar tile roof system has recently succumbed to Chapter 7 bankruptcy, having failed to raise further capital on long-standing operating losses.
Funding will back 18 PV plants in Spain of around 900MWp capacity awarded to Zero-E Solar in a 2017 auction, alongside various clean energy projects in the Netherlands, Austria and Italy.
Funding announced as congressional Democrats slam government for holding back more than a third of allocated energy efficiency funding last fiscal year.
