More power purchase agreements (PPA) were signed last year, although contracted PPA volumes dropped by more than 20%, according to the European PPA Market Outlook 2023 conducted by Pexapark.
Italian renewables company Altea Green Power has signed a co-development agreement with Irish renewable energy developer Aer Soléir to build a capacity of 300MW in the next 36 months.
Israeli renewable energy platform Enlight Renewable Energy has announced its intent to raise about US$293 million in an IPO of 14 million ordinary shares on the Nasdaq Stock Market.
High development costs and an unstable regulatory environment have increased average solar power purchase agreement (PPA) prices in Europe to a new high of €76.84 (US$82.4)/MWh in Q4 2022.
Chinese solar cell manufacturer Aiko Solar plans to issue a global depository receipt and apply for a listing on the Swiss Stock Exchange to improve its competitiveness.
German IPP SUNfarming Group has extended its relationship with investor HANSAINVEST Real Assets through a €50 million (US$53.8 million) mezzanine financing agreement to develop PV projects in Poland.
2022 saw the arrival of DAS Solar as one of the PV industry’s rising stars, the five-year-old company attracting strategic investment from, among others, China Merchants Venture Capital, Three Gorges Capital and Yongfu Shares.
