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.
The recent swathe of announcements from US policymakers – coupled with growing geopolitical unrest regarding Chinese manufacturing dominance and the role of solar PV from an energy security standpoint – has the potential to redefine PV technology, manufacturing and component supply chains in a way that the industry has never seen before, writes Finlay Colville, head of research at PV Tech.
French renewables Voltalia has signed a €250 million syndicated credit facility that will be used to pre-finance construction work on new power plants.
Microinverter supplier Enphase Energy plans to add a quarterly capacity of 4.5 million microinverters in 2023 and reach ten million by the end of the year.
Property insurance for a solar project, having been an easy “check the box” issue 10 years ago, is fast becoming a top credit item for securing financing from banks, according to the head of a data analytics and insurtech firm.
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.
