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Financial & Legal
Energy transition faces global headwinds despite solar and storage boom
October 10, 2024
DNV's report shows that 2024 is a landmark year, but the energy transition still faces financial and political headwinds.
EQT acquires Swedish developer OX2 with view to IPP transition
October 9, 2024
EQT said the acquisition will help OX2 to grow its market position and strengthen its market presence in the long term.
Solar component prices continue to fall in Europe as demand increases, says sun.store
October 8, 2024
PV Tech spoke to sun.store about its latest report, showing a downward trend for prices for monofacial and bifacial modules in Europe.
NextPower UK ESG signs PPA agreement for the ‘UK’s largest’ operating solar PV power plant
October 8, 2024
NextPower UK ESG has signed one of the UK’s largest solar sleeved PV PPAs with Anglian Water Services covering the 75MW Llanwern project.
Engie bags €500 million loan from International Finance Corporation
October 7, 2024
Engie said the loan would support its plan to phase out coal from its portfolio by 2025 in continental Europe and 2027 worldwide.
EBRD invests €100 million into Green Genius, becomes minority shareholder
October 3, 2024
The EBRD has committed €100 million to Lithuanian renewable power developer Green Genius, to expand its work in Europe until 2029.
United Solar secures US$156 million financing for polysilicon plant in Oman
October 3, 2024
United Solar is currently building a 100,000 ton polysilicon factory in Oman which it expects to be operational in 2025.
OMV Petrom completes 710MW Romanian solar PV portfolio acquisition
October 1, 2024
In related Romanian news, Simtel has partnered with Monsson to develop, construct and sell 150MW of solar PV and/or hybrid projects.
Premium
South Africa’s 10% import tax on solar modules may hit smaller projects hardest
October 1, 2024
South Africa's announced 10% import duty on solar modules poses challenges for developers with tighter profit margins.
Tata Power to build 2GW module assembly plant, Vikram Solar files draft for 3GW manufacturing funds
October 1, 2024
Tata Power to build a 2GW module plant in India, while Vikram Solar filed draft papers for its IPO and build a 3GW cell and module plant.
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