Markets & Finance

SPE said the inverter industry “faces difficulties due to global manufacturing overcapacity and a slowdown in the rooftop PV segment in several important European markets.”

The US Department of Energy (DOE) has launched a US$30 million funding, from the Bipartisan Infrastructure Law, to accelerate the interconnection process for new energy generation.

New Zealand solar PV and energy storage installer SolarZero, backed by private equity giant BlackRock, entered liquidation yesterday (26 November).

Structures such as CfDs could be a complement to the nascent PPA market in Eastern European solar, according to speakers at LSSCEE.

Maxeon has reached an agreement-in-principle for the sale of Maxeon's EMEA, APAC and LATAM sales and marketing organisation to TCL Technology Group, the parent company of Maxeon’s majority shareholder, TCL Group.

Leading a consortium of investors via a holding company, Elbe BidCo, KKR acquired 87.41% of outstanding shares in Encavis at €17.50 per share.

Attracting private investments into Polish solar will be essential for Poland's solar goals, Dr Konrad Wojnarowski said at LSSCEE 2024.

Indonesia’s president, Prabowo Subianto, has established a 75GW renewable energy capacity target for the country at the G20 Summit in Brazil.

Philippines president Ferdinand Marcos Jr attended as construction began on what is thought to be the world’s largest power plant to combine solar PV and battery storage.

The European Bank for Reconstruction and Development (EBRD) has lent up to €50 million to a 237.6MW solar PV plant in Bulgaria.