As 2022 comes to an end, PV Tech is reviewing the year in solar, reflecting on some of the biggest stories and trends of the last 12 months. Following on from our Q1 review, we take a look at how the industry navigated rising prices and detail some of the major acquisitions.
UK-based energy group Octopus Energy’s generation arm has invested in independent power producer (IPP) FF New Energy Ventures (FFNEV) to develop 1.6GW of solar and storage in Spain and Portugal.
Enfinity Global, a renewable energy developer and service provider, has reached financial close on 112MW worth of solar PV projects in Italy, representing €142 million (US$150 million) in VAT and long-term financing.
Solar tracker manufacturer Soltec has signed an agreement with Canadian Solar and SPIC to supply 738MW of its trackers to two Brazilian solar projects.
Greek industrial conglomerate Mytilineos has reached financial close on 237MWp worth of Australian solar PV projects, with financing from backers ANZ and Westpac.
EDF Renewables North America and German international insurer Munich Re have closed on a transaction for two renewable energy projects in California, the US, first announced 15 months ago.
EQT Infrastructure, a global investment group, has agreed to acquire US distributed solar developer Madison Energy Investments (MEI) from affiliates of Stonepeak Partners.
The European Commission (EC) has approved Germany’s modification to its renewables energy scheme, which is designed to help the country achieve its renewable targets.
TrinaTracker, the solar tracker-manufacturing subsidiary of Trina Solar, has penned an 875MW tracker supply contract with Samsung C&T for the Industrial Cities solar power project in Qatar.