The European Union’s REPowerEU strategy could be thwarted by higher material and module costs as a “perfect storm” looms over the sector following the pandemic, according to analysts Wood Mackenzie.
India’s solar sector is in a tricky place at the moment, with module price inflation, manufacturing incentives and geopolitical events causing disruption to the industry, pushing up average tariffs and lowering returns on solar investments. PV Tech Premium picks apart what is going on behind the scenes.
Solar O&M solutions provider Ecoppia is navigating ongoing component shortages while expending its operations into new geographies and ramping up production of its latest PV panel cleaning robot.
Inverter manufacturer Gamesa Electric has signed a strategic cooperation agreement with Siemens AG to supply its central inverters for solar PV and battery energy storage system (BESS) projects.
Spanish utility Iberdrola will invest €3 billion (US$3.2 billion) in green hydrogen, the company’s chairman, Ignacio Galán, has announced as he called for a stable European framework to boost investment in the technology.
Solar EPC Sterling and Wilson believes an easing of PV module supply concerns, the rise of alternate supply chains and a gigawatt-scale green hydrogen market will drive both short- and medium-term growth for PV developers and EPCs.
