Europe

LevelTen Energy has reported an increase in the value of solar PPAs signed in North America, and a slight decrease for those signed in Europe.

Making new investments into grid infrastructure could be a method of reducing the impact of price cannibalisation on the European energy grid.

The combination of strict land legislation, elaborate permitting and a fiercely competitive solar developer market trying to meet ambitious PV deployment targets is causing issues for the French solar market.

Solar financiers need to be more dynamic and flexible, according to panellists at Solar Media’s Solar Finance & Investment Europe event.

Government support will be a key component of the Spanish solar sector, says panellists at the Solar Finance & Investment Europe event.

Germany’s latest solar PV auction for ground-mounted capacity has ended three and half times oversubscribed with nearly 5.5GW of bidding capacity submitted.

Lightsource bp, the solar power arm of oil and gas major bp, has sold a 294MW solar portfolio in Italy to asset manager EOS Investment Management Group.

Following the example of by the Inflation Reduction Act (IRA) in the US was among the opportunities discussed for the European solar sector.

In 2023, a collective US$1.8 trillion went towards energy transition technologies and their supply chains, including solar PV and other renewable generation, grids, electrified transport and clean tech factories.

The European Commission has targeted a 90% share of EU electricity consumption by 2040 to come from renewables – mostly solar and wind – and complemented by nuclear energy, according to a leaked draft first obtained by French media Contexte.