Europe

UK-based investment group Foresight Solar Fund has confirmed that it will sell its Australia portfolio, consisting of 170MW of operational solar PV and 122MW of battery energy storage systems (BESS).

Swiss-owned PV manufacturer Meyer Burger has appointed Franz Richter as its new CEO, less than a week after Gunter Erfurt stepped down .

Fraunhofer ISE has launched a new project to research manufacturing processes for use in building-integrated photovoltaics (BIPV).

Under the agreement, Photowatt would be integrated into Carbon’s solar PV manufacturing project in France.

Sonnedix has acquired an 80MW solar PV plant in Sicily, Italy, from Blunova, which is part of a wider agreement to acquire a 250MW portfolio.

Solar Steel has signed a deal to supply Spanish firm Global Energy Services (GES) with 50MW of its 1P trackers.

BNZ has secured a €166 million (US$185.4 million) loan from the European Investment Bank (EIB) for 700MW of new solar capacity in Europe.

According to Alight, the portfolio facility is thought to be the first of its kind in the Nordics, with the first three projects already financed.

One of the “market signals” the company cited is an increase in negative electricity prices across Europe, as supply exceeds demand.

The aid will take the form of direct grants and will be open for companies producing solar panels and batteries among others.