Europe

The EU has reached a provisional agreement on a regulation to ban products made with forced labour from entering the market.

The construction bridge financing loan will finance the construction of 16 solar PV plants with a combined capacity of 114.7MW across Poland.

The ESIA has published a due diligence guide for solar PV supply chains and a letter to state its stance against forced labour.

Solar PV deployments increased by 85% year-on-year in 2023, more than any other renewable technology in a year which saw clean energy deployments curb the rise in carbon emissions.

The proposal would have likely been consequential for the solar PV industry, which is plagued by allegations of forced labour in the production of polysilicon and other upstream components.

SMA Solar sold 20.5GW of inverters in 2023, up from 12.2GW in 2022. EBITDA increased to €311 million in 2023 from €70 million in 2022.

US independent power producer (IPP) Enfinity Global has secured €25 million (US$27 million) in assetco financing towards the construction of a 134MW solar PV project portfolio in Italy.

Better Energy has signed a PPA with Fujifilm Diosynth Biotechnologies to sell electricity generated at its 107MW solar project in Vedde.

Spanish independent power producer Grenergy has secured €175 million (US$190 million) in green financing for the construction of 300MW Spanish solar portfolio.

Alantra Solar said a "significant percentage" of 40 solar PV plants will feature battery energy storage systems.