Europe

Cero Generation's Pontinia project has ten-year power purchase agreements (PPAs) with Heineken and Philips.

Thin-film manufacturer First Solar is well placed to weather any downturn in PV manufacturing going into 2024.

Norwegian energy company Statkraft has acquired Spanish renewables developer Enerfin for an estimated €1.8 billion (US$1.9 billion).

PV Tech Power contributor John Lubbock examines the challenges of reforming the UK’s electricity market in the face of the increased rollout of renewables in the country.

Solar manufacturer Maxeon Solar Technologies will lay off about 22% of its global workforce as it decided to entirely phase out its Maxeon 6 interdigitated back contact (IBC) modules as well as other operational realignment.

Developing, sourcing, building and maintaining solar PV projects routinely runs into the millions of dollars of long-term investment, and the impacts of serious theft on a solar asset owner can result in lost revenues, lost energy generation and sometimes lost insurance and ability to operate.

Armor Group says its experience in the French, German and wider European markets can support Holosolis' commercial development.

Everything seems to be pointing to the solar PV manufacturing sector going into a downturn in 2024, with loss-making potentially rife across much of the upstream sector.

The YEKA-4 solar project is part of the YEKA initiative that the Turkish Ministry of Energy and Natural Resources launched last year.

Solar project developer and asset owner Photon Energy Group has posted reduced revenues and EBITDA in its  financial results for the first nine months of 2023, which the company attributed to “lower realised electricity prices and a slow-down in PV components trading”.