Europe

Swedish state-owned utility Vattenfall has acquired German solar developer Solizer and its PV portfolio of 4GW of projects in Germany.

There are currently over 40GW of Chinese-made solar modules in storage across Europe with a cumulative value of around €7 billion (US$7.8 billion), according to data from research firm Rystad Energy.

Nordic independent power producer (IPP) Scatec has secured US$102 million in funding to support its Release by Scatec platform.

Complexul Energetic Oltenia has signed contracts with two Romanian power companies to build solar projects with a combined capacity of 735MW.

Carrie Xiao on a recent workshop held by TÜV Rheinland where PV developers, buyers and investors exchanged views on module quality and buying strategies.

PV Tech met with Li Luwei, vice president of Chinese mounting system provider Antaisolar, at Intersolar Europe to discuss the current landscape and learn about the company’s plans to redress the balance.

PVCase has closed its latest funding round, raising US$100 million from investors Highland Europe, Energize and Elephant.

Solar corporate funding for the first half of 2023 increased by 54% year-on-year to US$18.5 billion, with public market financing dominating the increase.

Senior VP Vincent Cao sat down with PV Tech at Intersolar Europe 2023 last month to chat about the company’s products, current and future technologies, overseas ambitions and financial strength.

The European Investment Bank will loan €300 million to Banco Santander (Brasil) to build 600MWp of small-scale solar in Brazil.