Europe

Dan Shreve of Clean Energy Associates discusses five major market trends for the solar and energy storage industries in 2023.

Solar tracker manufacturer PV Hardware has planned to build a new solar structure and tracker facility occupying 65,000m2 in an industrial park in Valencia, Spain.

Spain installed 3.7GW of new ground-mounted solar PV capacity in 2022, according to a report from trade association the Spanish Photovoltaic Union (UNEF).

The European Commission has announced two acts to help define renewable hydrogen in the EU.

Grenergy has purchased the remaining stake of 60% in UK solar energy facility developer Sofos Harbert to strengthen its business in the US.

Israel-headquartered smart energy technology company SolarEdge's yearly net income in 2022 dropped by 45%, despite the total revenue increasing by 58% year-on-year. 

The renewable energy arm of power generation group Enel has signed a financing agreement with banking group UniCredit to finance the expansion of a solar panel factory in Catania, Sicily.

Independent power producer (IPP) R.Power has raised €150 million (US$160.4 million) from the Three Seas Initiative Investment Fund (3SIIF) to continue its long-term growth strategy.

Swedish state-owned utility Vattenfall has invested in a 76MW agrivoltaics project in the northeastern municipality of Tützpatz, Germany.

A round-up of the latest PV project news from the US and Europe, including two announcements in Spain, the inauguration of a pair of Hungarian PV plants and operations beginning at an installation in Colorado from Lightsource bp.