NovaSource co-founder discusses creating a data-led solution to draw asset owners away from in-house O&M, as well as how the firm will use its new capital from OMERS.
German rooftop solar installer Enpal has closed its Series D funding round with €215 million (US$230 million) in funding from a group of investors led by TPG Rise Climate, the dedicated climate-investing subsidiary of TPG Rise.
Developer Mytilineos has signed a 10-year power purchase agreement with energy giant Statkraft for four solar farms in Italy with a total capacity of 63MW.
France has awarded 172.9MW of solar PV capacity in the most recent auction, according to the country's Ministry of Solidarity and Ecological Transition. The tender was oversubscribed and ended up awarding 32MW more than the planned 140MW capacity, spread between 66 projects.
Offshore solar developer Oceans of Energy has received an approval in principle from certification services company Bureau Veritas for its high-wave offshore solar system design.
Renewables developer Econergy Renewable Energy has finalised a €150 million (US$157.7 million) loan agreement with Phoenix Insurance to support its pipeline of solar PV projects in Romania and Poland.
In early December, the Dutch government announced a €130/MWh revenue cap on solar and wind generation. The decision to lower the cap draws eyes, and potentially spells trouble for the country that installed Europe’s fourth largest solar capacity in 2022.
