Italy’s solar sector is a market in flux, with moves by the government to ease development clashing with a clawback of solar profits hampering international investor confidence. Molly Lempriere takes a look at what the new market potential for Italy is and where does it go from here?
The G7 have agreed not to fund any overseas fossil fuel projects by the end of this year at a meeting in Berlin, Germany in which they also doubled down on their commitments to a faster energy transition in light of Russia’s invasion of Ukraine.
The European Union’s REPowerEU strategy could be thwarted by higher material and module costs as a “perfect storm” looms over the sector following the pandemic, according to analysts Wood Mackenzie.
Maxeon Solar Technologies saw its gross loss widen in Q1 2022 despite outlook-beating revenue after the sale of excess polysilicon at a loss dragged on its performance.
Inverter manufacturer Gamesa Electric has signed a strategic cooperation agreement with Siemens AG to supply its central inverters for solar PV and battery energy storage system (BESS) projects.
Spanish utility Iberdrola will invest €3 billion (US$3.2 billion) in green hydrogen, the company’s chairman, Ignacio Galán, has announced as he called for a stable European framework to boost investment in the technology.
