Europe

RWE and floating solar company SolarDuck have partnered to explore the commercialisation of SolarDuck’s offshore floating solar PV (FPV) technology by trailing its potential in harsh environments in the North Sea.

Following the implementation of the US’ Uyghur Forced Labor Prevention Act (UFLPA) on 21 June, the EU has come under increasing pressure to enact similar measures, with upcoming legislation potentially holding big implications for the region’s solar sector.

Silicon metal provider Elkem has posted a seventh consecutive quarter of climbing earnings, resulting in a record performance in Q2 2022.

Shell and Engie are among the companies leading a consortium established to develop a green hydrogen ecosystem in Europe.

Germany generated a record amount of power from solar PV on Sunday, with this expected to be repeated over the coming days amid a fierce heatwave across western Europe, according to Bloomberg.  

Portuguese utility EDP is to add energy storage to a hybrid floating solar and hydropower project after it was energised last week.

Macquarie-backed developer Cero Generation has claimed an industry first by launching Greece's maiden private PPA-backed utility-scale solar project.

Solar PV costs continued to decline globally in 2021 as supply chain challenges and rising commodity prices have yet to show their full impact on project costs.

European power purchase agreement (PPA) prices have surged by a “staggering” 47% year-on-year as the continent’s energy crisis persists with soaring inflation, LevelTen Energy has said.

Corporate funding in the global solar sector in the first half of 2022 was down 11% year-on-year as activity dropped especially during Q2, according to research from Mercom Capital Group.