Liam Stoker reflects on the opening day of Solar Finance & Investment Europe 2022, where investors and developers alike warned of looming inflation, power price volatility and project availability as Europe’s energy landscape enters a new paradigm.
Independent power producer (IPP) Sonnedix has entered Poland’s solar market with the acquisition of Warsaw-based PV project developer Sun Power Energy.
Europe’s community of solar developers, financiers and asset owners are braced for broader impacts and headwinds caused by the ongoing conflict in Ukraine, with inflation and spiraling commodity prices highlighted as of particular concern.
A consortium led by Macquarie Asset Management is acquiring French independent power producer (IPP) Reden Solar for an enterprise value of €2.5 billion (US$2.7 billion).
Inverter supplier SMA Solar Technology has lowered its 2021 earnings forecast even further and has warned of additional headwinds this year due to the ongoing global chip shortage.
The International Energy Agency (IEA) has released a 10-point plan to reduce the European Union’s reliance on Russian natural gas that includes the accelerated deployment of renewable power as the war in Ukraine destabilises the continent’s energy security.
Italy must accelerate the authorisation of new solar projects to reduce the country’s reliance on imports of Russian gas, the president of industry trade association Italia Solare has said.
Swiss fund manager SUSI Partners is exploring PV-plus-storage investment opportunities, building on a string of announcements in recent months that have seen it bolster its utility-scale solar position in markets such as Poland and Italy.
As the tragedy of war unfolds in Europe, PV Tech looks at some of the ways it might impact Europe’s power market, European transmission systems and the role of renewables in reducing dependence on dirty fuels.
The engine manufacturer MAN Energy Solutions, part of the Volkswagen group, will invest €500 million (US$554.36 million) in its subsidiary H-TEC SYSTEMS to ramp up its green hydrogen strategy.
