Spanish solar developer Grenergy has issued €52.5 million (US$57.55 million) of green bonds to help the company finance a pipeline of projects, including a 1GW portfolio in Colombia.
Solar, wind and energy storage will do much of the heavy lifting in decarbonising the energy sector, with fossil fuel assets left stranded, however time is running out to realise that shift and limit global warming.
Microinverter supplier Enphase Energy will expand its global manufacturing capacity by partnering with manufacturer Flex in Timisoara, Romania for its European base.
Portugal will aim to increase the share of renewables in electricity production to 80% by 2026, four years earlier than previously planned, its new government announced ahead of the country’s latest solar auction.
EDP is to acquire Polish distributed solar company Soon Energy, enabling its presence in Poland to grow fivefold, the company has claimed, as it targets distributed generation as a key growth area in the country.
Voltalia subsidiary Helexia has acquired French agrisolar installer and operations company Cap Sud for €5 million (US$5.5 million) after the company was placed in safeguard proceedings at the end of 2021.
Enel Green Power (EGP) has signed a grant agreement with the European Commission for a 3GW PV module plant in Catania, Italy, with an R&D commitment to pursue tandem cell production in the coming years.
Solar wafer producer NexWafe is planning to follow up on its new collaboration with Indian conglomerate Reliance Industries by licensing its technology to strategic partners globally.
Spain has sought to regulate the installation of floating solar PV on reservoirs in the country, issuing a list of requirements based largely on water quality.
SMA Solar Technology’s sales for 2021 came in below prior expectations for the year as the inverter supplier was impacted by a shortage of electronic chips – a headwind it expects to persist in the coming months.
