Solar industry players should collaborate with governments and regulators to overcome floating PV permitting and bankability issues and unlock the potential of the technology in Europe, a panel has concluded.
As energy markets continue to adapt and grow, energy arbitrage could overtake frequency markets as a key revenue stream for many co-located solar plus storage projects.
Europe’s power networks need to embrace flexibility and whole systems approaches on much larger scales if they are to be capable of accommodating the levels of renewable power necessary to hit 2030 targets.
European solar investors are coming to terms with smaller returns, however banks, governments and grid operators could do more to help alleviate risk and ease investor concerns.
Spanish energy company Acciona has secured shareholder approval for an initial public offering (IPO) of its renewables division, providing a boost for the firm’s plans to reach 6GW of installed PV by 2025.