Europe

Major PV inverter manufacturer SolarEdge Technologies reported year-on-year revenue growth of just 2.4% in 2020, compared to growth rates of over 50% per annum in recent years.

Newly-launched unit to benefit from quicker lead times for new products, plots European expansion

Lightsource BP has brought its Italian development pipeline up to 1.2GW with the purchase of a 78MW project in Sicily.

UK-headquarted Octopus Renewables has sold 173MW of Italian solar to utility A2A.

Greek industrial group Mytilineos has acquired a portfolio of solar and battery storage projects in a €56 million transaction it says “heralds the transition to a new era” for the company.

Integrated PV module manufacturer REC Group has said its CEO of six years, Steve O’Neil, is to leave the company at the end of this month.

Hamburg-based solar operator Blue Elephant Energy has entered the Greek market for the first time by acquiring two solar parks totalling 45MWp capacity from developer ABO Wind AG.

Solar developers including Falck Renewables and Qair are among the 30 founding members of a new coalition that aims to deliver green hydrogen at the same price as fossil fuel-produced H2 this decade.

A round-up of the latest solar PV project updates around the world, including news from NextEnergy Capital, Lightsource BP, and Sonnedix.

Suntech’s ‘Ultra X’ PV module series adopts large format 210mm monocrystalline wafers and 1/3 cut Passivated Emitter Rear Cell (PERC) technology, which increases the light receiving area by 80.5% compared with products of conventional formats, according to the company.