Europe

Q CELLS has secured development rights for ten Spanish solar projects as it moves forward with plans to deliver a multi-gigawatt PV portfolio in the Iberian Peninsula.

Iberdrola is set to double its renewables capacity by 2025 through a €75 billion (US$88.9 billion) investment package that sees the Spanish utility seek to take advantage of the “global energy revolution” and reach carbon neutrality in ten years.

Meyer Burger has appointed a new managing director to lead its transition to become a manufacturer of heterojunction solar cells and modules.

Energy innovation group EIT InnoEnergy has launched a new initiative aimed at stimulating the development of a green hydrogen economy in Europe that could be worth up to €100 billion a year by 2025.

A round-up of the latest news in solar project development, as R.Power receives financing for a 183MWp portfolio, BayWa r.e. sells another Spanish project and Sungrow secures a UK inverter supply deal.

Spain has approved a new framework for carrying out clean energy auctions with the first set to go ahead by the end of the year, as the country looks to install around 60GW of renewables by 2030.

SolarEdge witnessed record revenues in Europe as sales in North America stagnated in Q3, with the effects of the COVID-19 pandemic still clear and present in the company’s financials.

The acquisition of Solarcentury and its PV project pipeline represents a “big step up” for Statkraft as it looks to become one of the world’s leading renewable companies in the next five years, CEO Christian Rynning-Tønnesen has said.

Trina Solar is taking aim at residential and small C&I solar markets worldwide by launching its new ultra-high performance 405W Vertex S series module globally, with production capacity of the product set to reach 10GW by the end of 2022.

LONGi Solar has signed a deal with German-based wholesaler EWS which will see its module supply reach expand into northern European markets.