Europe

The drive by China-based PV panel manufacturers to shift sales overseas after the impact of China's 531 New Deal in 2018 is starting to make a positive impact on companies starting to guide first half year financial results.

The EU has committed to lending €145 million (US$163 million) and the ICO up to €140 million (US$156 million) to the largest solar project under construction in Europe.

The Abu Dhabi Future Energy Company, also known as Masdar, is set to leave a major impact on the renewable-energy sector in Armenia.

Polysilicon producer REC Silicon is reducing its workforce at its plant in Moses Lake, Washington, US by approximately 100 employees as the trade war with China continues.

Finland’s Taaleri walks PV Tech through solar investment rationale of SolarWind II Fund, which has just secured €219m of a €300m target.

Government confirms 10GW across 64 projects has applied for support from two-layered 1.4GW tender, meant to award contracts later this summer.

Legislative clarity and tax deductions could help fuel 40-fold boom of solar to power 10% of electricity mix in Nordic state, says industry lobby Svensk Solenergi.

Mercom: US$300m ReNew Power deal and stock exchange listings help industry raise US$6bn in H1 2019 from venture capitalists, public markets and debt providers.

According to the latest ‘Solar EPC and O&M Provider Tracker’ report from IHS Markit, the EPC sector has yet to experience any effective market leaders or consolidation.

Policy and market signals could see UK capture 22TWh opportunity from helping corporates meet clean energy pledges, London event hears.