Panellists at London event were all confident market will retain momentum and grow bolder despite the speculative plays and competition from utilities and oil majors.
Major PV inverter manufacturer, SMA Solar Technology surprised with better than guided 2019 financial results as a surge in shipments and sales took place in the second half of the year.
Russia-based high-efficiency heterojunction solar module producer, Hevel had met all of its 2019 production and shipment targets, supported by a number of utility-scale PV power plant projects across Russia and Kazakhstan.
Major PV inverter company, SolarEdge Technologies has secured a significant single deal of around 1GW to supply PV inverters and power optimizers for European commercial and industrial (C&I) rooftop projects that will be financed, built, and operated by Enfindus.
Funding will back 18 PV plants in Spain of around 900MWp capacity awarded to Zero-E Solar in a 2017 auction, alongside various clean energy projects in the Netherlands, Austria and Italy.
Iberian operators tell London event they worry adoption of Lisbon’s solar auction design by neighbour Spain could entrench model producing prices developers ‘cannot survive’ on.
Free-market plays are spreading throughout Europe’s four corners despite risks that neither technology nor innovative finance can eliminate for now, say speakers at London event.
Wholesale price cannibalisation poses the most significant threat to Europe’s utility-scale solar industry, a panel of investors has heard at the London event.
PV Tech understands that two solar projects by developer Hive Energy and financier Noy Fund will be deployed without PPAs, with plans to generate revenues via direct energy sales.
