Europe

Shell is to acquire German battery storage manufacturer sonnen in a bid to accelerate its home energy services position.

Group lands deal to build 100MW worth of plants in southern Russia, securing a €56.2 million loan to develop a further 90MW in projects in Kazakhstan.

The European Bank for Reconstruction and Development (EBRD) and the Black Sea Trade and Development Bank (BSTDB) are set to finance a new solar plant set to be developed in the Mykolaiv region of Ukraine.

Firm hits 140MW PV capacity mark in the country by acquiring two SunPower-equipped plants through purchase of Andromeda PV's owner.

Rooftop PV to become mandatory across large parking sites and new buildings by 2020 to help Spanish archipelago become 100% renewable by 2050.

Germany and Spain to catch up the fastest amid boom set to multiply solar generation by 60 between 2015 and 2050, McKinsey finds.

Octopus survey finds grid-scale plants are most sought-after asset class for institutional financiers, with Australian names the most enthusiastic.

Integrated PV module manufacturer REC Group has said it invested US$150 million in developing and rolling out into volume production a new N-type monocrystalline-based heterojunction (HJ) cell that will use Meyer Burgers ‘SmartWire’ (SWCT) cell connection technology.

‘Solar Module Super League’ (SMSL) member Canadian Solar has surprised with an upwardly revised PV module shipment forecast for the fourth quarter of 2018.

Leading PV manufacturing equipment supplier Meyer Burger has sold its photovoltaic, semiconductor and sapphire wafering business to Precision Surfacing Solutions for CHF 50 million (US$49.8 million) in cash.