ROTH Capital Partners has become increasingly bullish on a strong rebound in global solar demand in 2019, led by competitive pricing dynamics with other energy sources and increasing optimism that China will provide good subsidy support for solar in 2019 and onwards.
China-based PV firm ReneSola has secured a €13.4 million bridge financing agreement with Eiffel Energy Transition Fund for solar projects including 41.3MW in Hungary and 55MW in Poland.
The corporate power purchase agreement (PPA) market is currently struggling from a “large gulf” in understanding that standardised contracts could solve, but the industry is still a “long way off” from introducing them.
The continued growth of the secondary solar market on a pan-European scale will result in “exciting times” for the sector, but big utilities are unlikely to stay on the sidelines.