The NextEnergy Solar Fund (NESF) will issue 250 million new shares as it looks to buy up a raft of projects in the UK before the closure of an existing support scheme.
The European Commission is facing severe criticism after it gave state aid approval for £17 billion (US$27.3 million) worth of nuclear energy subsidies.
Although some areas could hit wholesale grid parity by as soon as 2018, most large-scale wind and solar deployment in Europe will still require subsidies over the next 20 years, according to the study from consultancy Pöyry.
The closure of Masdar PV’s a-Si thin-film operations that were announced in May, 2014 has subsequently and inevitably led to the sale of the production line equipment, which will take place in an online auction conducted by Maynards on October 8.
Proposed changes to large-scale PV incentives by UK’s Department of Energy and Climate Change (DECC) has led to a slowdown in installations, forcing market research firm, NPD Solarbuzz to lower its market demand forecast for the country.
PV developer Martifer Solar, a subsidiary of Martifer SGPS, has agreed to terms on almost 90MW of third-party operations and management (O&M) contracts with multiple PV plants in Italy.
