The combination of strict land legislation, elaborate permitting and a fiercely competitive solar developer market trying to meet ambitious PV deployment targets is causing issues for the French solar market.
Germany’s latest solar PV auction for ground-mounted capacity has ended three and half times oversubscribed with nearly 5.5GW of bidding capacity submitted.
Lightsource bp, the solar power arm of oil and gas major bp, has sold a 294MW solar portfolio in Italy to asset manager EOS Investment Management Group.
In 2023, a collective US$1.8 trillion went towards energy transition technologies and their supply chains, including solar PV and other renewable generation, grids, electrified transport and clean tech factories.
The European Commission has targeted a 90% share of EU electricity consumption by 2040 to come from renewables – mostly solar and wind – and complemented by nuclear energy, according to a leaked draft first obtained by French media Contexte.
The co-location of renewable generation and energy storage demands new contractual arrangements to make such projects commercially viable. Jack Rankin, Miguel Valderrama and Brian Knowles of Pexapark explore how hybrid PPAs are becoming a favoured solution for structuring deals that capture the full value of both assets.
