Europe

Cormac Gilligan of S&P Global said macro market forces have combined with technology shifts to impact the fortunes of inverter producers.

The sixth PPE2 tender for ground-mounted solar ended up slightly oversubscribed as the French government tendered for 925MW of PV capacity.

In its Q1-3 2024 financial results, SMA Solar said it will cut up to 1,100 jobs and reduce costs by between €150 and €200 million by the end of 2025.

US EPC contractor SOLV Energy has built over 13GW of solar PV capacity and remains the leading EPC contractor as of the third quarter of 2024.

Lithuanian lawmakers have adopted legislation designed to limit the ability of Chinese inverter manufacturers to remotely access the country’s solar and wind power plants.

Masdar and the Albania Power Corporation (KESH) have announced plans to build a “gigawatt-scale” renewable power portfolio in Albania.

News round-up of recent tenders globally; Nepal awarded 1GW of solar, Italy 320MW and Bahrain seeks 44MW of PV capacity.

Greater policy support will be needed if the world is to meet its 2030 renewable energy targets, according to Ember Climate.

Trinasolar spoke to PV Tech ahead of the Large Scale Solar Central Eastern Europe event about the PV potential in Eastern Europe.

Europe is forecast to add 110GW of solar PV capacity in 2025, according to Liam Coman, solar market analyst at S&P Global Commodity Insights.