Solar project developer and asset owner Photon Energy Group has posted reduced revenues and EBITDA in its financial results for the first nine months of 2023, which the company attributed to “lower realised electricity prices and a slow-down in PV components trading”.
European electric vehicle infrastructure company Allego has signed two ten-year power purchase agreements (PPA) for a total of 100GWh of annual power output. The deals are linked with a solar PV and a wind generation project.
Maria Popova of the European Federation of Energy Traders makes the case for power purchase agreements from renewable sources, as the sheer volume of renewables growth required to reach Europe’s climate target means that public financial support is unlikely to be sufficient for the task, and market-based instruments and mechanisms need to be deployed alongside.
Undetected faults and damage in solar PV modules, like cracks, manufacturing errors and foreign material, pose a “significant risk” to the solar industry according to a new report from US renewables firm Clean Energy Associates (CEA).
US-based independent power producer Enfinity Global has closed €300 million (US$316 million) in equity funding from global alternative asset manager ICG, with another €100 million expected to close within a year.
PV Tech Premium caught up with the French solar PV manufacturing startup Carbon to discuss its plans for expansion, inclusion in a European research and development (R&D) ecosystem and how to redress the balance of EU solar supply.
