Solar developer ib vogt has secured up to €270 million in financing to help it continue to pivot towards a build-own-operate strategy for a gigawatt-scale portfolio of solar assets.
Elevion, the renewables arm of Czech conglomerate ČEZ Group, is targeting growth within Europe’s PV market after closing the acquisition of Belectric’s European assets.
The sun wasn’t shining in Glasgow for COP26 and many in the solar sector lamented the lack of mention in countries’ pledges. Nonetheless, some vital announcements were made that will be crucial to the industry’s growth and its role in reaching net zero, writes Sean Rai-Roche.
While the technological advancement of solar over the coming decade will play a significant role in driving deployment, actual installations will largely driven by two factors – manufacturing capacity and national decarbonisation targets. Jules Scully examines how much solar can be made, and deployed, by 2030.
The so-called ‘king of electricity markets’ is rapidly approaching an inflexion point, wherein solar PV will become the most prolific source of new-build power this decade. However to pave the way, numerous hurdles in the technological, manufacturing, O&M and grid fields will need to be surpassed. Liam Stoker, Jules Scully and Sean Rai Roche discover solar’s 2030 blueprint.
Tech major Amazon has added a further 2GW to its committed utility-scale solar PV capacity, adding projects in the US and Europe to its renewables portfolio.
Lightsource bp has announced its entry into Poland’s solar market through a co-development deal which will see the developer proceed with a 757MWp pipeline in the country.
Europe's energy crisis can be a boon for renewables deployment on the continent by bolstering business cases, but familiar foes such as grid constraints will still need to be hurdled in the coming years.
