finance

German utility E.On has partnered with engineering major thyssenkrupp to plug large-scale hydrogen electrolysis plants into Germany’s grid using a renewables-backed virtual power plant (VPP).

Module manufacturer Trina Solar has sold around 1GW of solar PV projects to a newly-launched asset management vehicle, dubbed Matrix Renewables.

An increasing number of banks are turning away from fossil fuels and towards renewable energy financing. As Catherine Early reports, despite the chilling effect of the coronavirus pandemic on the industry, hopes are high that a tipping point is nearing.

Developer European Energy has completed a 103MW solar farm in southern Italy, lauding it as the country’s largest to date.

Measures designed to support solar and other renewables in the US have been proposed within a landmark US$1.5 trillion infrastructure investment Bill, tabled by House Democrats.

Asian C&I solar specialist Cleantech Solar has secured a US$75 million loan to fund its expansion across Southeast Asia.

The era of subsidy-free solar is well underway in a growing number of markets, with Europe leading the way. As Solarcentury’s Peer Piske explains, the greater sensitivities around modelling zero-subsidy projects mean new approaches to design and planning are required by developers

Inverter failures and the prevalence of auction-based mechanisms for large-scale solar projects are placing pressure on solar operations and maintenance (O&M) prices, a new report from Wood Mackenzie has found.

The global solar industry continues to respond to the COVID-19 pandemic and chart its role in the recovery, with numerous stories this week lauding the PV sector’s potential to lead from the front.

The global solar industry could enter the terawatt era by as early as 2022, but only if national governments set appropriate, post-COVID stimulus measures in motion.