Spanish developer Grenergy has launched a €90 million (US$94.8 million) accelerated capital increase to fuel growth in Europe and develop its energy storage capacity.
Solar developer Procon Solar GmbH has sold a 400MW PV project pipeline to German energy company EnBW, with the potential for this to double over the next year as EnBW targets 50% of renewables in its generation mix by 2025.
Independent power producer (IPP) AMPYR Solar Europe (ASE) and German developer Belectric have agreed to install a pipeline of more than 200MW of solar PV capacity in Germany within the next two years.
A steep decline in solar irradiance in Spain earlier this year highlights the need for an interconnected European grid and increased investments in forecasting, according to PV data firm Solargis.
India and Germany’s solar sectors are set to outperform in the coming years, but both markets will fall short of government PV deployment targets, according to Fitch Solutions.
Germany‘s new rainbow coalition has hit the accelerator on solar deployment in the country, setting the ambitious aim of reaching 215GW of installed capacity by 2030. Jules Scully speaks to policy makers and developers alike to discover just how the market can reach that goal
