Macquarie’s Green Investment Group and Univergy International are to collaborate through a new business entity, Nara Solar to build over 700MW of PV projects in Spain, France and the Netherlands.
PV wet chemical processing equipment supplier RENA Technologies has been acquired by private equity firm, Equistone Partners Europe for an undisclosed sum.
The corporate power purchase agreement (PPA) market is currently struggling from a “large gulf” in understanding that standardised contracts could solve, but the industry is still a “long way off” from introducing them.
The continued growth of the secondary solar market on a pan-European scale will result in “exciting times” for the sector, but big utilities are unlikely to stay on the sidelines.
