Solar investor and asset manager NextEnergy Group has launched a new renewables development division that will aim to develop 5GW of projects within three years.
Liam Stoker reflects on the opening day of Solar Finance & Investment Europe 2022, where investors and developers alike warned of looming inflation, power price volatility and project availability as Europe’s energy landscape enters a new paradigm.
Italy must accelerate the authorisation of new solar projects to reduce the country’s reliance on imports of Russian gas, the president of industry trade association Italia Solare has said.
Swiss fund manager SUSI Partners is exploring PV-plus-storage investment opportunities, building on a string of announcements in recent months that have seen it bolster its utility-scale solar position in markets such as Poland and Italy.
Italian utility Enel is partnering with engineering, procurement and construction (EPC) contractor Comal to set up a solar tracker manufacturing plant with an annual production of up to 1GW.
Spanish developer Matrix Renewables has signed a strategic partnership agreement with Spanish renewable energy company Energía Aljaval to co-develop at least 300MW of solar projects in Italy.
Swiss fund manager SUSI Partners, through its Energy Transition Fund (SETF), has launched a solar PV development platform in Italy that aims to deploy 500MW of utility-scale solar PV after identifying Italy as a key growth market.
More than half of Italy’s installed solar capacity is subject to a new law that requires plant owners to pay the country’s government an increase in profits resulting from high electricity prices, according to a board member of trade body Italia Solare.
A new policy in Italy that claws back the profits of solar PV projects will undermine investor confidence and jeopardise the European Union’s clean energy transition, a group of trade associations, including SolarPower Europe, has warned.
