Sky-high electricity prices and an increasing urgency to curb fossil fuel led to a surge in European solar additions last year. Jules Scully charts how the continent’s ongoing energy crisis is affecting EU renewables policy and PPA appetite.
German rooftop solar installer Enpal has closed its Series D funding round with €215 million (US$230 million) in funding from a group of investors led by TPG Rise Climate, the dedicated climate-investing subsidiary of TPG Rise.
Many of France’s large-scale solar projects have had to be set aside temporarily due to pressures from the energy crisis causing poor access to equipment and a rise in the levelised cost of electricity.
Demand is soaring in the US for residential solar and storage, driven by a desire for energy resilience and sustainability, but traditional utilities are hampering progress.
On 15 December, the California Public Utilities Commission will vote on the latest net energy meeting (NEM) proposal regarding the state’s rooftop solar market. Ahead of the vote, activists have taken to the streets in a series of demonstrations against the legislation, and the California Solar and Storage Association (CALSSA) and other representative groups have been vocal in their criticism of the proposal.
Curtailment remains the most talked-about subject in Vietnamese solar, but potential solutions such as foreign investment in transmission and grid-based energy storage are being held back.
Norway-based solar manufacturer REC Group has begun production of its new REC N-Peak 3 Black Series of rooftop solar panels, the third generation of its n-type TOPCon cell-based solar panels.
