Global investment manager CarVal has invested €100 million (US$107 million) in Swedish solar company Svea Solar to support its expansion of utility-scale solar plants in Europe.
The decision of US President Joe Biden to waive tariffs on solar imports from Southeast Asia for two years and authorise the US Department of Energy (DOE) to use the Defense Production Act (DPA) to accelerate the production of clean energy technologies, including PV modules and module components, has been broadly welcomed by the US solar sector and industry analysts.
Greek renewables developer Mytilineos is developing more than 750MW of solar PV in Chile, nearly 600MW of which is considered at a mature stage, PV Tech can reveal.
UAE-owned renewable energy company Masdar has penned an agreement with the Ministry of Energy of the Republic of Azerbaijan to develop up to 10GW of renewables in the country as Masdar continues to expand its international presence.
Italy’s solar sector is a market in flux, with moves by the government to ease development clashing with a clawback of solar profits hampering international investor confidence. Molly Lempriere takes a look at what the new market potential for Italy is and where does it go from here?
Supply chain woes, spiralling energy prices and the COVID-19 pandemic have reversed the downward trend in average business interruption (BI) claims for renewables developers, with sector-wide average business downtime days up by 38% on 2016.
The European Solar Manufacturing Council (ESMC) has launched an Important Project of Common European Interest (IPCEI) for PV aimed at mobilising EU member states’ support for breakthrough solar manufacturing technologies and to aid their commercialisation.
