finance

The financial difficulties of one of Europe’s best-known downstream solar companies highlight the faultlines running through the continent’s PV and energy storage business.

Italian power utility Enel has bought two solar PV projects in the US with a combined 625MW of generation capacity.

Sonnedix has secured US$1.3 billion refinancing covering 1GW solar and wind and 117MW BESS under construction in Chile.

US technology giant Oracle is seeking proposals for 2GW of solar PV, wind power, geothermal and “other renewable technologies” to power its data centre operations in New Mexico.

Hamburg-based solar PV construction firm Pvwerk has filed for reconstruction just days after its sister company, Enerparc, announced insolvency.

Renewables investment platform Qualitas Energy has bought independent power producer (IPP) Cero Generation’s 5.8GW European solar PV and battery energy storage project portfolio.

Germany and the wider EU can use its research and development strengths to stay competitive in the global solar PV manufacturing industry, according to a group of industry and research bodies.

News of two utility-scale solar PV developments in Texas, where construction began on a 347MW project in Wharton County and finances secured for a 310MW/250MWh pair of projects.

PV Tech Premium speaks to IEEFA's Jonathan Bruegel about how renewable PPAs have become a key part of European energy resilience.

Europe’s PV fleet has removed the need for over €30 billion (US$34.74 billion) in gas imports since the start of the Iran conflict.