octopus

A round-up of the latest news from Europe’s solar market, as European Energy sells off Denmark’s first solar farm built using bifacial panels and both RWE and Octopus snap up French solar assets.

UK player adds to zero-subsidy momentum in Southern European state as it takes Shell- and EGO-backed 70MW pipeline to the finish line on Sardinia island.

Plans would see solar installed on 1 million social homes in bid to tackle fuel poverty.

Single-axis PV tracker firm, Array Technologies has secured a 333MW order for its DuraTrack HZ v3 system for the Darlington Point Solar Farm, 50 kilometers south of Griffith, New South Wales.

Octopus survey finds grid-scale plants are most sought-after asset class for institutional financiers, with Australian names the most enthusiastic.

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.

The developing post-subsidy solar market in Europe has taken another step forward with the news that UK-based investor Octopus has extended five power purchase agreements in Italy with renewable energy trader EGO Group.

Oil major Shell has signed a power purchase agreement (PPA) for a 70.5MW portfolio of unsubsidised solar projects in Italy.

Octopus Energy Investments announced that it has refinanced a 17.4MW portfolio of solar assets in France. The total deal value is tabbed at US$67.3 million and is structured as a fully amortizing 14-year loan.