Small-scale specialist will set sights on US and European projects after year of higher profits and revenues, net income losses and relocation from Shanghai to Connecticut.
German firm gets support for ready-to-build 42MW pipeline at 750MW auction held on 10 December, which is set to award US$950m in CfD payments over 17-year period.
The EU’s solar market doubled roll-out in 2019 with 16.7GW of deployment, up 104% on the 8.2GW installed in 2018, according to SolarPower Europe.
Spanish-Japanese renewables company Univergy International has established a new subsidiary, Univergy Polska SP, in the Polish city of Sopot in order to help develop a five-project PV pipeline.
Warsaw sets early December dates for 2.5GW (>1MW projects) and 750MW (<1MW) renewable tenders, with industry expecting solar to dominate latter auction as was the case last year.
Divestment of DG portfolio to Denmark’s Obton follows sales in countries including Poland and emerges after firm returned to profitability but noted rising short-term debt levels.
Aberdeen Standard Investments makes latest move of a series in Eastern European state as it purchases 34 CfD-backed ground-mounted projects.
Jetion inks 1GW project deal with consortium in Italy while Risen cites Poland’s potential as it bags agreements to supply 8MW and 6.6MW PV plants in Eastern state.
Latest financial update lays out where and how small-scale specialist will turn as it works to deliver 1.4GW global pipeline, 714MW of it late-stage.
Plans for consortium-sponsored 600MW complex and separate 500MW partnership with mining group looks set to boost momentum in one of Europe’s PV markets-to-watch.
Agreement between R.Power Group and mBank for latter to finance under-construction pipeline is touted as country’s largest bank-backed solar arrangement to date.
Energy and mobility group will invest €36m to back new small-scale solar push after selling 45.5MW portfolio to Aberdeen Standard earlier in July.
Warsaw unveils PLN1bn scheme to co-fund home PV, World Bank supports roll-out in Sahel state, Pacific kingdom breaks ground on off-grid solar.
Development of large-scale pipeline in one of Europe’s solar markets of the moment follows SIG’s sale of first 42.36MW it has linked since entering the country in 2017.
Perovskite-based PV manufacturer, Saule Technologies expects to have its first prototype production line ready in the fourth quarter of 2019, which will produce flexible, lightweight, semi-transparent, single junction solar substrates with 10% conversion efficiencies.