NextEnergy Solar Fund (NESF), one of the UK’s largest solar investors, has completed what it claims to be first subsidy-free solar farm connected by a listed investment firm in the country.
Heidelberg-based firm turns to Southern European state for first unsubsidised solar venture after deploying conventional projects in Germany and the UK.
Deal between developer Solar Ventures and private equity outfit Zouk Capital underscores rising market confidence in Italy as home to unsubsidised PV after years of standstill.
Former will deploy 1.64GW of PV as part of 3GW pipeline in Teruel while latter secures preliminary grid go-ahead for 450MW installation in Guadalajara.
Launch of €100m complex in Castilla-La Mancha region comes as JinkoSolar lands deal to supply Cheetah modules to subsidy-free separate 300MW project in Cáceres.
Firm’s H1 2019 revenue and EBITDA increase mixes with profit margin squeeze as construction progresses in Spain, Chile and global pipeline hits 1.76GW.
Bluefield Solar Income Fund marks advent of UK zero-subsidy utility-scale solar with plans to work on new pipeline on British soil alongside EPC partners.
Spanish energy distributor doubles EBITDA to €33m-plus after becoming offtaker for 708MW, 300MW and 270MW solar pipelines, marking shift for traditionally wind-leaning player.
European Investment Bank mulls shifting lending to batteries and market-based clean energy projects as part of policy reboot to help EU lead fight against climate change.
Italia Solare session warns proactive embrace of batteries will be needed to improve tough economics of ground-mounted PV, blighted by land restrictions and cannibalisation.
Less red tape could bring about revival of cost-competitive PV without government incentives, Italia Solare event hears days ahead of launch of new subsidy programme.
Firm unveils project construction launch alongside the sale of six subsidy-era Spanish solar plants with a combined capacity of 10.1MW in the first half of 2019.
Firm walks PV Tech through rationale for smaller, merchant-exposed 50MWp Don Rodrigo 2 in Spain and why the firm is betting on Germany and Italy, but not Portugal.
