Liam Stoker reflects on last week’s Solar Finance & Investment Europe conference, where investors, developers and asset owners gathered to hear how emerging trends will shape Europe’s surging solar ecosystem in the coming years.
Panellists at London event were all confident market will retain momentum and grow bolder despite the speculative plays and competition from utilities and oil majors.
Iberian operators tell London event they worry adoption of Lisbon’s solar auction design by neighbour Spain could entrench model producing prices developers ‘cannot survive’ on.
Free-market plays are spreading throughout Europe’s four corners despite risks that neither technology nor innovative finance can eliminate for now, say speakers at London event.
Wholesale price cannibalisation poses the most significant threat to Europe’s utility-scale solar industry, a panel of investors has heard at the London event.
PV Tech understands that two solar projects by developer Hive Energy and financier Noy Fund will be deployed without PPAs, with plans to generate revenues via direct energy sales.
Lightsource BP has clinched a funding deal with London-headquartered bank NatWest to finance the development of its maiden Spanish solar projects.
The momentum behind subsidy-free, utility-scale solar developments in the UK has continued to gather, with new names and familiar faces alike demonstrating their commitment to the market.
EU production line of 5 to 10GW a year is possible and would help deliver the required 117GW-to-630GW capacity push, experts say as separate study touts PV’s job benefits for coal regions.
Project in Sardinia (5MW) emerges as sole PV winner of 500MW auction dominated by wind power (495MW) but industry representatives believe solar future is subsidy-free.