Western Europe

Despite the coronavirus pandemic, the photovoltaic inverter maker grew its revenue compared to the previous year.

Oxford PV is currently building a manufacturing facility for its silicon perovskite tandem solar cells in Brandenburg an der Havel.

Yotta Energy just won seed funding to install batteries under solar modules — in an architecture analogous to microinverters and optimizers.

A 50 kW PV system is being built on the facade of a radiology center near Marburg’s main train station. The Marburg municipal utilities and the Sonneninitiative association have concluded a PPA that ensures the long-term financing of the project.

Since it’s a slow news day — we’re publishing the first of our 2021 predictions with Rob Collier of PPA marketplace, LevelTen Energy, prognosticating on renewable energy procurement.

The solar racking market has quiet revenues of billions of dollars and continues to consolidate — driven by equity firms such as Esdec and Tenex. The market segment has become a small hotbed of M&A.

Despite the pandemic, residential solar growth continues. Commercial solar, always the problem child, is having trouble coping with the virus.

The Norwegian hydropower business wants to pay $152 milllion for the London-based clean energy developer which claims to have brought to life 1.2 GWp of project capacity in seven countries since 2013.

Executive moves in solar, storage, cleantech, utilities and energy transition finance.

Also in the brief: Scatec Solar to buy state-owned hydropower firm SN Power in a $1.17 billion deal, Panasonic Solar and Service Finance Company rolled out a new home energy storage financing program.