Search

Enery subsequently became the largest privately-owned Austrian solar developer of unsubsidised renewables in the CEE. The initial investment commitment from the 3SIIF was injected into the company to complete the acquisition of a 70MW portfolio of solar PV assets in the Czech Republic, a parallel buy-side transaction on which Cantor Fitzgerald advised Enery, which subsequently would represent a subscription of newly issued shares representing a 75% stake in the company. Amber Infrastructure's acquisition - through Three Seas Initiative Investment Fund (3SIIF) - of a stake in Enery Development wins the European Renewables and Energy Transition Acquisition of the Year for the IJInvestor Awards 2022. [Extracted from the article]

The cover story discusses the development of solar power from 2000 through 2014 in Europe and the United States, including in regard to the solar power industry's finance. An overview of the role that government plays in regulating the solar energy industries, including in regard to government policies that offer subsidies to the renewable solar power industry, is provided. An overview of the solar industry in Germany, including in regard to the country's increase in solar-panel power, is also provided.

Germany-based Signal Iduna and its subsidiary Hansainvest Real Assets have signed an agreement to acquire the 650MW solar PV Witznitz Energy Park from developer Moveon Energy. Nicholas Brinckmann, chief exec of Hansainvest Real Assets, said: "A project of this magnitude is an absolute lighthouse asset for us, and of which we are proud. [Extracted from the article]

Keywords: AGR; ALTNRG; BUSINESS; CLIMATE; CMD; COS; ELC; EUROPE; FRA; GEN; GER; INDUSTRIES; MARKETS; NRG; UK; UTI; WORLD EN AGR ALTNRG BUSINESS CLIMATE CMD COS ELC EUROPE FRA GEN GER INDUSTRIES MARKETS NRG UK UTI WORLD Europe's biggest economies are seeing near-record amounts of solar power as a heat wave spreads across the southwest of the continent, boosting demand for electricity to keep people cool. AGR, ALTNRG, BUSINESS, CLIMATE, CMD, COS, ELC, EUROPE, FRA, GEN, GER, INDUSTRIES, MARKETS, NRG, UK, UTI, WORLD. [Extracted from the article]

The article offers information on the sale of photovoltaic (PV) at discounted prices which lead to the fall in the values chain of PV industry in Europe. It mentions that the improvement in the feed-in-traffic (FiT) market helps in the development of solar industry. It offers information on the significant tension between the supply and demand in the PV industry. It mentions that in 2011, the manufacturers of China and Taiwan shipped 56 percent of total technology to buyers. It mentions that the average global prices of PV were close to production cost from 2001-2003.

The article provides information on the solar thermal heating technology which is attracting interest in the energy market worldwide. It discusses the increasing demand for solar technologies in some European countries which is driven by China as the biggest solar thermal market worldwide. It highlights some of the companies which will manufacture and install solar thermal heating technology. The article also presented some of major players in the solar thermal market outside Europe and the transformation in the energy market to low-carbon energy.

The article focuses on the commitment of the European Union (EU) and its Member States to achieve a 20% share of renewable energy in the final energy consumption in Europe by 2020. The "Study of the Potential of Solar Thermal in Europe" investigates the growth originating from solar energy. It shows that the solar thermal sector will consist of 470,000 full-time jobs including production, engineering, trade and installation of solar thermal systems from 2006-2020. It points out that the solar thermal contribution to the long-term final energy demand will be limited if the focus remains on the solar thermal systems for domestic hot water preparation.

The article reports on the all-time high rising interest in solar power, which is driven by an increase in fossil fuel prices in the U.S. It contends that the cost of solar cells continues to drop due to greater efficiency and thinner silicon wafers that utilize less raw materials. It cites that insiders frequently speak of grid parity or cost parity which means the point when the solar system averaged 10 and 25 years will cost the same as traditional electricity. According to vice president of public policy for cell manufacturer SunPower Corp., Julie Blunden, the figures vary because there are thousands of different utility rates globally. It states that in Europe, higher-than-American energy costs and government incentives are urging the movement to solar.

The article looks at the compact tracked loader (CTL) sector in Europe. Topics include the launch of the Tier 4 Final/Stage IIIB small platform models of skid steer loaders and CTLs by construction equipment manufacturer J.C. Bamford Excavators Ltd. (JCB), Case Construction Equipment's updated skid steer loader and CTL ranges, and the use of CTLs in solar farm industry.

Copyright of HORIZONT is the property of dfv Mediengruppe and its content may not be copied or emailed to multiple sites or posted to a listserv without the copyright holder's express written permission. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

The article focuses on the global investment in renewable power and fuels. It states that the investment has increased 17% to a new record of $257 billion in 2011, in which developing economies make up more than a third of the total, according to The Global Trends in Renewable Energy Investment Report (GTR) for 2012. It says that India has shown the fastest expansion rate with its 62% increase to $12 billion as the U.S. closed in on China in the race to be the leading renewable energy investor. It adds that the share prices in the renewable energy sector faces overcapacity in the wind and solar manufacturing chains and investor unease on the direction of support policies in both North America and Europe.

The article focuses on the development in European solar thermal industry from 2000 to 2011. It says that solar thermal sector in Europe reached an average of 3.9% for the past five years and 9% for past 10 years. It states that solar heating and cooling is a major aspect of the energy policy in Europe, particularly in terms of achieving the target for 2020, which will depend on various Member States incuding Italy, Germany, and Belgium. It adds that European Solar Thermal Industry Federation (ESTIF) reports an 11% increase in the sector in Germany due to degression in incentive scheme, lowering subsidies for renewal heat, and private investors.

The article focuses on the report "Global Market Outlook for Photovoltaics 2013-2017" by the European Photovoltaic Industry Association (EPIA) on the role of Europe in the global solar photovoltaics (PV) market. It states that the report shows declination in the new PV capacity of Europe in the year 2013 and mentions about the uncertainty of the European market. It highlights the huge potential of global PV market of countries including China, India and Japan.

The article reports on the plan of the government of Saudi Arabia to export solar electricity to Europe.

The article reports on the decline in European silicon prices on October 26, 2012 amid weak demand from chemical and poly-silicon producers. Prices for silicon in the European market dropped to €1,950-2,050 per tonne. A trader explains that the withdrawal of government subsidies has affected the solar industry. European aluminium alloy producers have been purchasing at the top of the new silicon price range.

The article offers information on the developments in the solar markets, despite of global financial crisis in Europe. It mentions that the Portuguese internal rate of return (IRR) increased in 2011. It presents information on photovoltaic (PV) technologies including, monocrystalline silicon (c-Si), cadmium telluride (CdTe) and multicrystalline silicon (mc-Si).

The article offers news briefs related to ups and downs of European market in 2009. As stated, oil producing countries and some big buyers are planning to make a shift of oil pricing from dollars to greenback's prestige. Nokia Corp. is reported to challenge its top rivals in handset maker by introducing new Nokia netbook, handset, and tablet computer. Reportedly, solar industries experienced a sudden slowdown in private sector investment and the price of oil also fell from its mid-2008 high.

The article reports on the growth of solar industries in Germany and Spain. It notes that project developers have been wanting to launch solar farm projects immediately before power tariffs for the industry were slashed by nearly 10% starting in January 2010. It cites that 2.5 gigawatts (GW) of new solar capacity have been added in Spain in 2008. Also mentioned is an expected strong growth in heavily subsidised markets, such as Canada and nations of central and eastern Europe, as well as Japan.

The author offers her view on the prospects of the solar energy sector in Europe. For her, looking at various growth scenarios is a general practice. She says an increased growth scenario assumes that markets are shaped by strong, proactive policy measures and research and development (R&D) investment, and a moderate growth scenario. She adds that future scenarios act as a significant signpost for the way ahead.

The article reports on the partnership between Samsung America and Aspen Aerogels to market and sell the thermal insulation products of the latter to the concentrated solar thermal industry in the U.S. and Europe. It is noted that the move by the companies are relevant to the greenhouse gas mitigation effort. It is said that the aerogel insulation products supplied by Aspen are up to eight times more effective compared to other insulation materials. The three product lines manufactured by Aspen include Spaceloft, Cryogel and Pyrogel.

The article discusses the investment of GE Energy Financial Services of Stamford and Grupo Corporativo Landon of Spain worth $350 million in one of Spain's largest solar power project developers, Fotowatio. GE president and chief executive officer Alex Urquhart stresses that the investment gives them immediate access to attractive solar markets in Europe and the U.S. and will form an important part on broader strategy of GE to become a major player in solar power.

This section offers news briefs related to the stock market performances of several companies in Europe. The Royal Bank of Scotland has sold one of its tower blocks in London's Canary Wharf to a joint venture between Quinlan Private and PropInvest. Solarworld is planning to build another integrated solar factory in Freiberg, Germany. Icelandic food systems maker Marel has raised its stake in Stork to 16.9 percent.

The article focuses on the decision of Great Britain not to rush ahead of Europe in the green economy race as shown in its decision to halve solar feed-in tariffs (FITs). The British government scrapped the mandatory introduction of display energy certificates for commercial buildings and delayed the release of the detailed proposal for the Green Deal. The delay resulting from such government's decision put at stake the future of businesses align to the green rhetoric and legislative agenda.

The article considers the problems faced by the solar energy sector in Europe due to a reduction of subsidies and growing uncertainty over retroactive subsidy reductions for built or under construction initiatives.

The article presents a forecast from DuPont that its photovoltaics (PV) business will experience substantial sales growth as a result of strong demand for solar installations in Asia, Europe and North America. In 2011, the company expects sales to reach more than one billion U.S. dollars. According to DuPont, PV sales grew by 25% in 2009 outperforming the average growth in the solar market. The estimated value of the solar market by 2015 is 75 billion U.S. dollars.

Reports the clearance of a deal between Shell Erneuerbare Energien, Siemens AG and E.ON Energy AG in Europe. Acquisition of joint control of a solar energy joint venture; Company background of Shell.

Reports on the European Photovoltaic Industry Association's mapping out of a business plan for the photovoltaic industry in Europe. Accomplishments of the organizations since its formation in 1985; Association chief executive Murray Cameron's plans to expand the reputation and influence of the group; Role of the association in energy-related political decisions.

Reports on BP Amoco PLC solar division BP Solarex's acquisition of Apex, a solar electric company based in Montpelier, France. Apex's core business; Total wattage of solar products produced by the British solar division each year.

Reports on the rapid growth of the photovoltaic solar energy industry in Europe according to the European Energy Commissioner Christos Papoutis.