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Macquarie spins off new vehicle to power European solar push – The Australian Financial Review
Cero Generation will develop, build and operate solar projects on a continent where the sector’s capacity is set to double in a decade.
Markets like the UK, Poland, that might only be producing at 1100 or 1200 hours a year, with the reduction in production costs, they are able to produce economically.
Companies and energy-intensive industries across Europe, meanwhile, aim to meet carbon-cutting targets and switch to more predictably priced power supplies.
Solar has a massive role to play. Europe has 150 gigawatts installed to date, and that number is expected to more than double within this decade. Youve got the potential for solar…
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