Spring 2020 budget boosted from €2bn to €4bn in the wake of court ruling ordering stronger climate response from country, which risks missing its 2020 RES target.
Funding will back 18 PV plants in Spain of around 900MWp capacity awarded to Zero-E Solar in a 2017 auction, alongside various clean energy projects in the Netherlands, Austria and Italy.
Delivering 103MWp Midden-Groningen within eight months involved installing 315,000 panels, setting up biodiversity-friendly areas and linking the plant directly to the Dutch grid.
TenneT commits €215m to 380kV/110kV substations and other grid upgrades to relieve congestion, following months of political pressure over PV-driven bottlenecks.
Nine of Europe’s industrial power giants and most prominent green bond issuers have clubbed together to put green bonds - mechanisms that are beginning to draw huge traction worldwide - at the heart of their financing strategies.
SMA Solar Technology AG and transmission grid operator TenneT have signed off on a contract for the supply of current performance data from PV systems.