The European Bank for Reconstruction and Development (EBRD) will provide up to US$229.4 million to ACWA Power to develop a 200MW/500MWh solar-plus-storage project in Uzbekistan.
Swedish thin film solar manufacturer Midsummer has secured roughly €8 million (US$8.6 million) to support the development of its 50MW copper indium gallium selenide (CIGS) thin-film cell manufacturing plant in Italy.
French renewable energy company Voltalia has signed a framework agreement to develop over 2.5GW of solar PV and wind capacity in Egypt to support green hydrogen production.
Renewable energy sources provided 44.7% of the EU’s electricity consumption in 2023, according to data from Eurostat, the European Commission’s statistical office.
The Pope has ordered that a solar PV project be built in the Vatican City, with a capacity sufficient to power all of the mini-state’s electricity needs.
