Renewables developer Elawan Energy has closed a €760 million financing on a 1.3GW solar PV, wind and battery energy storage system (BESS) portfolio in Spain.
The EU ban on issuing funds for energy projects using Chinese inverters could affect around 14% of the bloc’s solar demand through 2030, according to new analysis from energy market research firm Wood Mackenzie.
The maximum price for renewable energy projects awarded Contracts for Difference (CfD) under the UK government's Allocation Round 8 (AR8) auction has remained at £75/MWh (US$100/MWh).
The combination of grid shortages and massive recent expansion has put European solar developers in a “critical” position, according to the CEO of veteran German solar EPC and developer, Belectric.