2022 saw the solar PV market enter a ‘new growth dimension’, where 239GW of solar capacity was added across the world representing two thirds of all new renewables capacity.
Jonathan Touriño Jacobo explores how Eastern and Southern European countries have emerged in the race as key players for the European Union to reach 740GW of solar capacity installed by 2030.
Spanish utility Iberdrola has signed a financing agreement worth €1 billion (US$1.08 billion) with the European Investment Bank (EIB) to build 19 solar power plants and three onshore wind farms in Europe.
Independent power producer (IPP) AMPYR Solar Europe has secured a €200 million (US$215 million) framework project finance facility with Dutch bank Rabobank.
