With grid availability, plenty of land and a new contracts for difference scheme that is set to go live this year, Romania is proving an increasingly attractive market for solar developers. Lena Dias Martins finds out more.
Solar PV additions have seen significant increase over the past few years, while it is also leading the increase in new renewable capacity worldwide this year, according to the International Energy Agency’s latest report Renewable Energy Market Update June 2023.
Clean energy company Nexamp has secured US$400 million in debt and equity financing to develop up to 250MW of community solar and storage projects across the US.
Renewables company BayWa r.e has inked a deal with German bank Norddeutsche Landesbank (NORD/LB) to secure €32.5 million (US$34.7 million) for a 54.1MWp solar project in Spain.
Emeren Group – a global solar PV developer – has sold its 58MW Polish solar portfolio to Spectris Energy. The projects were sold ‘ready to build’, and Spectris will handle construction and own the projects long-term.
With Germany working on its goal of producing 80% of electricity consumption covered by renewable energy in 2030 as set out in the EEG 2023, it has announced plans to provide a new contract model to enlist local communities in the energy transition.
As agrivoltaics projects grow in popularity, PV Tech Premium gives a look at four countries - Germany, the US, France and Australia - and Africa that have embraced the technology.
