Europe

News of two solar project developments in Poland, where Orlen acquired a 216MW hybrid project and Enefit Polska inaugurated a 45MW site.

ABO Energy has agreed to sell its Hungarian and Polish subsidiaries, including projects, solar assets and 38 employees, to PPC.

The Spanish Ministry of Ecological Transition (MITECO) has awarded €360 million (US$415 million) to 1.14GW of solar PV co-located with battery energy storage system (BESS) projects.

The Eindhoven University of Technology announced 'Stella Juva', a prototype of the world's first solar-powered ambulance.

Glenn Davis at Kiwa PI Berlin writes about why quality assurance has become one of the foundations for a solar PV project's bankability.

TotalEnergies has acquired a 4GW renewable energy portfolio from fellow oil major Shell, which includes 500MW of solar PV and wind assets.

IPP Sonnedix has closed a €730 million (US$841 million) financing for the refinancing, optimisation, and construction of renewable energy assets across Southern Europe.

German chemical producer Wacker Chemie has recorded a significant decline in its earnings from polysilicon, due to the adverse market conditions in the solar sector.

UAE state-owned renewables developer Masdar and Montenegro’s national power utility, Elektroprivreda Crne Gore (EPCG), have signed a joint development agreement for 150MW solar PV.

Nadara has secured €1.2 billion (US$1.36 billion) to refinance a 1.5GW operational renewable energy portfolio, including 13 solar projects.