Europe

The UK’s Standard Chartered Bank will provide a €249 million (£213 million) loan for Turkish investment company Kalyon Enerji.

Graphic Packaging International (GPI) will acquire electricity from an 83MW solar portfolio operated by Zelestra.

Scientists at the University of Oxford last week (9 August) revealed a breakthrough in solar PV technology via an ultra-thin material that can be applied to “almost any building” and deliver over 27% conversion efficiency.

China accounted for more than half of the 536GW of solar PV inverters shipped globally in 2023, due to the country's solar growth last year.

Israel-headquartered solar inverter supplier SolarEdge has reported a quarterly decline in shipments in the second quarter of 2024 with 873MW.

The €50 million green loan will support the design, construction and operation of five solar PV projects in Castilla y Leon and Extremadura.

Romania’s Ministry of Energy has approved the Contracts for Difference (CfD) which seeks to attract 5GW of solar PV and wind capacity by the end of 2025.

The average price of monofacial n-type solar modules in Europe fell 13% over the month, from €0.128/Wp to €0.113/Wp.

Ground-mounted PV is Germany's most cost-effective power generation technology, according to Fraunhofer ISE.

RWE Supply & Trading and the Salzgitter Group have signed a power purchase agreement (PPA) for the 180MW Boitzenburger Land solar park.