Europe

German IPP wpd has started construction at its 140.6MW Marcy solar park in the Nièvre department of central France.

France’s Engie and the UAE’s Masdar have been chosen to jointly develop a 1.5GW PV power plant near Abu Dhabi.

The world is on pace to exceed 3TW of cumulative solar installations by the end of the year, according to a report from DNV.

Gaëtan Masson of IEA PVPS warns of overcapacity, collapsing prices and slipping module quality in the new Trends in PV Applications report.

The European solar module market has reached a “state of equilibrium” in recent weeks, with stable prices and regular demand.

Solar PV is the world’s cheapest technology to generate electricity, according to a study from the University of Surrey, in the UK.

Germany has awarded contracts to 490MW of solar-plus-storage projects in its latest “innovation” auction for co-located renewables.

The global energy transition will only be 'marginally impacted' by uncertainties in US energy policy, according to Remi Eriksen, CEO of DNV.

Econergy will acquire 100% stake in the 155MW Ratesti solar project in Romania, further expanding its European renewable energy portfolio.

Solar PV will account for almost 80% of the 4.6TW of new renewable power expected to be added by 2030, according to the International Energy Agency (IEA).