Europe

The European Commission has launched investigations into two Chinese consortia over their bids for involvement in a Romanian solar project.

Solar developer Recurrent Energy has secured a €110 million (US$119 million)multi-currency finance facility to support the development of its global solar PV and energy storage project pipeline.

German independent power producer (IPP) Encavis has signed an offtake deal with LyondellBasell for 208MW worth of solar PV power generation.

The European Commission has approved a €1 billion (US$1.1 billion) Greek state aid measure to support two solar-plus-storage projects.

Greek renewables developer Mytilineos has signed a 210MW solar PV long-term power purchase agreement (PPA) with packaging manufacturer Karatzis in Greece.

Voltalia has reported earnings before interest, taxation, depreciation and amortisation (EBITDA) of €241.1 million (US$259 million) in 2023.

Kiwa Group has integrated three subsidiaries, PV Evolution Labs (PVEL), PI Berlin and Extel Energy, into one brand.

Gareth Simkins examines the winning projects of AR5 and looks ahead to assess how solar is likely to fare in future rounds.

Swedish manufacturer Nordcell has revealed plans to build a 1.2GW module manufacturing plant in northern Sweden.

Since 2023, the main concern facing solar PV project developers in Europe has shifted from supply and module pricing to inadequate grid availability, as reflected in a number of discussions at the Large Scale Solar Europe 2024 conference in Lisbon this week.