Europe

The Spanish Ministry of Ecological Transition (MITECO) has published the regulatory basis for the €750 million (US$812 million) incentive scheme for renewables and storage manufacturing.

Global power platform Nala Renewables has acquired a 34MW PV portfolio in Lithuania from Lithuanian renewable power developer Green Genius.

The portfolio consists of three solar projects – with 160MW, 67MW and 40MW of capacity each – located in Central Greece.

Fortis Energy has acquired a 180MWac solar project in Serbia, with plans to add a battery energy storage system (BESS) to the facility.

PV Tech Premium reports on the barriers now facing European solar, from changing political winds to lagging grid modernisation efforts.

The land in question excludes natural reserves and high-value agricultural areas under “strict agricultural, environmental and technical criteria for hosting onshore wind and solar projects.”

Voltalia has expanded its clean energy portfolio by 15% in the second quarter of 2024, driving a 42% growth in turnover.

Wood Mackenzie’s ‘Global solar PV tracker market share’ report highlights that the top ten vendors accounted for 90% of the global market share in 2023.

Masdar would acquire a minority stake in Enel Green Power Spain Solar which owns an operational solar PV portfolio of 2GW in Spain.

Ameresco Sunel Energy SA has started constructing Lighsource bp’s 560MW Enipeas solar PV project in Greece, the largest in its portfolio.