Europe

Israel-headquartered independent power producer (IPP) Econergy has announced the commercial operations for a 155MW solar project in Romania.

As the industry leaves behind p-type technology, most module manufacturers have either chosen tunnel oxide passivated contact (TOPCon) or heterojunction to jump towards n-type modules, with some opting for back contact (BC) cells to transition towards the new technology.

The European Commission has approved this week Italy’s and Hungary’s aid schemes to support renewable energy projects.

Econergy has closed a €60 million funding facility with Austrian bank Raiffeisen for its 155MW Ratesti solar project in Romania.

Lightsource bp has launched a request for submissions for its latest multi-buyer corporate power purchase agreement in Europe.

According to reports from Norwegian media outlets, the price of electricity in Norway, alongside worldwide overproduction of polysilicon, made REC’s operations untenable in comparison with its Chinese competitors.

A “toxic inventory” of modules has been building up in Europe because market growth has been slower than expected, according to S&P Global.

Germany’s auction for solar installations on buildings and noise barriers has awarded contracts to 88 bids with a cumulative capacity of 191MW.

The European Commission has opened this year’s Innovation Fund with a budget of €4 billion to support the development of decarbonisation technologies.

Europe's PV industry must take full advantage of the Green Deal to reassert its leading position, according to NexWafe CEO Davor Sutija.