Europe

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.

France has submitted its updated National Energy and Climate Plan (NECP) with an increased target for solar PV of up to 60GW by 2030.

The EU's Green Deal offers the European PV industry the opportunity to become a leading force again, writes NexWafe CEO Davor Sutija.

Under the agreement, Velto Renewables and Kenergy will co-develop early-stage solar power projects in Spain.