Europe

The UK solar industry is set to add an additional 1.7GWpdc of new PV capacity in 2023, according to the Solar Media Market Research team.

Renewable energy developer Hive Energy has sold four solar projects with a combined capacity of 267MW to German solar developer Juwi.

Lithuanian energy supplier Green Genius has secured €9.5 million (US$10.07 million) from investment and insurance company INVL towards building 500MW of renewables projects in Romania.

Ingka Group, the owner of Swedish shopping chain IKEA, has acquired a 300MW solar PV project in Dâmbovița county, Romania.

This week, module manufacturers around the world have announced new manufacturing facilities, and new records for their modules.

US-based independent power producer Enfinity Global has closed €300 million (US$316 million) in equity funding from global alternative asset manager ICG, with another €100 million expected to close within a year.

The agreements cover two solar projects and one onshore wind project as they are the first phase of a 10GW pipeline of renewables projects in Azerbaijan signed in 2022.

Voltalia has published its financial results for the third quarter of this year, which include a turnover of €126.2 million.

PV Tech launched the webinar 'The changing landscape of solar module supply to Europe', examining solar PV module supply to Europe.

The EU has been increasing its cumulative solar capacity over the years and facing several challenges simultaneously, particularly the influx of solar modules this year.