Europe

The European Commission has announced two acts to help define renewable hydrogen in the EU.

Grenergy has purchased the remaining stake of 60% in UK solar energy facility developer Sofos Harbert to strengthen its business in the US.

Israel-headquartered smart energy technology company SolarEdge's yearly net income in 2022 dropped by 45%, despite the total revenue increasing by 58% year-on-year. 

The renewable energy arm of power generation group Enel has signed a financing agreement with banking group UniCredit to finance the expansion of a solar panel factory in Catania, Sicily.

Independent power producer (IPP) R.Power has raised €150 million (US$160.4 million) from the Three Seas Initiative Investment Fund (3SIIF) to continue its long-term growth strategy.

Swedish state-owned utility Vattenfall has invested in a 76MW agrivoltaics project in the northeastern municipality of Tützpatz, Germany.

A round-up of the latest PV project news from the US and Europe, including two announcements in Spain, the inauguration of a pair of Hungarian PV plants and operations beginning at an installation in Colorado from Lightsource bp.

Solar PV module manufacturer Trina Solar has signed a multi-year module supply framework agreement with renewable energy company Low Carbon.

Public institutions and private companies bought a record number of renewable energy last year, according to BloombergNEF’s (BNEF) 1H 2023 Corporate Energy Market Outlook.