Solar investors believe that Europe can be a competitive market for PV manufacturing and compete with the US Inflation Reduction Act (IRA), as ESG and energy security concerns will drive money to the continent.
The European Commission has released its Green Deal Industrial Plan based upon four pillars aimed to scale up a domestic manufacturing capacity for net-zero technologies.
Energy risk management company and assurance provider DNV has acquired Australian solar data specialist Solcast to strengthen its solar forecasting services.
Solar electricity generation in the EU grew significantly last year thanks to a rise in adoption in major countries, according to a study conducted by energy think tank Ember.
Polish renewable energy investor Lewandpol Group has secured a loan agreement worth zł 90 million (US$20.7 million) for a 200MW solar and wind energy project in the country.
Spanish utility Iberdrola has received environmental approval for the construction of Europe’s largest solar PV plant in Portugal, with a capacity of 1.2GW.
Energy giant Statkraft has received environmental permits for the construction of 613MW of solar PV projects in the Spanish regions of Murcia and León.
