UK-based energy group Octopus Energy’s generation arm has invested in independent power producer (IPP) FF New Energy Ventures (FFNEV) to develop 1.6GW of solar and storage in Spain and Portugal.
Enfinity Global, a renewable energy developer and service provider, has reached financial close on 112MW worth of solar PV projects in Italy, representing €142 million (US$150 million) in VAT and long-term financing.
Trina Solar has said it will challenge a court decision in Germany that found the company has infringed patented technology from rival PV module manufacturer Qcells.
The European Commission (EC) has approved Germany’s modification to its renewables energy scheme, which is designed to help the country achieve its renewable targets.
The head of Enel’s 3Sun Gigafactory says the company is in advanced discussions over ventures further upstream than solar cells to make a robust supply chain in the US and explains the advantages of bifacial HJT and tandem technology to be produced at its planned US manufacturing facility.
The latest round of renewable energy auctions in Poland has allocated approximately 486MW of solar PV capacity and seen just three of a proposed seven auctions settled successfully.
Many of France’s large-scale solar projects have had to be set aside temporarily due to pressures from the energy crisis causing poor access to equipment and a rise in the levelised cost of electricity.
German independent power producer (IPP) ILOS Projects has secured a €500 million (US$531 million) structured finance facility from global energy and infrastructure investor EIG, intended to fund ILOS’s plans for over 2GW of solar and battery storage capacity by 2026.
The EU will introduce shorter permitting times for solar and renewable energy assets in the most recent addition to its REPowerEU scheme, agreed on by the European Council this week.
The EU installed 47% more solar in 2022 than last year and is on track to double its capacity by 2026 to an expected 484GW, according to a report by industry association SolarPower Europe.
