Europe

Danish developer Better Energy and pension fund Industriens Pension have expanded their partnership with a further investment of €800 million in solar parks across Northern Europe.

Renewables supplied 88% of electricity consumption in Portugal last month but PV only accounted for 4%.

The Ministry of Ecological Transition (MITECO) in Spain has authorised 132 solar PV projects across the country with a total capacity of 24.8GW.

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.

Tech giant Amazon has added 8.3GW of renewable energy capacity in 2022 globally, across 133 new projects in 11 countries.

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. 

Finlay Colville, head of research at PV Tech, reveals the top 10 module suppliers of 2022 and discusses what to expect from each of them this year.

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.