Europe

Polish IPP R.Power has raised US$50.7 million (€43 million) in finance to support the development of a 70.5MW solar PV portfolio in Poland.

Developer FRV is to hybridise a swathe of its Spanish PV fleet with batteries as part of a wider storage push in the country.

Fortis Energy has signed a mandate letter with the EBRD to explore financing for a 270MW solar-plus-storage project in Serbia.

SolarPower Europe has released two new technical due diligence reports for utility-scale hybrid solar PV and battery energy storage system (BESS) projects.

Statkraft and 3E analysed 64 utility-scale PV plants, representing 2.1GWp DC capacity, with datasets spanning six months to five years.

Israel-headquartered inverter producer SolarEdge has reported revenue of US$1.1 billion in 2025, while reducing its net loss from the previous year.

Making investment decisions based on an entire renewable energy portfolio, rather than the merits of an individual project, is now the norm.

Octopus Energy has announced an investment of 'nearly' US$1 billion into Californian clean energy, including a solar-plus-storage project.

Data collection and analysis in solar PV installations is increasingly sophisticated, particularly relating to grid interaction and weather forecasting.

'Advanced forecasting tools are already improving solar and demand predictions by over 30%,' writes Schneider Electric's Frédéric Godemel.