Europe

Portuguese oil and gas company Galp has acquired the 24.99% it did not already own in Titan, a solar joint venture it created with Spanish engineering company ACS Group in 2020.

Solar manufacturer Qcells has acquired a majority stake in German energy technology business Lynqtech.

Solar module manufacturer Seraphim Energy Group has agreed to supply 1GW of PV modules to European energy company Resolar for it EU operations.

Nearly 40GW of solar PV will be rolled out across Europe by the end of the year, according to SolarPower Europe (SPE), as the continent scrambles to deploy renewables and wean itself off Russian gas.

French renewables company Voltalia’s Q2 revenues were up 26% year-on-year to €111 million (US$113 million) as its project development, construction and equipment procurement segment continued to grow.

RWE and floating solar company SolarDuck have partnered to explore the commercialisation of SolarDuck’s offshore floating solar PV (FPV) technology by trailing its potential in harsh environments in the North Sea.

Following the implementation of the US’ Uyghur Forced Labor Prevention Act (UFLPA) on 21 June, the EU has come under increasing pressure to enact similar measures, with upcoming legislation potentially holding big implications for the region’s solar sector.

Silicon metal provider Elkem has posted a seventh consecutive quarter of climbing earnings, resulting in a record performance in Q2 2022.

Shell and Engie are among the companies leading a consortium established to develop a green hydrogen ecosystem in Europe.

Germany generated a record amount of power from solar PV on Sunday, with this expected to be repeated over the coming days amid a fierce heatwave across western Europe, according to Bloomberg.