Europe

UK-based energy group Octopus Energy has raised US$550 million to invest in renewables-enabling technologies and solutions.

PV Tech speaks to Growatt's Lisa Zhang about how the company's product suite has adapted to the shifting home energy market dynamic.

Renewables developer Ørsted has entered into an agreement with German developer Ostwind to acquire 100% of its equity interest.

The European Investment Bank and Iberdrola have signed a €550 million green loan to boost solar PV and wind projects in Spain.

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.