Europe

Greenvolt and Reel have signed a partnership to deliver balancing and optimisation services for the Høegholm solar-plus-storage project.

Solar racking producer Schletter Group has completed construction on a 96MWp solar PV project in northern Italy.

Virya Energy has secured US$99 million (€85 million) in equity from EBRD to acquire and scale a portfolio of solar PV projects in Poland.

Spanish utility Endesa has started commercial operations at a 131MW solar PV portfolio in its home country.

Co-located storage has been “overhyped” as a prop for commercially underperforming solar assets in Europe and should not be regarded as a “silver bullet”.

Europe’s somewhat delicate position in global solar means it is uniquely-positioned to take advantage of global supply chain uncertainties.

Increased renewable energy penetration in Europe's leading clean energy markets will lead to more fluctuations in power prices.

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.