Europe

Many of the mechanisms used to manage the finances of the solar sector have not kept pace with the rate of capacity additions.

The capacity is spread across three commissioned projects: the 40MWp Greenberry, 40MW Fontenet 3 and the 47MW Amance projects.

Fraunhofer ISE research suggests that the average monocrystalline silicon PV module’s power output was 1.2% lower than its nominal capacity.

Construction is slated to begin in Q1 2026 for the solar and energy storage portions and Q3 2026 for the wind assets, Voltalia said.

Estonian IPP Sunly has secured a €62 million (US$68 million) loan to build and operate the Baltics 'largest' PV plant.

The company said it would supply "one of the largest tech companies in the US" with roughly 2.9GWh of solar power from 2026 through 2040.

German IPP Enerparc has secured a €266 million financing package for the construction and operation of a 400MW solar PV portfolio in Germany.

The European Commission has launched a consultation seeking feedback on the State aid Framework accompanying the Clean Industrial Deal.

Velto Renewables and Q Energy have announced plans to develop over 500MW of renewable energy capacity in Europe.

The ninth auction for rooftop solar PV awarded 54 projects with an average price of €98.2/MWh, a slight decrease from the previous tender.