Europe

Danish developer European Energy has secured €96.5 million (US$113.59 million) in funding for Italy’s largest solar park.

Global corporate funding for solar projects in the first half of 2020 was US$4.5 billion, a 25% drop year-over-year, according to a report from Mercom Capital Group.

Portugal’s environment minister has revealed a solar tender due to take place in the country at the end of the month is ten times oversubscribed.

BayWa r.e. expects to conclude the majority of a 1GW+ pipeline of solar sales towards the end of this year after it highlighted the role solar played in its H1 2020 results.

Module manufacturer Znshine Solar has clinched a 33.28MW supply contract which will contribute towards the development of a utility-scale solar plant in the Ukraine.

Solar projects have scooped nearly 800MW of contracts from Ireland’s first Renewable Energy Support Scheme (RESS), smashing all expectations.

BP has set its sights on amassing a 50GW renewables portfolio by 2030 as it lays out its strategy to become a net zero company.

SolarEdge has lauded its global strength as strong sales in Europe and Australia helped offset a decline in the US in the second quarter of the year.

A round-up of the latest news from Europe’s solar market, as European Energy sells off Denmark’s first solar farm built using bifacial panels and both RWE and Octopus snap up French solar assets.

The Fraunhofer Institute for Solar Energy Systems ISE has received €740,000 (US$866,429) in financing to explore land use conflicts between solar farms and agricultural land.