Europe

Cubico Sustainable Investments has closed the financing for two solar projects in Portugal totalling 29.4MW.

China-based PV firm ReneSola has secured a €13.4 million bridge financing agreement with Eiffel Energy Transition Fund for solar projects including 41.3MW in Hungary and 55MW in Poland.

The corporate power purchase agreement (PPA) market is currently struggling from a “large gulf” in understanding that standardised contracts could solve, but the industry is still a “long way off” from introducing them.

Chinese inverter manufacturer Growatt has opened its fifth hub in Europe as it continues to target overseas markets.

The continued growth of the secondary solar market on a pan-European scale will result in “exciting times” for the sector, but big utilities are unlikely to stay on the sidelines.

Corporate power purchase agreements (PPAs) for renewable energy swelled to 13.4GW in 2018, according to Bloomberg New Energy Finance (BNEF).

PassivSystems' smart energy management system has been selected for Oman’s 1GW residential solar rollout.

A summary of solar news from across Europe including a rapid-fire install in Estonia.

The UK has a large-scale post-subsidy solar pipeline of more than 3.3GW, according to exclusive data from Solar Media’s in-house market research team.

Major PV inverter manufacturer SMA Solar Technology has reported preliminary 2018 financial figures that only met the low-point of revised guidance issued in November, 2018.