Portuguese renewable energy developer, EDP Renováveis (EDPR), has secured €30 million (US$41 million) in project finance for 50MW of Romanian PV, despite recent cuts to the county's solar incentives.
Komax Group has taken its first step away from the solar industry, selling its 51% stake in joint venture (JV) company Komax Jinchen to its Chinese JV partner, Yingkou Jinchen.
Ukraine’s ministry of energy and coal industry has announced Crimea’s solar power projects are to stop receiving payments under the country’s feed-in tariff.
The minimum price for Chinese PV modules imported into the EU free of tariffs is set to be cut from €0.56 (US$0.77) to €0.53/Watt (US$0.73), according to reports in China.
The European Council is expected to approve an October deadline to decide its 2030 climate change and energy policy, according to a leaked draft of the meeting's conclusion.
Italy’s electricity transmission system operator has awarded a tender to Younicos, Samsung SDI and Italian renewable energy producer Green Utility to provide 1MW/1MWh of battery storage aimed at stabilising Sardinia's electrical grid.
Wacker Chemie has agreed a minimum pricing deal with China’s Ministry of Commerce (MOFCOM) that will allow the chemical producer to continue exporting polysilicon made at its plants in Europe to China.