Europe

German independent power producer (IPP) Encavis has signed an offtake deal with LyondellBasell for 208MW worth of solar PV power generation.

The European Commission has approved a €1 billion (US$1.1 billion) Greek state aid measure to support two solar-plus-storage projects.

Greek renewables developer Mytilineos has signed a 210MW solar PV long-term power purchase agreement (PPA) with packaging manufacturer Karatzis in Greece.

Voltalia has reported earnings before interest, taxation, depreciation and amortisation (EBITDA) of €241.1 million (US$259 million) in 2023.

Kiwa Group has integrated three subsidiaries, PV Evolution Labs (PVEL), PI Berlin and Extel Energy, into one brand.

Gareth Simkins examines the winning projects of AR5 and looks ahead to assess how solar is likely to fare in future rounds.

Swedish manufacturer Nordcell has revealed plans to build a 1.2GW module manufacturing plant in northern Sweden.

Since 2023, the main concern facing solar PV project developers in Europe has shifted from supply and module pricing to inadequate grid availability, as reflected in a number of discussions at the Large Scale Solar Europe 2024 conference in Lisbon this week.

Despite an awareness of the benefits that co-located storage and solar can offer, the commercial model for such sites has yet to materialise.

The Renewables Obligation (RO) has incentivised UK clean electricity generation since 2002 through Renewables Obligation Certificates (ROCs).