Europe

Renewables produce 39% of electricity in Central and Eastern Europe last year, according to a study from energy think tank Ember.

Rooftop solar grew by 54% year-on-year in 2023 in Europe but a clear roadmap or strategy are essential for future growth in the sector.

Poland's cumulative installed solar PV capacity surpassed 17GW as of the end of 2023, according to Polish research group IEO.

Swiss-owned solar manufacturer Meyer Burger has raised CHF206.75 million (US$228 million) following the closure of its rights offering.

The European Commission has launched investigations into two Chinese consortia over their bids for involvement in a Romanian solar project.

Solar developer Recurrent Energy has secured a €110 million (US$119 million)multi-currency finance facility to support the development of its global solar PV and energy storage project pipeline.

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.