Europe

The European Bank for Reconstruction and Development (EBRD) has invested €100 million to into Taaleri Energia's renewables fund SolarWind III.

The European Commission (EC) has approved a €2.9 billion (US$3.2 billion) French aid scheme supporting investment in green industries.

Iberdrola says that of the agreed amount €170 million has already been committed to finance onshore wind projects in Poland.

GreenIT, an Italian joint venture by oil group Eni and state lender Cassa Depositi e Prestiti (CDP) Equity, has signed an agreement with renewables developer Galileo to build 140MW of solar PV in Italy.

Chinese solar tracker manufacturer Arctech has expanded its business to Turkey by forming a partnership with Alpon Energy, a solar company specialised in solar trackers, as well as EPC works.

Wind energy supplied 25% of the consumption in Portugal, followed by hydropower (23%), solar PV (7%), and biomass (6%).

Spanish oil major Repsol has started producing electricity on its 204MW solar PV project Sigma in the southern Spanish region of Andalusia.

Renewables investment firm Copenhagen Infrastructure Partners (CIP) has acquired an 850MW solar PV portfolio from Spanish developer Soltec in Denmark.

AI-based monitoring systems can help PV plant operators understand and manage the impacts of extreme conditions in a multitude of ways. George Heynes looks at some of the ways AI is being harnessed to bolster system output and longevity.

The European Investment Bank (EIB) has committed €400 million (US$437 million) to support the solar and battery storage development plans of Greek renewables developer Mytilineos.