The Bulgarian Ministry of Energy and the European Bank for Reconstruction and Development (EBRD) have signed two agreements for the development of renewables in the country.
Panellists during last month’s Large Scale Solar Europe event, hosted by PV Tech publisher Solar Media in Lisbon, discussed the issue of grid modernisation in Europe and how it affects the growth of solar PV across several European Union members.
Eastern European solar markets face a familiar foe in grid constraints, especially with high voltage network capacity, but high energy prices are creating potential for merchant projects in the region.
Czech utility company CEZ has signed off on the sale of its remaining companies in Bulgaria to Inercom Bulgaria, with the signing process expected in the coming days.
There is a need for a pan-European investor-state dispute settlement mechanism, to give the solar industry a unified legal body to help it fight retroactive cuts and other policy U-turns across the continent, according to a European trade group.
