Russian wholesale electricity market administrator JSC ATS has allocated 775MW of solar PV in the country’s eighth auction round for largescale renewables, which had an average price of ₽5.18/kWh (US$0.071/kWh)
The government of Serbia has signed an agreement with US company UGT Renewables to cooperate on the construction of solar and energy storage projects in the Balkan country.
The European Commission has approved Lithuania’s recovery plan, which included a €242 million investment in renewable energy under the EU’s Recovery and Resilience Facility (RRF).
Seraphim Solar has become the latest mainstream module manufacturer to take aim at the Central Europe solar market, signing distribution agreements with a distributor and installer in the region.
Photon Energy has reached more than 420MWp of PV projects under development, as the Netherlands-based renewables company weathered the impacts of COVID-19 on its financial performance last year.
Renewables developer and distributor BayWa r.e. will open new offices and a warehouse in Poland to improve its services for PV installers in the country.
Poland’s largest utility plans to develop 3GW of solar PV over the next ten years as it looks to ramp up decarbonisation efforts and become carbon neutral by 2050.
Central and southeastern European countries could cost-effectively cover more than one-third (34%) of their energy demand with renewables within ten years, a new report by the International Renewable Energy Agency (IRENA) finds.
