europe

The replacement of decommissioned solar projects will account for 23% of new capacity additions by the 2040s, according to Wood Mackenzie.

This week's PV Chart of the Week looks at the breakdown in forecast global inverter shipments from European-headquartered manufacturers.

MITECO has launched consultations to allocate up to 11GW of grid capacity to renewable energy and storage projects.

Nadara has started commercial operations at the Big Fish agrivoltaics (agriPV) project in Italy, the largest agriPV project in the country.

Global alternative asset manager Blackstone Infrastructure has completed the acquisition of a 24.7% stake in Danish IPP Eurowind Energy.

SMA has opened a new Gigawatt Factory in Niestetal, Germany, expanding its manufacturing capacity for utility-scale energy technologies.

This week's PV Chart of the Week looks at the breakdown in forecast global PV module shipments by country/region.

German IPP Encavis has closed a financing package for a 351MW solar PV portfolio in Italy.

Spain has announced plans to create a capacity market for the national electricity system in order to secure 'security of supply'.

Zelestra has signed a PPA with German steel manufacturer Salzgitter Flachstahl for a new solar-plus-storage portfolio in Germany.