europe

Plenitude, the renewables subsidiary of oil company Eni, has announced the acquisition of fellow Italian renewable energy company PLT and its assets.

The government of the Netherlands announced a €130/MWh (US$136) profit ceiling for solar and wind generation this week as part of the EU’s established ‘intramarginal levy’ scheme to curb excessive energy profits due to rising costs.

Chinese PV manufacturer Talesun has linked itself with global industrial services company MEM Group to develop a PV module production line in Turkey. The partnership will target 1GW of annual production by Q2 2023.

Ukrainian energy company DTEK has said it is ready to restart operations at the 10MW Tryfonivska solar power plant in the liberated Kherson region.

France-headquartered renewables provider Voltalia has signed a 350MW, 15-year solar power purchase agreement (PPA) with Renault Group.

Europe will benefit from a new research and innovation (R&I) project intended to advance the continent’s tandem solar PV cell manufacturing and production capabilities, focusing on tandem silicon-perovskite cells.

Prescinto, a renewable energy asset performance management (APM) platform, has entered into a partnership with Greek solar developer SunSolarWind IKE to apply its APM software to 70MW of solar PV projects.

Renewables developer Low Carbon has started building four solar farms in the Netherlands totalling 53.1MWp, with Belectric serving as engineering, procurement and construction (EPC) provider.

RWE, the German renewable energy developer, will offer profit returns to municipalities where one of their wind or solar farms is located as part of an expansion of the German Renewable Energies Act (EEG).

Renewables developer Econergy and French financier RGREEN INVEST have expanded their financial partnership with an additional €250 million (US$259 million) of project-specific investment.