europe

The developing post-subsidy solar market in Europe has taken another step forward with the news that UK-based investor Octopus has extended five power purchase agreements in Italy with renewable energy trader EGO Group.

Sonnedix and Allianz Global Investors have bought a 41MW solar park from BayWa r.e. in the French commune of Hourtin, northwest of Bordeaux.

Plans for Little Crow Solar Farm in the UK have edged closer this week on the back of developer INRG revising upwards the site’s planned capacity.

Oil major Shell has signed a power purchase agreement (PPA) for a 70.5MW portfolio of unsubsidised solar projects in Italy.

Prolific solar developer Lightsource BP is to deploy more than 300MW of utility-scale solar farms backed by power purchase agreements in the UK.

Solaria, the only solar PV power producer trading in the Spanish Stock Exchange, has signed off on a seven-year, power purchase agreement with Spanish oil company Repsol for a contracted power of 50MW.

ReneSola has been awarded 26 PV projects in Poland with capacity of 1 MW for each installation.

Inverter manufacturer GoodWe has reorganised its operations in Europe with an independent German subsidiary established in Munich.

Finlay Colville, head of market research at Solar Media, details precisely how the UK’s post-subsidy solar pipeline has soared to just shy of 3GW, while simultaneously forecasting something of a revival for UK solar in 2019 with 500MW to be developed.

ReneSola entered into a letter of intent (LOI) to sell its 55MW of solar projects in Poland to Chroma Impact Investment, a global investor in renewable energy that focuses on large-scale solar, B2B and storage projects.