europe

Renewable energy investment platform Nexwell Power has acquired a 248MWp solar PV portfolio from energy service provider Q Energy in Spain.

Norwegian energy company Statkraft has narrowed down its focus on fewer markets and technologies as it targets to reduce its expenses by NOK2.9 billion (US$290 million) annually by 2027.

Boralex is driving organic growth across Canada, the US, France, and the UK, fueled by a project pipeline totalling 8GW.

Aesolar and Fraunhofer CSP are developing segmented solar modules optimised for rooftops with partial shading.

Blue Elephant Energy has received a €200 million (US$214 million) investment from European asset management company Infranity.

The European PPA space could see more tailored PPAs and hybrid deals, according to experts at the Renewables Procurement & Revenue summit.

At this year’s Intersolar Europe event, held in Munich, Germany, Solavita launched a new hybrid inverter for the C&I sectors.

Buyers in the European solar sector remain positive about the future of the industry, despite fluctuations in solar module prices.

The industry must adopt better approaches to component management, to make more accurate energy yield predictions and optimise PV performance.

Sonnedix has signed a power purchase agreement (PPA) with Renfe to supply 420GWh of renewable energy annually for its commercial operations.