europe

The EBRD has signed a memorandum of understanding with Romania to support the rollout of new renewable power auctions in the country.

EDP Renewables has commissioned a 103MW solar portfolio in Italy, pushing its European solar portfolio over 700MW of operating capacity.

Swiss solar manufacturer Meyer Burger has secured US$39.48 million to support its restructuring operations and “stabilise” its business.

Encavis has commissioned a 114MW solar park in Borrentin, Germany, the largest project in its German portfolio.

The European Commission has launched a €3.4 billion call to support the development of “innovative decarbonisation technologies in Europe".

TotalEnergies has sold a 50% stake in a 2GW US solar and energy storage portfolio and acquired German renewable energy developer VSB Group.

Magdalena Hilgner of PLAY explains that projects that deliver power reliably and at a fair price will always be attractive for offtakers.

As solar panel prices continue their downward trend in November, module prices are expected to face a ‘slight uptick’ in December, according to the latest pv.index report.

Robert Klein, who previously ran the company's Brazilian business, will assume the role from 1st January, 2025.

Serbia has launched its second renewable energy auction, seeking 124.8MW of solar capacity alongside 300MW of wind capacity.