europe

Zelestra has acquired a majority stake in German independent power producer (IPP) East Energy GmbH from CropEnergies.

The EBRD has committed €100 million to Lithuanian renewable power developer Green Genius, to expand its work in Europe until 2029.

Europe’s solar sector exceeded 800,000 full-time equivalent jobs for the first time in 2023, following record-breaking installation figures.

BayWa has published its financial results for the first half of the year, which include total revenues of €10.7 billion (US$11.9 billion).

Meyer Burger has published its preliminary results for H1 2024, which include module sales of CHF43.4 million (US$51.5 million).

Reducing volatility impacts, managing cannibalisation and investing in grids will help solar energy cement its role in global energy systems.

SMA Solar has announced plans to conduct a 'company-wide restructuring' due to the impacts of what it calls a 'volatile' market environment.

Last week, Better Energy postponed the deployment of a 3GW solar PV portfolio in Denmark, blaming “lagging” demand for renewable power.

Chinese module manufacturer JA Solar has inked a 1GW solar PV module distribution agreement with Australia’s One Stop Warehouse (OSW), covering the European, US and Asia-Pacific markets.

Axpo has started operations at the largest rooftop solar project in France, an industrial facility with a power generation capacity of 12.8MW.