europe

Europe’s main barrier to decarbonising its power supply by 2045 is its aging grid infrastructure, 40% of which is over 40 years old, according to a new report by European electricity industry body Eurelectric.

Q Energy will begin construction on a floating solar project in north-eastern France this month, which will have a capacity of 74.3MW.

CTP has secured a €200 million loan from the European Investment Bank to support its deployment of solar modules.

The European Parliament has voted to accelerate the adoption of renewable power generation on the continent.

SolarPower Europe has warned of the “deeply precarious” impacts of collapsing costs in the global solar sector.

Qualitas Energy has raised €280 million in funding to refinance debts at the Mula PV plant in the Spanish region of Murcia.

TeraPlast has received €1.1 million from the EU via the national government to build a 4.56MWp PV plant in northern Romania.

EDP Renewables plans to begin commercial operations at a new 45MW solar project in Poland using existing renewable grid infrastructure.

Meyer Burger has published its financial results for H1 2023, reporting strong production figures, but losses of US$49.4 million