europe

Greenvolt Power has sold two renewable power projects to Polish electric utility Energa Wytwarzanie, with a total solar capacity of 32MW.

On Wednesday 19 July, The European Parliament (EP) has approved by 55 votes in favour and 15 against reforming the EU Electricity Market Design.

There are currently over 40GW of Chinese-made solar modules in storage across Europe with a cumulative value of around €7 billion (US$7.8 billion), according to data from research firm Rystad Energy.

The European Investment Bank will loan €300 million to Banco Santander (Brasil) to build 600MWp of small-scale solar in Brazil.

The European Investment Bank has announced plans to increase its funding for its REPowerEU project by €15 billion.

French renewable power company Akuo Energy has started construction at its 180MWp Santas solar PV facility in Portugal.

Danish renewables investment manager Copenhagen Infrastructure Partners (CIP) has closed €5.6 billion (US$6.1 billion) in capital commitments in the first round of its latest renewables fund.

Spanish electric utility Iberdrola has issued €850 million (US$932 million) in green bonds to investors, to support the development of new renewable projects around the world.

UK-headquartered solar developer ib vogt has agreed to sell a 98.4MWp Italian solar portfolio to French renewable company Rubis Photosol.

The world is increasing its installed solar PV capacity as 1TW will be added annually by 2030, while the annual polysilicon and wafer production capacity will continue to rise, according to the report Powering a Green Future: A Forecast to 2030 for Solar, Wind, and Energy Storage published by Taiwanese renewables research firm InfoLink Consulting.