europe

Financing for the solar sector grew 55% in the first nine months of 2023 compared with the equivalent period last year.

Tokyu Land and Renewable Japan have agreed to own and operate 1GW of renewable capacity in southern Europe.

The EU will now meet 42.5% of its energy demand with renewables by 2030, up from the 40% originally included in the REPowerEU scheme.

KGAL has signed a ten-year power purchase agreement with Edison to sell power generated from the former’s 150MW Tuscania solar project in Italy.

Voltalia has published its financial results for the first half of 2023, which include a 44% growth in turnover in energy sales.

The German government is considering the possibility of imposing trade barriers on Chinese-imported solar modules and components to Europe, according to Reuters.

Soltec has published its financial results for the first half of the year, in which the company posted revenues of €184.5 million.

A SolarPower Europe report has found that the sector’s workforce grew from around 466,000 to over 648,000 jobs between 2021 and 2022.

UK-headquartered renewables developer Ethical Power has entered the Italian solar PV market with plans for a 250MW project pipeline and a new country manager, Francesca Cavallini.

Vattenfall has started construction at its 79MW Tützpatz agrivoltaic project, which will be Germany's largest agrivoltaic project.