europe

Verbund has acquired a 110MV solar portfolio in Lazio, central Italy, from Ke-Reninvestment, a subsidiary of Turkish investor Kinesis Enerji.

Encavis has secured €145 million in financing to complete the construction of the 260MW Bartow solar park in Germany.

Floating PV's carbon footprint could be around seven times lower than ground-mounted solar systems, according to a TNO-IEA report.

Solar and wind power accounted for 30% of the EU’s electricity generation in H1 2024, exceeding the contribution of fossil fuels.

Global power platform Nala Renewables has acquired a 34MW PV portfolio in Lithuania from Lithuanian renewable power developer Green Genius.

Fortis Energy has acquired a 180MWac solar project in Serbia, with plans to add a battery energy storage system (BESS) to the facility.

PV Tech Premium reports on the barriers now facing European solar, from changing political winds to lagging grid modernisation efforts.

The land in question excludes natural reserves and high-value agricultural areas under “strict agricultural, environmental and technical criteria for hosting onshore wind and solar projects.”

Voltalia has expanded its clean energy portfolio by 15% in the second quarter of 2024, driving a 42% growth in turnover.

Pexapark's latest report notes a 1.5% decline in the average price of a PPA signed in Europe from the end of May to the end of June.