Swedish solar developer Alight Energy has received a US$150 million investment from DIF Capital Partners to accelerate the deployment of its near-term solar pipeline. The agreement sees the investor take a majority stake in Alight, coupled as it is with a secondary buyout of some existing shareholders.
The European Commission today proposed a temporary emergency regulation to accelerate the deployment of renewable energy in the face of the energy crisis and the knock-on effects of Russia’s invasion of Ukraine.
Rezolv Energy, backed by sustainable infrastructure investor Actis, has acquired rights to a 1,044MW PV plant in western Romania. Actis has said the project is “expected to be the largest solar PV plant in Europe”.
Solar Media’s head of Market Research, Finlay Colville, examines the state of European PV manufacturing and discusses whether the continent’s domestic production will ever rise to sufficient levels to support the energy transition
The European Investment Bank (EIB) will support the RePowerEU scheme with €30 billion (US$29.7 billion) in loans and equity financing over the next five years, as it looks to secure Europe’s renewable energy future and reduce its dependence on Russian gas.
Renewables developer Econergy Renewable Energy has finalised the engineering, procurement and construction (EPC) agreements for 172MW worth of solar PV projects in Romania.
Austrian utility EVN and renewables developer ECOwind are building what they said will be Central Europe’s largest floating PV system in Grafenwörth, Austria.
Independent Power Producer AMPYR Solar Europe (ASE) has acquired Netherlands-based SolarEnergyWorks (SEW) and its 750MWp asset pipeline of ready-to-build and under-development assets
It will be 10 times more expensive to operate gas-fired power plants in Europe than to build new Solar PV capacity in the coming years, according to research by Rystad Energy.
