Independent power producer (IPP) Enery Development has formed a 50-50 joint venture (JV) with Romanian oil and gas producer OMV Petrom to build a 400MW solar PV plant in Bulgaria.
Through the joint venture, Italian Renewable Platform, the partnership aims to own, develop, build and operate up to 250MW of renewable energy projects in Italy, including a portfolio of solar PV projects.
The European Bank for Reconstruction and Development (EBRD) has formed a joint venture with German energy company Goldbeck Solar Investment to develop up to 500MW of solar PV in Ukraine.