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Under a new set of PPAs, Statkraft will purchase power from Better Energy’s Krapkowice solar power plant for ten years.

The European Bank for Reconstruction and Development (EBRD) has backed a €25 million (US$27 million) investment into a 112.5MW solar PV project in north-eastern Bulgaria.

German utility RWE has been awarded a Contracts for Difference (CfD) for 66MW of solar PV plants in Poland.

Cable-pooling was a hot-topic at this year’s Large Scale Solar Central Eastern Europe conference (14-15 November 2023), with the new amendment discussed on multiple panels as the Polish energy sector expressed their excitement for the opportunities it would offer solar.

Poland boasted 18GW of solar PV projects with grid connection approvals issued as of the end of the third quarter of 2023, according to Polish research group Institute for Renewable Energy (IEO).

Nexun, a portfolio company of infrastructure investor Marguerite, has signed a co-development agreement with an unnamed Polish developer for 206MW of solar PV.

Renewables developer European Energy is to build a 65MW solar PV farm in the municipality of Anyksciai, Lithuania.

Polish renewables developer PAD RES has secured PLN240 million (US$58.7 million) in financing for the construction of 117MW PV plants in Poland.

Renewables developer European Energy will build a 115MW solar PV project in Latvia, which it says will be one of the largest projects in the country.

Israeli solar inverter manufacturer SolarEdge posted strong financial results for the second quarter of 2023 with record revenues from the solar segment of US$947.4 million.