poland

Utility and renewables developer Ignitis Group is bolstering its position in Poland through the acquisitions of companies that are currently developing solar projects with a combined capacity of up to 80MW in the country.

Poland is set to hold a series of renewables auctions before the end of the year, including the country’s first that will support hybrid projects.

Lightsource bp has announced its entry into Poland’s solar market through a co-development deal which will see the developer proceed with a 757MWp pipeline in the country.

Perovskite-based PV manufacturer Saule Technologies said its cells have achieved a 25.5% efficiency for internet of things (IoT) applications.

Polish solar developer R.Power is tendering for PV modules, structures and other components worth nearly €200 million (US$231 million) as it seeks to build its solar pipeline in Poland.

Polish renewables developer PAD-RES is to be acquired by a joint venture established by real estate investor Kajima and private equity firm Griffin Real Estate.

Polish developer R.Power has entered the Romania solar market through a partnership with an unnamed renewable energy company that will see the two develop a solar portfolio totalling 100MW

Blackfinch Renewable European Income Trust (BRET) has announced its intent to raise up to £300 million (US$412 million) via a float to invest in renewable energy projects across Europe.

Solar PV plants generated 10% of the EU-27’s electricity demand during June and July this year, new analysis by energy thinktank Ember has found.

Solar’s dominance in recent renewables auctions in Poland has further reinforced the promising outlook for the market, with developers and analysts welcoming support provided for the construction of smaller projects.