poland

R.Power has issued green bonds worth (€122 million (US$130.6 million) to support the development of new solar and storage projects in Poland.

The EIB has backed a solar plant in Croatia, Sonnedix advanced a project in Poland and Sunrock will build rooftop installations in Germany.

The aid will take the form of direct grants and will be open for companies producing solar panels and batteries among others.

Three new Eastern European countries hit 1GW of solar in 2023, but many are struggling to maintain the tempo after the 2022 energy crisis.

A report from Ember estimates that 39GW of agriPV could be deployed above shade-benefitting crops such as berries.

Axpo will offtake a combined 1,500GWh of solar PV and wind power annually from RWE Renewables Poland’s 628MW capacity project portfolio.

One of the first projects to benefit from Sunly's securing the €300 million debt financing is a 244MW solar PV plant in Estonia.

The UK’s Standard Chartered Bank will provide a €249 million (£213 million) loan for Turkish investment company Kalyon Enerji.

Orlen Wind 3 has acquired a solar portfolio in Poland, where expansion work is currently underway to expand the capacity to 280MW.

Swiss renewable energy investment group GoldenPeaks Capital and German commercial bank Nord/LB have closed €109 million in financing to support two solar PV project portfolios in Poland.