Solar deployment in Iberia is being held back by planning and permitting and regulations unfit for the emerging energy paradigm and European Commission intervention may be necessary, a panel of investors has concluded.
Norwegian start-up Otovo has secured NOK 300 million (US$33.7 million) through a private placement to support the expansion of its solar marketplace into six new European countries.
The European Investment Bank (EIB) will support the addition of 430MW of solar PV and wind in Spain and Portugal through a €100 million (US$114 million) financing deal.
Oil and gas company Galp has secured loans from the European Investment Bank (EIB) to support the construction of more than 2.1GWp of solar projects across Spain and Portugal.
The Portuguese Renewable Energy Association (APREN) and the Portuguese Association for the Photovoltaic Industry (APESF) have joined forces to represent Portugal's PV sector.
Supply disruptions in the coal and gas sectors have contributed to record electricity costs across Europe, leading to calls for more support for renewables generation to mitigate future price rises.
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.
Floating solar may be more commonly associated with Asia’s solar market, however the asset class is proving itself to be of significant potential throughout Europe, as evidenced by projects in the Netherlands, Germany and the UK. Exclusive to PV Tech Premium subscribers, we brought together industry stakeholders to discuss the size of the FPV opportunity.
