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Renewables produce 39% of electricity in Central and Eastern Europe last year, according to a study from energy think tank Ember.

MoU signed between Hamburg-based companies will see both jointly operate large-scale photovoltaic plants in Germany without subsidies.

EBRD to help country tender 25MW of PV and 80MW of wind in 2019 and 2020 even as global experts argue 4.5GW of solar is possible if economics improve.