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Volatile gas markets are sharpening the case for hybrid solar projects in Greece

Greece – battery profitability climbs amid gas market volatility

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Elevated wholesale prices and wider intraday spreads are lifting near-term battery returns to as much as 12 percent in Greece, with two-hour batteries entering in 2027 outperforming 2030-vintage projects by around two points.

Self-consumption in Croatia is attractive in theory but cumbersome in practice

Croatia's energy regulator sets out self-consumption reform agenda

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HERA's new framework paper identifies the obstacles preventing citizens and businesses from generating their own electricity and sets deadlines for regulatory, technical and administrative fixes through 2027.

Emaldo's commercial battery cabinets, now with a route into the Dutch trading markets

Netherlands – battery optimisation tie-up takes on grid congestion

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Emaldo has teamed up with Eddy Grid to give its Dutch commercial customers access to energy trading across multiple electricity markets, with expansion into Belgium and Germany under consideration.

Unlike Troia in Puglia, pictured here, the Vizzini plant will keep the land in agricultural use

Sheep, solar and €234 million financing for Sicily's agri-PV giant

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Four international banks are backing European Energy's 225 MW Vizzini plant, which combines utility-scale generation with animal grazing, positioning agrivoltaics as a bankable asset class in Italy.

Solar collected at altitude, logistics conducted at ground level at Lombard Shipping

UK – 118 MWh rooftop PV backs EV fleet at Lombard Shipping

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The logistics provider is combining PV, storage and EV charging at its main distribution site, targeting a 50 percent reduction in electricity costs while meeting growing operational needs.

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What is photovoltaics?

Photovoltaics (PV) refers to the generation of electrical energy from sunlight. At the heart of this process are the solar-active semiconductors known as solar cells, which capture sunlight and convert it directly into electricity.

From a technical standpoint, a PV system or solar installation functions as a generator. Here, individual solar cells are combined into a solar module, which is protected from the elements. These modules are then assembled into a larger solar generator, which can be mounted on rooftopsfaçadesopen ground or specially designed structures. The electricity generated is direct current (DC), which is converted into alternating current (AC) by an inverter. This AC power can be used directly on site or fed into the public grid via the building’s connection. The electricity is typically supplied to the local utility or grid operator.

Larger PV systems installed on open land are often called solar parks. These feed power into the grid via dedicated transformers and switchgear. In many countries special Acts and regulations govern remuneration for solar power, whether via feed-in tariffs or market premiums for direct sales to third parties.

Self-consumption can be increased by using solar power for heating waterroom heating, air conditioning or refrigeration. Battery storage systems help by storing surplus solar electricity for later use. These so-called solar batteries improve system reliability, especially when solar output dips.

Not all incoming sunlight is converted into electricity. The conversion rate depends on the intensity and wavelength of the incoming light spectrum. This ratio between usable electrical output and the maximum available solar radiation is known as efficiency.

The performance of a solar generator or storage system is defined by its output. When multiplied by the number of sunshine hours, this gives the solar yield – the amount of electricity generated per day, month or year. In addition to charging and discharging power, solar batteries are also rated by their capacity, or the amount of energy they can store. Power is measured in kilowatts (kW) or megawatts (MW), while energy and yield are expressed in kilowatt-hours (kWh) or megawatt-hours (MWh). (HS)