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A new report from the International Renewable Energy Agency (IRENA) finds 91 percent of new renewables in 2023 were cheaper than fossil fuel power, but warns of mounting financing and integration barriers, particularly in emerging markets.
The agreement enables stable marketing of 462 MW of solar power, providing long-term revenue certainty for British Solar Renewables and boosting investor confidence in the volatile UK energy market.
Negative electricity prices are putting pressure on the PPA business model, but smart combinations with storage and co-location can offer a way forward.
The two companies have signed a short-term power purchase agreement (PPA) for the electricity from two EDF solar power plants in the Viotia region.
Q Energy has reached debt financial close on its 74.3 MW floating solar project “Les Ilots Blandin”, securing €50.4 million in financing from Crédit Agricole Transitions & Energies through its financing arm Unifergie, and Bpifrance.
SolarPower Europe has welcomed the European Commission’s draft for the next 7-year EU budget, but says key elements still need improvement.
A new coalition of energy community advocates is urging EU institutions to allocate dedicated funding in the next Multiannual Financial Framework to accelerate citizen-led renewables.
The portfolio comprises 92 solar systems for industrial and commercial use, with many installed as solar car park roofs in northern France.
IEA forecasts a record $3.3 trillion in global energy investment for 2025, with clean technologies drawing twice as much capital as fossil fuels despite ongoing geopolitical and economic headwinds.
Installers in the UK and Germany can look forward to new financing options for solar and storage through a collaboration between distributor Segen and BNP Paribas, with a view to a wider European rollout
A 2.2 MW solar park in northern Serbia is being financed through an innovative digital token model by SunCarlito Beta, with tokens available until 9 July.
The updated European Long Term Investment Fund regulation broadens access to solar projects for institutional and private investors, while PPAs now offer returns independent of public subsidies.
Global energy major EDP generates over 41 terawatt hours of renewable energy each year. Around a fifth of supply contracts serve data centres – a sector with a steadily growing appetite for electricity.
The European Commission has adopted the NZIA Secondary Legislation, outlining how Member States should factor in sustainability and resilience in renewable energy auctions.
Market players and policy-makers agree: To ensure a robust expansion of renewables, there must be more private-sector market mechanisms. The goal: fewer tenders and feed-in tariffs, and more direct power purchase agreements between electricity suppliers and consumers.
In order to ensure the robust expansion of solar energy in the future, more private market mechanisms must and will be created. Power Purchase Agreements play a decisive role in this. Find out more in next week's focus.
The Dutch company needs the growth capital to advance the repair and reuse of lithium-ion batteries in Europe. A new site is set to open in Poland this year.
France-based private equity firm Ardian has reached an agreement to acquire Akuo, an independent power producer specialising in renewable energy.
Agrivoltaics combines solar power and agriculture, offering genuinely niche opportunities. Nevertheless, it won't replace traditional solar parks, says Carsten Bovenschen, CEO of Juwi.
The energy groups helping drive Greece’s energy transition through the joint venture Meton Energy S.A. are now at the final investment decision stage for two large-scale PV projects in Central Macedonia, Northern Greece.
The Gas market operator MIBGAS has opened the auction process for the purchase of renewable hydrogen from DH2 Energy`s solar Hysencia plant in Aragón, which has an electrolysis capacity of 35 MW. Operations are anticipated to commence in the first half of 2027.
The solar energy company is offering employees a chance to invest in its new rooftop PV system in Polch, Germany – supporting the energy transition while generating financial benefits for the team.
Lidsø solar park in Denmark is changing ownership following European Energy’s successful divestment of the project to Alight. Long-term power purchase agreements (PPAs) are secured.
Industrial electrification in Europe is struggling under high upfront costs, long investment cycles, rising energy prices, unfair taxation, and fossil fuel subsidies that still exceed €55 billion a year. Eurelectric is calling for an Electrification Bank as part of the EU Clean Industrial Deal.
Denmark is demonstrating how the shift to low-carbon heating succeeds in practice. District heating is central to the strategy and now photovoltaics are set to play a bigger role, explains Embassy Counsellor Christian Bjerrum Jorgensen.
