The Utilities for Net Zero Alliance (UNEZA) adopted the UNEZA Roadmap to 2030, which targets a total increase of renewable energy capacity within their portfolios to 749 GW by 2030, an increase of 2.5 times relative to 2023.
The European Bank for Reconstruction and Development (EBRD) and French asset manager Eiffel Investment Group (Eiffel) are supporting the development of solar energy generation in Poland by extending a joint loan of €45 million to PL-SUN Sp.z.o.o.
R.Power Group has announced the signing of 10-year power purchase agreements from its PV project portfolio in Portugal. The contract covers PV farms located in seven central Portuguese locations.
IB Vogt has signed a Power Purchase Agreement (PPA) with Apple to provide solar power with a capacity of 105 MW from a project in the province of Segovia, Spain.
23 EU Energy Ministers and representatives from the solar sector signed the Solar Charter as a commitment to support European solar manufacturing.
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Despite the fact that the prices of solar panels have not dropped any further, there is certainly no price recovery yet. As a result, the selling price gap between European and Chinese solar panels remains so large that European producers are in serious trouble, according to Gerard Scheper, CEO of European Solar. "European producers are at a standstill and will certainly not be able to keep that up for another six months."
The European Commission has published its ‘Horizon Europe Strategic Plan 2025-2027,’ where it decided to form an official Co-Programmed European Partnership for solar with the European Technology and Innovation Platform (ETIP PV).
Policy responses to geopolitical developments and global commitments accelerated the deployment and use of renewable energy in 2023, especially in the power sector. Though finance and infrastructure remain a major challenge, according to the Renewables 2024 Global Status Report (GSR 2024)
European Energy has started construction on a 56 MW solar farm in Australia, which is set to be the company’s first operating project in Australia.
Powerful economic and technological factors are driving the transition to clean energy, Fatih Birol, executive director of the International Energy Agency, says.
The Australian federal government is investing $1 billion in the Solar Sunshot program to booster domestic PV manufacturing and the solar supply chain.
In 2023, over 200 000 Swedish homeowners received a tax reduction for the installation of green technologies. They invested a total of SEK 22 billion, 80% more than in 2022 (SEK 12 billion). But in 2024, a decline is expected.
Romania will become an energy transition hotspot in 2024. After CCE - Clean Capital Energy already started construction of the 42 MW solar power plant in Horia in the Arad region in 2023, the company has now obtained further building permits and grid commitments for 4 additional large projects.
Solar farms in the UK are getting bigger, research shows, as developers and investors look to maximise returns through economies of scale. Peter Curtain, Director of Allerton Communications, shares his insights.
The criteria for BloombergNEF's Tier 1 list, which is seen by the solar industry as a seal of assurance, has recently been adjusted. The number of the manufacturers on the top list has been halved, notes Gerard Scheper, CEO of European Solar. "As many as 26 have dropped out, which means that Tier 1 really serves as an elite list again, but the way this has been done is quite outrageous."
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Solnet Group has appointed Simo Hakkarainen as the new Head of Utility-Scale PV to drive the growth of the company group’s solar utility business.
BayWa r.e. has sold the Spanish solar park "Lirios" to the independent power producer (IPP) Encavis AG. The solar park is expected to go into operation in 2025. With an output of 109 MW, Lirios is one of BayWa r.e.'s largest projects in the country.
The Maltese government is making €4,800,000 available for the introduction of renewable energy systems in households, Malta Today reports.
Developer IB Vogt announced the sale of Italy’s largest solar photovoltaic project to multinational utility Iberdrola. The 245 MW solar farm codenamed Fenix is located in Sicily, and scheduled to commence construction in March of 2024.
Fujifilm Diosynth Biotechnologies, has entered into a ten-year Power Purchase Agreement (PPA) to offtake 40 GWh of renewable energy annually with Better Energy. It contributes to establishing a new 107 MW solar park near Vedde.
Spain has introduced a new incentive scheme aimed at strengthening its clean-tech supply chain, including PV manufacturing. The initiative is endorsed by the European Solar Manufacturing Council (ESMC).
Following the successful completion of a 282 MW portfolio now operational in Ireland, Highfield Solar has secured project financing to fund the construction and operation of an additional Solar PV project with 93MW of installed capacity.
Solcast, a provider of solar irradiance historical actuals and forecasting for solar energy, achieves a significant milestone as DNV validates its satellite irradiance data as bankable.
