With multiple European countries submitting their revised National Energy and Climate Plans (NECPs) in recent months, the European Union (EU) is targeting an extra 90GW of solar capacity by 2030.
Lightrock Power has secured planning permission for a solar plant in East Devon, after receival approval from the District Council’s planning committee.
German renewables developer Pure New Energy (PNE) intends to scale up to an 8GW solar PV pipeline in the next five years.
Banking firm AIB has signed a corporate power purchase agreement (CPPA) with NTR to source energy from two solar farms set to be constructed in County Wexford, Ireland.
Solar developer Lightsource bp has entered the German solar PV market and is aiming to develop between 300-400MW per year by 2030.
Spanish developer Grenergy has signed a 15-year power purchase agreement with chemical company LyondellBasell for a 259MW solar PV plant in Spain.
Independent producer of PV renewable energy Reden has inked a deal with financial institutions, including the European Investment Bank (EIB), Crédit Agricole Corporate and Investment Bank Milan branch and Natixis Corporate and Investment Banking, to fund a solar portfolio in Italy.
Spanish EPC company GRS has started construction of a 122 MW solar PV project in Badajoz, Spain on behalf of solar developer Fotowatio Renewable Ventures (FRV).
Solar developer Lightsource bp has received environmental approval for 19 solar PV projects across four regions in Spain.
High development costs and an unstable regulatory environment have increased average solar power purchase agreement (PPA) prices in Europe to a new high of €76.84 (US$82.4)/MWh in Q4 2022.
