Renewables developer Econergy Renewable Energy has finalised a €150 million (US$157.7 million) loan agreement with Phoenix Insurance to support its pipeline of solar PV projects in Romania and Poland.
The latest round of renewable energy auctions in Poland has allocated approximately 486MW of solar PV capacity and seen just three of a proposed seven auctions settled successfully.
Under the REPowerEU scenario to install 750GWdc of solar across the European Union by 2030, the bloc will require 1 million solar workers, double the numbers from 2021.
Solar developer ib vogt has closed financing on a 135MW solar plant in Poland via a US$90.4 million commitment from German bank BayernLB and Siemens Financial Services.
