The European Investment Bank (EIB) has committed €400 million (US$437 million) to support the solar and battery storage development plans of Greek renewables developer Mytilineos.
Israeli solar inverter manufacturer SolarEdge posted strong financial results for the second quarter of 2023 with record revenues from the solar segment of US$947.4 million.
Europe’s solar industry must address the talent shortage, supply chain challenges and permitting hurdles to build on last year’s strong installation figures, according to PV industry experts.
Demand for solar and wind power purchase agreements (PPAs) in Europe remains strong despite sustained price hikes, research from LevelTen Energy suggests.
Investment bank Macquarie Asset Management has provided €100 million (US$98.5 million) of debt financing to Green Bidco, the parent company of solar developer Falck Renewables.