solar

Romania: ENNA Solar expands into romanian market with major solar project acquisition

Croatia’s ENNA Solar, part of the ENNA Group, has signed an agreement with Austria’s Kraftfeld Energy to acquire a ready-to-build solar project in Romania. The deal includes full ownership of special purpose vehicle PVP Cepheus, which developed the project in Giurgiu county. The 87.5 MW solar plant will be constructed in Mihăilești, approximately 25 km […]

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Europe sees 30% surge in solar power in early 2025, setting the stage for a record-breaking year

Solar electricity generation across Europe jumped by over 30% in the first quarter of 2025 compared to the same period in 2024, signaling a potential record year for the continent’s solar energy output. Data from Ember shows that solar installations produced nearly 68 terawatt-hours (TWh) of electricity between January and March—a 32% increase year-on-year. In

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Romania: Nofar Energy finalizes major contract for 265 MW solar power plant

Nofar Energy has secured a comprehensive contract for a 265 MW solar power plant in Corbii Mari, Dambovita County, just west of Bucharest. The contract covers all phases of the project, from engineering to long-term operations and maintenance. This large-scale development is one of the biggest solar projects in Romania. The project will be developed

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Hungary sets record low electricity consumption amid surge in solar power

Hungary set a new record for its lowest-ever electricity consumption on Easter Monday, thanks to exceptional solar energy production, as reported by Deputy Energy Minister and Government Commissioner Gabor Czepek. He noted that such low system loads were previously only observed in the early hours of the day before 2023. The previous record was set

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Serbia: Fortis Energy to build 110 MW solar power plant with storage

Turkish renewable energy company Fortis Energy has announced plans to construct a 110 MW solar power plant near the town of Sid in northwestern Serbia. The Erdevik solar project will also feature a 31.2 MWh energy storage system, enhancing grid stability and energy reliability. The project reached a key milestone in January 2025, receiving approval

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Romania: Banca Transilvania backs Simtel with €28 million to complete Giurgiu solar power plant

Banca Transilvania is extending €28 million in financial support to Simtel, a leading Romanian renewable energy company, to complete the development of a solar power plant in Giurgiu. The funding package includes a €16 million investment loan and a €12 million bridge loan, enabling Simtel to finalize the project, which is currently about 80% complete.

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Romania: Eximprod Group completes 50 MW solar power plant in Prahova

Eximprod Group has successfully completed the construction of a 50 MW solar power plant in Ciorani, located in Romania’s Prahova County, marking a major milestone in the country’s renewable energy efforts. With an installed capacity of 49.5 MW, the solar facility is now undergoing final commissioning procedures and is in the process of being connected

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Solar output drops across Europe while Iberian wind power surges in mid-April

During the third week of April, solar photovoltaic energy production declined across major European electricity markets compared to the previous week. The most significant drop was recorded in Italy, where production fell by 26%, while Spain saw the smallest decrease at 2.6%. However, forecasts from AleaSoft Energy Forecasting indicate that solar energy output is expected

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