solar

Greece: Mirova acquires JUWI’s 156 MW clover solar portfolio

JUWI has reached an agreement to transfer ownership of a group of solar projects with a combined installed capacity of 156 MW in northwestern Greece to Mirova, the Paris-based sustainable investment firm affiliated with Natixis Investment Managers. The deal represents another significant milestone in JUWI’s expanding pipeline of large-scale solar developments in the country. Despite […]

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Romania: New 130 MW PPC solar power plant near Bucharest now fully operational

PPC Group has commissioned a new 130 MW solar power plant in Romania, located in the Călugăreni area approximately 40 kilometers south of Bucharest. The facility was recently connected to the national grid and is now fully operational. The plant is expected to produce more than 193 GWh of electricity annually, enough to supply over

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Serbia: Novi Sad launches €110 million solar-thermal upgrade of district heating system

A major modernization of Novi Sad’s district heating system will include the construction of a large solar-thermal plant, a seasonal heat-storage facility and an absorption heat pump. According to a prior information notice published by the European Bank for Reconstruction and Development (EBRD), the project represents an important step toward decarbonizing the city’s heating network.

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Montenegro to open first renewable energy auction for 250 MW of solar capacity

The Montenegrin Ministry of Energy announced that it will open bids for the country’s first renewable energy auction on 12 November, marking a major step forward in the nation’s clean energy transition. Launched in July with support from the European Bank for Reconstruction and Development (EBRD), the competitive tender will award market premiums for up

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Romania: Parapet and Alerion sign seven new solar projects totaling 80 MW

Romanian renewable energy engineering company Parapet has signed seven new contracts with Italian renewables developer Alerion, expanding their long-term partnership with projects totaling nearly 80.8 MW across Romania and Italy. Construction will take place in Romania’s Teleorman and Călărași counties and in Italy’s Puglia and Tuscany regions, with most installations expected to be completed by

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Romania: Econergy secures €25 million financing from Vista Bank for 56 MW solar project

Israeli renewable energy company Econergy Renewable Energy has secured a €25 million project financing agreement with Vista Bank Romania to support its 56 MW Scurtu Mare solar power plant located in Teleorman County, southern Romania. The new financing facility will be used to partly refinance shareholder and bridge loans originally provided by Phoenix Group and

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Europe: Solar and wind energy production declined in late October, recovery expected in early November

During the week of October 27, solar photovoltaic energy production declined across most major European electricity markets compared to the previous week. France recorded the largest drop at 15%, marking the third consecutive week of decline. Portugal and Spain followed with decreases of 8.0% and 7.2%, respectively—representing the fourth consecutive weekly drop for Portugal and

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