admin, Author at Large Scale Solar Central and Eastern Europe

Scatec awarded Romania CfD for 190MW solar PV portfolio

Norwegian independent power producer (IPP) Scatec has signed a 15-year Contract for Difference (CfD) in Romania for a solar PV portfolio.

A lack of grid infrastructure is a key challenge in Eastern Europe, and was discussed at Large Scale Solar Central Eastern Europe 2024.

The plant, located in the Murcia region of Spain, is one of Europe’s “largest” operational solar PV installations.

The portfolio comprises 780MWp of solar PV and battery energy storage system (BESS) assets at “various stages of development.”

Nicolas Rochon and Mathilde Ketoff tell PV Tech Premium that ensuring strong margins are of paramount importance for the rooftop solar sector.

Although the investigation is still ongoing, the allegations are for an attempted fraud involving €340,000 (US$352,000) in European Union (EU) funds.

The acquisition is part of the company’s plan to invest over €1 billion (US$1 billion) in French clean energy by the end of 2025.

Europe will more than triple its renewable power capacity by 2050, but this rate will not be enough to meet climate goals.

Renalfa has acquired a 258MW solar project in Teleorman, Romania, which it expects to start commercial operation in 2027.

The Emeren Group has signed a seven-year power purchase agreement (PPA) for a 15MW solar project in Poland.