European solar module price rise heralds ‘new pricing balance’
Solar module prices in Europe have risen after months of decline, driven by price increases from Chinese manufacturers and a tight supply of popular modules in the European market.
Solar module prices in Europe have risen after months of decline, driven by price increases from Chinese manufacturers and a tight supply of popular modules in the European market.
Norwegian independent power producer (IPP) Scatec has signed a 15-year Contract for Difference (CfD) in Romania for a solar PV portfolio.
Europe will more than triple its renewable power capacity by 2050, but this rate will not be enough to meet climate goals.
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.
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 portfolio comprises 780MWp of solar PV and battery energy storage system (BESS) assets at “various stages of development.”
The plant, located in the Murcia region of Spain, is one of Europe’s “largest” operational solar PV installations.
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.
European solar manufacturing boasts a low carbon footprint, and falling material requirements, says SolarPower Europe.