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Pexapark reports significant slowdown in European PPAs in May

European power purchase agreement (PPA) activity slowed sharply in May, with only 12 deals totaling 232 MW, marking the lowest monthly volume since 2020, according to data from Swiss-based analytics firm Pexapark.

Indonesia’s Pertamina secures 20% stake in Citicore Renewables

Indonesia’s Pertamina New & Renewable Energy (Pertamina NRE) has acquired a 20% stake in Philippine solar developer Citicore Renewable Energy Corp. (CREC) for $120 million, with both companies planning joint investments in solar and other renewable projects in Indonesia.

UGT Renewables to build 3 GW of solar in Iraq

UGT Renewables, a US-based developer, says it will build a 3 GW solar project in Iraq under a deal with the federal government that includes 500 MWh of storage and 1,000 km of high-voltage direct current (HVDC) lines.

Indonesia, Singapore partner on solar supply chain in Riau Islands

Indonesia and Singapore have signed a memorandum of understanding to develop a solar manufacturing supply chain in Indonesia’s Riau Islands province, as part of broader plans to enable cross-border clean energy trading.

Poland pilots solar arrays near major highway

Poland has installed solar arrays along the S5 expressway as part of a project to cut infrastructure operating costs. Surplus electricity will feed the grid or supply electric vehicle charging stations.

Romania extends investment in solar for public institutions

Romania’s Ministry of Energy is backing 47 solar projects to produce electricity for self-consumption in schools, hospitals, city halls and other public institutions. It has now supported more than 1,000 such contracts, together reaching a combined capacity of 390 MW.

Zambia invests $40 million in solar for schools, hospitals

Zambia has launched a $40 million investment under its Presidential Solar Initiative to install solar systems at 209 public institutions, including schools and hospitals.

Hungary’s solar capacity nears 8 GW

Data from transmission system operator MAVIR shows that solar energy production in Hungary reached a new peak on June 13, producing enough energy to serve the country’s domestic electricity requirements entirely from renewables.

Estonian solar park enters Baltic frequency markets 

Eesti Energia and Emsys VPP have prequalified the 75 MW Sopi solar park to deliver 30 MW to the Baltic region’s automatic frequency market and 45 MW to its manual frequency market.

Tender opens for solar solutions in Ukraine

The United Nations Development Programme (UNDP) has launched a tender for the provision of solar solutions in Ukraine. The deadline for applications is July 8.

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