Eastern Europe

EIB committed €1 billion to solar last year

The European Investment Bank (EIB) made its solar investments in 13 European Union countries, as well as in India, Mexico and Peru in 2017. The bank’s total investment volume for solar projects since 2002 amounts to around €6.3 billion.

Kazahkstan tenders 290 MW of solar

Overall, new auctions launched by the Kazakh government will allocate 1 GW of renewable energy generation capacity, including 620 MW of wind power plants.

Poland to tender 750 MW of solar projects up to 1 MW in 2018

The Polish government may also launch a mixed wind-solar auction for projects over 1 MW that, according to local analyst Piotr Pająk, would eventually conclude with a prevailing share of wind.

Kness Group secures financing for 33.9 MW of solar in Ukraine

The Ukraine-based developer has been granted two different loans from the European Bank for Reconstruction and Development (EBRD) and the Clean Technology Fund (CTF). The three solar plants will be located in the Vinnitsa region of western Ukraine.

2017 Polish residential PV grew by 81.3 MW

The residential segment saw an increase of 26% in new installations last year, with net metering continuing to drive the market.

Hungary’s oil and gas provider MOL enters solar business

The company will initially build solar facilities at three of its main industrial sites in Hungary, on currently unused areas.

Altostrata to develop 250 MW solar project in eastern Ukraine

The Irish developer is planning to invest €255 million in the project, which is expected to be located near the village of Levodka, in the Dnipropetrovsk region.

Interview: The time has come for a European solar industry policy

In an interview with pv magazine, SolarPower Europe CEO, James Watson explains how the Clean Energy Industrial Forum (CEIF) set up by the EU is paving the way for a resurgence of the European solar industry. Representatives from politics and industry met last Friday in Brussels to discuss how to further proceed.


Lithuania’s Modus Energy plans 56 MW of solar projects in Poland

The Lithuanian renewable energy company will initially install 12 power plants at a cost of around €11 million.

Roth: US steel, aluminum tariffs to add at least 1-3c per watt to solar projects

While President Trump has a range of options, all likely scenarios seem likely to result in a modest increase in the cost of solar installations.