Encavis reports solid results for 2017
The Hamburg-based solar and wind power plant operator saw its revenue and operating result increase significantly last year, thus exceeding its own forecasts.
Scatec Solar plans 25 MW solar park in central Ukraine
The Norwegian developer’s first solar project in the eastern European country is expected to help the region of Cherkasy reduce its energy shortage.
The weekend read: A watershed year for Belgium
Belgium market update: Once among Europe’s leaders in solar PV deployment, with more than 1 GW of capacity added in its peak year of 2011, Belgium’s market lost momentum following the abrupt closure of generous subsidy programs. In recent years, driven by its residential PV segment, the country has experienced a solar comeback, which became particularly prominent in the year just passed.
Norwegian solar market grew by 59% in 2017
The country’s cumulative installed PV capacity reached 45 MW at the end of last December. Newly installed PV systems for 2017 totaled around 18 MW, which was the largest annual growth ever registered in the Norwegian PV market.
Norway’s Statoil changes name to Equinor to reflect new clean energy strategy
The Norwegian oil company announced its intention to enter the solar energy business in October, when it launched a US$197 million fund dedicated to renewable energies.
Rooftop solar could provide half of Dutch electricity needs, Deloitte finds
Based on analysis of publicly available data, Deloitte estimates that solar panels installed on every suitable roof surface across the Netherlands could meet half of the current Dutch electricity demand, despite the country’s cloudy and rainy climate.
KGAL further invests in large-scale PV in southern European countries
The solar plans of the German independent investment and asset manager in Spain, Italy and Portugal are part of a broader plan to further invest in renewables, including wind and hydropower.
SolarEdge launches inverter with EV-charging capability
Power electronics company, SolarEdge has announced the launched of an EV charging inverter in Europe.
BayWa enters Dutch solar market with 2 GW, €159 million deal
The Munich-based company will acquire a 70% stake in a solar PV project pipeline totaling 2 GW in the Netherlands through its renewable energy arm Baywa re. The transaction will have to be approved by antitrust authorities.
Denmark preps tender scheme for PV projects up to 1 MW
The Danish Energy Agency has now submitted the scheme for a public consultation. The tender’s budget for 2018 amounts to around 105 million DKK (US$17.4 million).
