The European Investment Bank (EIB) has raised its funding for the REPowerEU initiative to $50 billion, a 50% increase from the original amount. The scope of sectors eligible for this funding has been broadened to include various renewable and clean technologies. The initiative, launched by the Euro…

Menlo Electric, a rapidly expanding Polish distributor of PV modules and inverters, is extending its reach into the Middle East and North Africa markets. The company has achieved significant progress in places like South Africa, capturing around 10% of the market share since January. Menlo Electric…

JinkoSolar announced the delivery of over 220,000 Tiger NEO TOPCon bifacial 72 modules for Bulgaria’s largest solar project, the 123-MW Verila Solar Power Plant. Located near the village of Kraynits, the plant is set to boost Bulgaria’s solar capacity by 7%, marking significant progress in the regi…

Modus Asset Management has launched the Clean Energy Infrastructure Fund, attracting €85 million in commitments during its first phase. Targeting informed investors, the fund is supported by the European Investment Fund and Baltic pension funds. Led by CEO Povilas Pečiulis, the fund, which focuses…

Trina Solar, a Tier-1 solar module manufacturer, has signed a three-year framework agreement to supply at least 1 GW of solar modules to European projects developed by Low Carbon. The agreement includes Trina’s Vertex N 605W and Vertex 670W+ modules, known for their high efficiency and versatility…

RWE Renewables Iberia has launched a 44-MWac solar power plant, the Casa Valdes, in Guadalajara, Spain, providing power to 30,000 homes annually. The project uses 97,740 high-performance bifacial modules, capturing sunlight from both sides for increased power output. This initiative is part of RWE’…

The European Commission has appointed EIT InnoEnergy as the Secretariat to the EU Solar Photovoltaic (PV) Industry Alliance, aiming to boost EU PV manufacturing with a target of 30 GW annual capacity by 2025. This initiative is expected to contribute 60 billion euros to the GDP and create over 400…

Photovolt Development Partners (PVDP) has proposed the Botley West Solar Farm with an 840 MW capacity, spanning three sites in Cherwell, West Oxfordshire, and Vale of White Horse. It aims to generate enough renewable energy to power every home in Oxfordshire. This project supports Oxfordshire’s Ene…

Antaisolar, a prominent Chinese PV mounting systems supplier, has inaugurated its first overseas global R&D center in Spain, marking a significant step in the company’s technical R&D and global expansion. This center, supported by the European sales and global support centers, is tasked with advanc…

Reuters Events is hosting Energy Transition Europe 2022 in London on November 15-16, where European energy executives will address the urgent need for reducing dependency on Russian fossil fuels and advancing climate action. The event will explore innovations in electrification, hydrogen, CCS, digi…