europe

Tractebel – a subsidiary of French utility Engie – has developed a new offshore floating solar technology in partnership with offshore energy specialists DEME and maritime infrastructure firm Jan De Nul.

Solar module supplier Maxeon Solar Technologies’ has forecast to register positive adjusted EBITDA in the first quarter of 2023.

French PV manufacturing startup Carbon has chosen a location for a proposed cell and module gigafactory which it plans to bring into operation in late 2025. The plant would be Carbon’s first production facility.

Portuguese utility EDP has announced its investment strategy for the coming years, establishing a €25 billion (US26.5 billion) plan to achieve 33GW of deployed renewables capacity by 2026.

Trade body SolarPower Europe has called on the European Commission to include a ‘best-in-class’ solar labelling to leverage PV demand for European manufacturing in the Green Deal Industrial Plan.

Spanish water company Miya has acquired a minority stake in Xfloat, the Israeli floating PV tech developer.

Spain installed 3.7GW of new ground-mounted solar PV capacity in 2022, according to a report from trade association the Spanish Photovoltaic Union (UNEF).

The European Commission has announced two acts to help define renewable hydrogen in the EU.

Spanish renewable energy provider Iberdrola has secured a €150 million (US$160 million) loan from the European Investment Bank (EIB) to develop 400MW of PV and wind projects in Italy.

Independent power producer (IPP) R.Power has raised €150 million (US$160.4 million) from the Three Seas Initiative Investment Fund (3SIIF) to continue its long-term growth strategy.