The European Investment Bank (EIB) has signed separate agreements with Polish state-owned utility PGE Polska Grupa Energetyczna (PGE) and Czech energy utility company ČEZ to help modernise the distribution networks of both countries.
The Czech Republic’s largest utility, ČEZ Group, should scale up its domestic solar PV portfolio over the next decade instead of pursuing new nuclear power plants, the Institute for Energy Economics and Financial Analysis (IEEFA) has said.
Czech utility company CEZ has signed off on the sale of its remaining companies in Bulgaria to Inercom Bulgaria, with the signing process expected in the coming days.
There is a need for a pan-European investor-state dispute settlement mechanism, to give the solar industry a unified legal body to help it fight retroactive cuts and other policy U-turns across the continent, according to a European trade group.
