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Solar Energy

Solar energy industry news

SPAR Hungary boosts solar capacity with new investment in Pécs

SPAR Hungary boosts solar capacity with new investment in Pécs

SPAR Hungary has invested 80 million HUF (€204,714) to upgrade its INTERSPAR Hypermarket in Pécs with advanced photovoltaic systems and a smart battery storage unit. This investment, aimed at enhancing energy efficiency, follows the company’s ongoing commitment to environmental sustainability. The photovoltaic system installed at the Pécs hypermarket

Moldova Launches First-Ever Tender for 105MW Onshore Wind and 60MW Solar Capacity

Moldova Launches First-Ever Tender for 105MW Onshore Wind and 60MW Solar Capacity

The Republic of Moldova has initiated its first tender for the construction of up to 105MW of onshore wind and 60MW of solar photovoltaic capacity. Investors can submit multiple bids across different projects, provided each bid meets the requirement of a financial guarantee. For consideration, solar projects must have a

New World Wind’s Aeroleaf Combines Solar and Wind Power, Generating 36,000 kWh Annually

New World Wind’s Aeroleaf Combines Solar and Wind Power, Generating 36,000 kWh Annually

The Aeroleaf installation, designed by French company New World Wind, represents a breakthrough in renewable energy, combining solar and wind power in a single system. This innovative technology surpasses traditional photovoltaic cells, aiming to maximize energy production. According to Ecoticias, the installation is composed of "petals" equipped with

European Energy Secures EUR 33.3 Million Financing for 70 MW Solar Projects in Poland

European Energy Secures EUR 33.3 Million Financing for 70 MW Solar Projects in Poland

Danish renewables developer European Energy A/S has secured EUR 33.3 million (USD 36.7 million) in financing from Polish lender mBank for the construction of two solar farms in Poland with a combined capacity of 70 MW. The financing will support the development of the 16-MW Lobez array

Enstall Acquires German Solar Mounting Provider Schletter Group, Expands in Southeast Europe

Enstall Acquires German Solar Mounting Provider Schletter Group, Expands in Southeast Europe

Enstall, a specialist in rooftop solar mounting solutions, has announced the acquisition of German firm Schletter Group, marking its entry into the ground-mounted solar segment. The deal, expected to close by year-end, is subject to regulatory approvals. Current owners, Avenue Capital Group and Robus Capital Management, will retain a minority

CMS assists INVL in securing EUR 24.4 million financing from EBRD and Eiffel for solar plant in Romania

CMS assists INVL in securing EUR 24.4 million financing from EBRD and Eiffel for solar plant in Romania

International law firm CMS has provided legal assistance to INVL Renewable Energy Fund I, facilitating a EUR 24.4 million financing package from the European Bank for Reconstruction and Development (EBRD) and Eiffel Investment Group. The funds, provided through the Eiffel Energy Transition Fund of the Paris-based Eiffel Investment Group,

Turkey Challenges China's Solar Energy Dominance with Rapid Expansion

Turkey Challenges China's Solar Energy Dominance with Rapid Expansion

Turkey has added an impressive 4.7 GW of solar power capacity since the beginning of the year, positioning itself as a significant player in the global solar market. Major local companies like Kalyon Energy and Smart Solar Technologies are driving this growth, supported by substantial government subsidies and investment