Romania backs SMEs with EUR 200 million for renewables, EV chargers
Small and medium-sized enterprises and firms in the HoReCa sector will soon be able to apply for the first half of a EUR 200 million incentives package for the installation of solar power systems and chargers for electric vehicles. The government in Bucharest issued a decree stipulating the start of the Electric-Up program for renewable […]
Turkey’s regulator licenses 1 GW Karapınar solar power plant
Following the start of operations of its integrated solar cell plant in Ankara, Kalyon got a license from EMRA for the 1 GW solar power system that it is working on in Turkey’s central Konya region. The two projects are worth USD 1.4 billion overall. Kalyon Group received a license for the planned solar power […]
Prices of photovoltaic panels jump as much as 25% in Greece
Global demand, industrial accidents, environmental disasters, exchange rates and the impact of the coronavirus pandemic could all be contributing to a rapid rise in the cost of solar power panels in Greece since the beginning of July. Industry sources reported price hikes of up to 25%. Investors in solar power in Greece are concerned because […]
PPC Renewables, RWE targeting 2 GW solar deal for Greece by year-end
PPC Renewables and German RWE are working on a formal business agreement on joint development of photovoltaic systems in lignite mining areas in Greece while coal facilities are being shut down. The two companies are reportedly eyeing a deal through December. Representatives of Germany’s RWE completed a three-day working visit to Greece, where they visited […]
Electrica pays EUR 1.62 million for 7.5 MW Stănești solar park
Electrica paid just EUR 1.62 million for the Stănești photovoltaic unit to Raylexo Limited and Long Bridge Management si Administrare, but it also took on EUR 3.82 million in existing loans. Electrica said it completed the acquisition of the Stănești solar park in the south of Romania. The power distributor and supplier bought the unit for […]
Cyprus to install rooftop solar power units in 405 schools, kindergartens
A national solar power project is underway in Cyprus to cover most of the power demand in more than 400 educational institutions. The state will pay EUR 9.6 million in total to the EAC and the contractors over a twenty-year period while all photovoltaic units are scheduled to be built by the end of next […]
Nanotechnology brings flexible, printed solar power panels
Third-generation photovoltaics are thin, light and semitransparent and come in different colors. Furthermore, nanotechnology enables printing of flexible solar power panels with endless applications. Less than a milimeter thick and weighing under 500 grams per square meter, flexible organic photovoltaic modules are the new generation of materials with wide applications, compatible with building materials. The […]
Portugal reaches world’s record low solar power prices in auction
Portugal’s government accepted an unidentified project developer’s offer of EUR 11.4 per MWh for solar power over 15 years, beating the latest all-time low achieved in an auction in Abu Dhabi. Minister of Environment João Pedro Matos Fernandes said the latest round of bidding for the construction of solar power plants in Portugal resulted in […]