A round-up of news coming from Europe, with IPP Encavis acquiring a 265MW solar PV portfolio in Italy, Iberdrola starting construction on 366MW of solar PV in its home country and IPP Sonnedix signing a renewables supply agreement with a subsidiary of Volkswagen in Spain.
Slowing solar PV and energy storage installations in Europe risks “competitiveness and security at a pivotal moment”, according to the head of SolarPower Europe.
High power prices and increased energy storage usage have led to a sharp increase in self-consumption of solar power in Germany since 2022, according to data from the Fraunhofer Institute for Solar Energy Systems (ISE).
LONGi unveiled its energy storage strategy in London last week, officially announcing its entry into the storage sector with the launch of the LONGi Energy Storage One-Stop Solution.