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BayWa r.e. Raises $115 Million Afresh For Solar+ Storage Projects
solar PV array covering a location of 14 hectares on two man-made lakes in Austria as well as the project has a capacity of 24.5
May 3, 2023 // Markets & Finance News, Storage, USA, UTILITY-SCALE SOLAR, North America, baywa r.e, Alain Halimi, Solar Power Projects, nomura, Vinod Mukani, Fred Robinson
German module manufacturer enhances manufacturing ability
Energetica functioning all out on its gigawatt manufacturing strategies in Austria as well as Solarwatt just recently revealing the 250 MW development of its
Mar 12, 2020 // Manufacturing News, Germany, pv modules, monocrystalline, Europe, PERC, Soluxtec
CCE Group, Enernovum Secure Funds for 600MW Solar Portfolio in Italy
farms totalling 600MW in Italy. The three-year finance from Kommunalkredit Austria is for projects in the Lazio, Tuscany and Apulia areas.
It has actually been
Oct 12, 2021 // Markets & Finance News, Italy, Europe, Solar Farms, CCE Group, CCE Solar Invest, Enernovum
Q CELLS launches '100% sustainable' Q.HOME Cloud solution
of the Cloud to attach to renewable resource generation in Germany as well as Austria and also resource the continuing to be part of power that their
May 7, 2020 // Software, storage, Germany, Q CELLS, Europe, solar-plus-storage, residential, digitalisation, q.cloud
Photovoltaics for freeways
Austrian Institute of Technology (AIT), in collaboration with Germany's Fraunhofer ISE and also Forster Industrietechnik, has released the PV-SÜD pilot
Sep 1, 2020 // Technology, Markets & Finance News, Germany, Europe, Fraunhofer ISE, Austrian Institute of Technology, Forster Industrietechnik, Manfred Haider
Enery, OMV Petrom Launch Joint Venture for Bulgaria 400-MW Solar
Austria’s Enery Development and Romania’s OMV Petrom have signed a 50-50 joint-venture agreement to build the Gabare photovoltaic park, a 400-MW solar complex planned near Byala Slatina, some 85 km north of Sofia. The partners intend to invest roughly EUR 200 million by 2027, partly through external financing, and have already secured construction permits and grid-connection rights.
Designed with single-axis tracking to squeeze maximum output from Bulgaria’s high-irradiance Danubian Plain, Gabare is expected to generate enough electricity to power about 150,000 homes and cut roughly 260,000 tonnes of CO₂ each year. The developers are also evaluating the addition of a battery-energy-storage system of up to 600 MWh, which would enable the plant to shift daytime surplus into Bulgaria’s evening peak and help the national grid smooth volatility as more renewables come online.
For OMV Petrom—Southeastern Europe’s largest integrated energy producer—the deal accelerates a regional diversification drive that has already seen the company co-develop 450 MW of solar projects on former Romanian lignite pits. Chief Executive Christina Verchere called the Bulgarian venture “a landmark step that underpins our ambition to reach 1 GW of renewable capacity by 2030 while supporting the EU’s net-zero roadmap.” Enery’s CEO Richard König described the 400-MW platform as “a template for bankable utility-scale solar in the Balkans, marrying strong local development with long-term PPA backing.”
Bulgaria has pledged to lift the share of renewables in final electricity consumption to 30 percent by 2030, up from 23 percent today. Analysts say shovel-ready, privately financed projects like Gabare will be critical, as the country faces EU pressure to accelerate coal retirements yet still grapples with grid constraints and a limited auction pipeline. By securing all key permits before financial close, the venture avoids the bottlenecks that have stalled several rival schemes. Construction is slated to start in early 2026, with first power targeted for late 2027.
Jun 23, 2025 // Plants, Large-Scale, Commercial, Europe, OMV Petrom, Bulgaria, Enery Bulgaria, Gabare
Verbund hires Simtel to build 60-MWp solar park in Romania
SMTL) has won an engineering, procurement and construction (EPC) contract from Austria’s Verbund AG to deliver an over 60-MWp solar park in Northern Dobruja,
Aug 12, 2025 // Plants, Large-Scale, Commercial, Europe, Romania, verbund, Simtel Team, hybrid project, EPC Contract
Hard times for thin-film PV module makers as Crystalsol and Calyxo file for insolvency
investors to expand its manufacturing output.
In a separate development, Austria’s Österreichischer Verband Creditreform (ÖVC) has revealed
Jan 14, 2020 // Manufacturing News, Markets & Finance News, Germany, Europe, Austria, Crystalsol, Calyxo
Flixbus plans hydrogen buses on long-distance routes
its international expansion with long-distance networks in France, Italy, Austria, the Netherlands and Croatia and cross-border routes to Scandinavia, Spain,
Nov 12, 2019 // Technology, Storage, Transport, Germany, China, Europe, Asia, BYD, FlixMobility, hydrogen fuel cell buses, Freudenberg Sealing Technologies, André Schwämmlein, Yutong, Claus Möhlenkamp
Members to Increase Cross-border Affiliations as Shares of Renewables Grow: IRENA
to the presentations, Participant interventions were made by Austria, Brazil, Canada, Croatia, Denmark, Egypt, Ethiopia, El Salvador, Ghana, Italy,
May 17, 2021 // Markets & Finance News, IRENA, Renewable Energy, Francesco La Camera, climate goals 2050, World Energy Transitions Outlook
Amazon adds new projects to clean energy portfolio
firm also introduced its very first roof solar projects in France and Austria, as well as its very first solar farm in Poland. Amazon's investment in its
Sep 22, 2022 // Markets & Finance News, clean energy, Poland, India, Solar Panels, Amazon, South america, Europe, Brazil, Asia, solar farm
'Huge possibility' for Europe's residential battery storage market as Germany pioneers development
496MWh.
In total, Europe's leading 5 countries-- Germany, Italy, the UK, Austria, Switzerland-- amount to over 90% of the European market.
Michael Schmela,
Oct 5, 2020 // Residential, Markets & Finance News, Storage, Germany, Europe, solar-plus-storage, SolarPower Europe, covid-19, Michael Schmela
Verbund Locks 700-MW Trina Solar Panels for Southern Europe Projects
Austrian power producer Verbund Green Power has secured more than 700 MW of photovoltaic modules from China’s Trina Solar Co Ltd under a five-year framework agreement that shores up its supply chain just as a new wave of solar projects heads for construction in Spain and Italy.
Signed this week, the deal gives Verbund priority access to Trina’s latest high-performance panels, known for strong output and durability in hot, Mediterranean climates. The long-term purchase arrangement comes at a critical moment: Verbund’s 2030 strategy calls for at least 25 percent of the group’s electricity to come from solar and onshore wind, a steep climb from today’s hydro-dominated mix.
“Locking in module volumes at this scale lets us move from permits to groundbreaking without worrying about global supply bottlenecks,” a Verbund spokesperson said. “It also secures pricing visibility when equipment costs are still volatile.”
For Trina Solar, the accord deepens its foothold in one of Europe’s fastest-growing clean-energy corridors. Steven Xu, the manufacturer’s head of utility sales for Europe, called the agreement “a vote of confidence in our technology and local service operations.” Trina’s portfolio now ranges from large-format Vertex modules to its N-type TOPCon series, giving Verbund flexibility to match panel choices with site-specific conditions across both countries.
Verbund Green Power already operates 1.1 GW of renewables—mostly hydro—spread across Austria, Germany, Spain, Italy, Romania and Albania. By blending new solar capacity with its storied hydro assets, the company aims to provide firmer, more predictable output as European grids integrate ever-higher shares of variable generation.
Industry analysts say framework deals like this one are becoming standard among large developers seeking to insulate projects from price swings and shipping delays. “A guaranteed hardware stream over multiple years is now as valuable as the modules themselves,” notes Johannes Maurer, a Vienna-based energy consultant. “It helps de-risk schedules and financing, especially for portfolios spread across borders.”
With design work finished on several Spanish and Italian sites, Verbund expects to begin breaking ground later this year. The first shipments from Trina’s Chinese factories are slated for early 2026, keeping the utility on track to meet its interim renewable-capacity milestones well ahead of 2030.
May 9, 2025 // Manufacturing News, Spain, Italy, Europe, verbund, TrinaSolar, photovoltaic modules
EU Solar Growth Stalls, Tracking First Annual Decline Since 2015
solar boom. Incentive roll-backs in markets such as Italy, the Netherlands, Austria, Belgium and Hungary have triggered a collapse of more than 60 % in home-solar
Jul 24, 2025 // Markets & Finance News, Europe
Commercial rooftops will lead renewables growth in the next five years
with Australia, Belgium, the U.S. state of California, the Netherlands and Austria leading the charge on a per capita basis.
Falling costs
Oct 21, 2019 // Commercial, Residential, Rooftop PV, USA, Australia, Europe, rooftop PV, Oceania, Netherlands, Belgium, North America, Austria, IEA