Europe

Photon’s new financial vehicle is designed to offer EU solar power investors the strongest possible investment protection.

Greece’s Environment Ministry is set to introduce new measures in the hopes of reaching a long-term solution, including FIT cuts and loan extensions. Consumers, however, face still more RES fee hikes.

While small FIT-supported projects have driven the British photovoltaic market, 2013 has seen an increasing amount of large-scale capacity as the government weighs green tax reductions while embracing nuclear power.

The Foresight Solar Fund would finance eight U.K. ground mount plants with the profits from a planned London IPO. A partner for the fund says solar offers a more attractive investment in the UK than wind.

Portugal added 16.8 MW of solar PV in May and June, but latest figures show that micro generation is still the country’s dominant sector.

Solar PV scored an unprecedented amount of electricity output, increasing its contribution to Italy’s energy mix to 7.3% of the total electricity demand in the first seven months of the year.

At this year’s Edinburgh International Book Festival, a popular debate series showcased the benefits and drawbacks of solar and nuclear power and highlighted Britain’s yearning for quick fixes.

Greece’s Environmnet Ministry will make net metering possible for households and businesses, but the local PV industry has taken issue with its controversial provisions.

The U.K. supermarket and retail giant has installed more than 200 rooftop PV systems on its stores across the country as part of an ambitious goal to reduce carbon emissions by 30% in the next seven years.