Independent power producer (IPP) Encavis has completed €282 million in long-term non-recourse project financing for a 351 MW solar PV portfolio in Italy. The portfolio comprises nine solar projects, including 265 MW from the Giotto portfolio acquired in 2025 and about 86 MW from four additional projects. Most of the projects are located in Lazio, with others in Puglia, Piemonte and Emilia-Romagna. Encavis says this financing structure also allows for the future integration of battery storage. The financing includes a €244 million term facility, a €10 million debt service reserve facility and a €28 million letter of credit facility, with the term facility maturing at the end of 2049. 
The Ministry of Environment and Energy in Greece has announced a ministerial decision that brings in a new framework for self-generation and consumption of electricity. Effective since September 14, 2026, the framework enables the installation of small solar PV systems with a maximum power of up to 800 W, popularly referred to balcony solar or plug-in solar for self-consumption. It also approves the installation of standalone batteries that are not connected to the grid. It also simplifies the rules for self-consumption to enable wider adoption of renewable energy to lower electricity bills, and ease pressure on the grid. Currently a growing trend across various geographies, including the US, and Britain, the concept of balcony solar first became popular in Germany where it crossed 1.3 million installations till mid-May 2026 (see BVSS: Germany Exceeds 1.3 Million Plug-In (Balcony) Solar PV Systems).  
Lithuania’s government has approved measures proposed by the country’s Ministry of Energy to support local power generation and strengthen the electricity system. The measures include removing barriers to installing solar PV on apartment balconies, promoting energy communities, and coordinating support for solar installations and battery storage. The government said the measures would help households generate their own electricity and maintain essential appliances during power outages. 
The administration of Flanders in Belgium has definitively approved new rules for green and combined heat and power certificates during periods of negative electricity prices. From January 1, 2027, certificates will no longer be awarded for electricity production during periods when prices are negative for at least 15 minutes, compared with the current threshold of six consecutive hours. The rules apply to all installations, with exemptions for smaller systems below 400 kW, and below 200 kW for installations commissioned from January 1, 2026. The government said the change aims to reduce overproduction during periods of surplus electricity and align the support scheme with EU state-aid rules. It will also create a better balance between supply and demand in the market.  
European power purchase agreement (PPA) prices increased by 2.2% month-on-month (MoM) in August 2026, according to Pexapark’s latest market update. It says the EURO Composite Index was driven by a 4.9% increase in Great Britain, following a recalibration of PPA fair values after an updated assessment of the market price of risk. The Nordic markets declined 1.2%, while prices in other European markets were broadly stable. Pexapark also reported that PPA contracting activity slowed during the summer, with 14 agreements totaling about 335 MW, compared with 24 agreements totaling around 1.1 GW in July. 
Irish renewable energy developer Power Capital Renewable Energy has officially launched 290 MW solar energy portfolio. This comprises seven utility-scale solar projects spread across Ireland. This capacity is backed by financial support under Ireland’s Renewable Electricity Support Scheme (RESS) round 2 (see Ireland Selects 1.9 GW+ Under RESS 2 Auction). With the commissioning of this portfolio, Power Capital says its renewable energy portfolio is now closer to 1 GW.  
Greek power utility PPC Group has agreed to acquire ABO Energy’s renewable energy platforms in Poland and Hungary. The transaction involves a renewable energy portfolio of more than 2 GW. The portfolio includes operating and near-completion solar projects, as well as solar, wind and battery storage projects at various stages of development. Dentons advised ABO Energy on the transaction.  
Part of Austria’s Kelag Group, Kelag International is expanding its solar portfolio in Italy with the acquisition of eight PV projects totaling about 64.4 MW. Located mainly in Lombardy and Emilia-Romagna, the projects are expected to generate around 107 GWh annually. Seven projects are ready for construction, while one is at an advanced development stage. The projects feature agrivoltaic designs, allowing solar generation alongside continued agricultural land use. Kelag says it will oversee their further development, construction and operation. 
Croatian agribusiness Žito Group has commissioned a new 3.5 MW solar PV plant at its Čepin Oil Factory. The TUČ 2 project includes 7,050 PV modules and a 4.5 MW/9 MWh battery energy storage system (BESS). The €3.85 million project is expected to generate about 5,500 MWh of electricity annually, primarily for the factory’s own consumption, with surplus power stored in the battery. This, along with another solar power plant commissioned in 2023, Žito says the factory will have more than 60% of its total electricity consumption covered with clean energy.  
TaiyangNews 2024

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