Europe

Masdar to establish approximately 10GW of renewables in Azerbaijan in two phase arrangement

UAE-owned renewable resource firm Masdar has penned a contract with the Ministry of Energy of the Republic of Azerbaijan to develop up to 10GW of renewables in the country as Masdar continues to increase its worldwide existence.

Jun 7, 2022 // Markets & Finance News, Masdar, pv power plants, Europe, green hydrogen, Azerbaijan, export

'Unprecedented' power prices driving commercial PV interest, ROOF claims as it details 500MW pipeline

Commercial solar firm Atrato Onsite Energy (ROOF) has developed a 496MW pipeline of assets, with the business anticipating interest in PV to rise with the increase in energy bills.

Jun 6, 2022 // Commercial, Markets & Finance News, UK, Europe, Atrato Onsite Energy, ROOF

Diageo gets green light for 4.1 MW solar farm in Fife

Beverage company Diageo has been given the green light by Fife council for the building of its 4.1 MW solar farm.

Jun 6, 2022 // Plants, Large-Scale, Commercial, UK, Europe, solar farm, Diageo, Fife, Gavin Brogan

RWE fires up 60MW battery in Ireland

The Lisdrumdoagh project will help balance intermittency in electrical energy generation

Jun 6, 2022 // Storage, Ireland, Europe, rwe, Cathal Hennessy

Lithuanian handled fund to build 166MW PV in Romania

INVL Renewable Energy Fund 1 will spend EUR120m on the projects that are due online in 2024

Jun 6, 2022 // Markets & Finance News, Europe, Romania

SMA plots significant solar inverter manufacturing capacity expansion

Solar inverter manufacturer SMA has unveiled plans to increase its manufacturing capacity by 2024 at its Germany head office.

Jun 6, 2022 // Manufacturing News, Plants, Inverters, Germany, Europe, SMA, sma solar technology, inverter manufacturing, capacity expansion, production capacity, inverter manufacturer

Opdenergy bags EUR 50m in debt for more solar in Spain, US

Spanish renewable power manufacturer Opdenergy Holding SA has secured EUR 50 million (USD 53.6 m) in debt financing to back the advancement of solar projects in your home and also in the United States.

Jun 3, 2022 // Markets & Finance News, USA, Spain, Europe, North America, OPDEnergy, Luis Cid

GreenVolt gets 65.2 mln euro loan for 45 MWp solar park acquisition in Romania

Portugal-based renewable resource producer GreenVolt has gotten a 65.2 million euro ($69.7 million) syndicated loan to finance the acquisition of a 45 MWp solar park in Romania, the loan providers announced on Thursday.

Jun 3, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Europe, Romania, Solar Park, Greenvolt

SMA Solar to double manufacturing capacity to 40 GW by 2024

Photovoltaic (PV) inverters maker SMA Solar Technology AG (ETR: S92) is planning to construct a new gigawatt factory and increase the production capacity at its German headquarters to virtually 40 GW by 2024 amid projections for growth in the green power sector.

Jun 3, 2022 // Manufacturing News, Markets & Finance News, Germany, Europe, sma solar, Juergen Reinert

Estonia's Sunly, Scener to offer balancing services in Poland

Estonian renewable power producer Sunly AS stated on Friday that it will begin supplying balancing services in Poland with its joint venture (JV) with compatriot Scener.

Jun 3, 2022 // Plants, Poland, Europe, Estonia, Sunly, Scener

Instalcom to be principal contractor for Pacific Green Technologies' 100MW BESS development

Pacific Green Technologies has actually selected Instalcom Limited as the principal contractor for its 99.98 MW Richborough Energy Park battery energy storage system (BESS) in Kent.

Jun 2, 2022 // Storage, UK, Europe, Pacific Green, Instalcom

ROOF invests in 6MW Marks & Spencer UK solar roof system

Atrato Onsite Energy (ROOF) has actually spent ₤ 6.6 million right into a rooftop solar PV system located atop what it said is a major Marks & Spencer (M&S) warehouse.

Jun 2, 2022 // Markets & Finance News, Rooftop PV, UK, Europe, Marks & Spencers, Francisca Wiggins

Ørsted chief executive officer requires faster renewables release as Gazprom halts gas supply to Danish company

A decision by Russia's Gazprom to stop providing gas to Ørsted highlights the requirement for the European Union (EU) to speed up renewables deployment, the chief executive officer of the Danish energy business has said.

Jun 2, 2022 // Markets & Finance News, Policy, Europe, Denmark, European Union, gazprom, Orsted, gas, REPowerEU, ukraine crisis

IKEA proprietor Ingka acquires shovel-ready solar and wind assets in Poland

IKEA proprietor Ingka has actually acquired shovel-ready solar and wind assets in Poland from renewables programmer OX2 in a EUR190 million (US$ 203 million) deal.

Jun 2, 2022 // Markets & Finance News, Poland, Europe, ikea, ingka group, project acquisition, OX2, ingka investments, ready-to-build, solar and wind

BNZ cleared to start service 49-MWp solar plant in Portugal

Independent power producer (IPP) BNZ, part of London-based fund manager Glennmont Partners from Nuveen, has obtained authorisation to start building of a 49-MWp solar plant in Portugal's North area.

Jun 1, 2022 // Plants, Large-Scale, Commercial, Portugal, Europe, solar plant, BNZ

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