Europe

Europe's solar heat capacity to get to 140 GWth by 2030

Solar heat in Europe might grow to 140 GWth of set up capacity at the end of the years with a possible to get to 2,000 GWth by 2050, industry association Solar Heat Europe claimed in a roadmap developed to speed up heat decarbonisation throughout the continent.

Jun 29, 2022 // Markets & Finance News, Europe, Pedro Dias

Swiss Life acquires German battery storage stake

Investment includes share in a 420MWh pipe of future projects

Jun 29, 2022 // Storage, Germany, Europe, Swiss Life, Marc Schürch

Germany lastly offers energy storage space its own legal definition

The German parliament has passed law amendments giving energy storage its very own lawful definition, in a move invited by industry sources.

Jun 29, 2022 // Storage, Policy, Germany, Europe

Spanish IPP Opdenergy intends to raise as much as US$ 210m through IPO

Spanish independent power manufacturer (IPP) Opdenergy is preparing to introduce an initial public offering (IPO) to finance its target of reaching 3.3 GW of renewables properties in operation and also under construction by 2025.

Jun 29, 2022 // Markets & Finance News, Spain, IPP, IPO, Europe, finance, OPDEnergy, initial public offering

Grenergy seeking to raise US$ 95m to speed up growth in Europe as well as storage space advancement

Spanish developer Grenergy has launched a EUR90 million (US$ 94.8 million) accelerated capital boost to fuel development in Europe and develop its power storage space capacity.

Jun 29, 2022 // Markets & Finance News, ENERGY STORAGE, Germany, Europe, Grenergy Renovables, capital raise, Grenergy, europe solar

Austria generates 90% of its power in May from renewables

The share of power from sustainable resources in Austria rose to about 90% in May and temporarily got to 100% during among the weeks, causing a sharp decline in the demand for power imports.

Jun 28, 2022 // Markets & Finance News, Europe, Austria

Spain's earnings clawback plan 'would harm renewables investment motivation'

A suggested law in Spain focused on clawing back revenues from emissions-free nuclear power plant would develop threats for renewables investors as well as favour fossil fuel-fired generation, according to trade teams that have advised the European Union (EU) to intervene.

Jun 28, 2022 // Markets & Finance News, Policy, Spain, Europe, European Union, windeurope, Eurelectric, REPowerEU, AELEC

Romania's Cemacon to invest 1.05 mln euro in 455 Wp PV park

Romanian structure materials producer Cemacon [BSE: CEON] said that it intends to spend 1.053 million euro ($1.11 million) in a 455 Wp photovoltaic park.

Jun 28, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Europe, Romania, PV Power Plant, Cemacon

Aquila launches 50MW Spanish PV

Albeniz solar farm benefits from a PPA with Statkraft

Jun 28, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, PV Power Plant, aquila

Alternus to buy 184MW Polish PV

Projects range in size from 1MW to 10MW and are presently had by Projekt Solartechnik

Jun 28, 2022 // Markets & Finance News, Poland, Europe, Vincent Browne, Alternus

EnBW buys up to 800MW of German PV projects from Procon Solar

Solar designer Procon Solar GmbH has actually sold a 400MW PV project pipeline to German power company EnBW, with the potential for this to fold the next year as EnBW targets 50% of renewables in its generation mix by 2025.

Jun 28, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, pv power plants, Europe, enbw, procon solar, Projects, project acquisition, Brandenburg

R.Power targeting 1GW of solar PV in Italy over the following year

Polish PV developer R.Power is targeting the development of 1GW of solar projects in Italy in the following twelve month.

Jun 27, 2022 // Plants, Italy, pv power plants, Europe, r.power, permitting, project permitting

Sunlight Group bags US$ 290 million in finances

Greece-based battery maker Sunlight Group has received EUR275 million (US$ 290 million) in car loan funding to expand production and study.

Jun 27, 2022 // Manufacturing News, Markets & Finance News, Storage, Greece, Germany, Europe, lithium-ion, loans, gigafactory, Sunlight Group

Alternus to acquire 184MW Polish PV

Projects range in size from 1MW to 10MW and also are presently owned by Projekt Solartechnik

Jun 27, 2022 // Plants, Large-Scale, Commercial, Poland, Europe, Solar Farms, Vincent Browne, Alternus, Maciej Marcjanik

R Power plans 1GW of Italian PV in one year

Agreements signed with landowners in the last month for solar farms of over 100MW

Jun 24, 2022 // Plants, Large-Scale, Commercial, Italy, Europe, R Power

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