Europe

Europe will certainly need a total of 187GW of power storage by 2030 and also 600GW by 2050 to meet its renewable energy targets, according to the European Association of Energy Storage (EASE).

French multi-energy group TotalEnergies SE (EPA: TTE) and also power manufacturer General Electricity Company of Libya (GECOL) have introduced a 500-MW solar project in the north of Libya.

German power group Uniper SE (ETR: UN01) announced on Monday that it has entered into an off-take contract with a system of Enerparc AG for the purchase of 208 GWh of solar power annually.

Solar power and clean water options group Photon Energy claimed on Monday it prepares to add a solar energy portfolio with a complete generation capacity of 32MWp by the end of this year in Romania.

Spanish utility Endesa SA (BME: ELE) claimed on Monday that it has actually signed a ten-year contract to provide 100% renewable power to resort chain Hoteles Santos and all of its establishments in Spain.

Electric utility Burgenland Energie AG has actually begun the building of Austria's largest solar park with a capacity of 120 MW in the east of the Alpine nation.

Burwell and also Porth Wen projects will certainly deliver very first power in the fourth quarter of 2022

French eco-friendly power plants operator Voltalia SA (EPA: VLTSA) on Thursday revealed the commissioning of an 8.16-MW solar park in the southeastern region of Provence Alpes Cote dAzur.

Nordic Solar A/S is developing a 33-MWp solar park on the Danish island of Als that will be supplying electricity to the nation's only paper mill later on this year, the company announced in a declaration.

Ilmatar is researching the possibility of developing an as much as 130MW solar ranch in the Loimaa area of Finland.

EirGrid, state-owned power grid of Ireland, has just recently released the list of final bidders winning the auction of twin releases-- 414 MW onshore wind and also 1534 MW solar-- under the aegis of Renewable Electricity Support Scheme 2 (RESS 2). The auction laid to rest the price bands as the average rate of the winning bids stood at EUR97.87 (~$ 101.80)/ MWh.

European developers will certainly be the primary beneficiaries of existing higher wholesale prices and favourable business economics for renewables projects over the next decade, according to a report from advising company Edison Group.

Spanish sustainable power and gas distributor Audax Renovables SA (BME: ADX) has authorized numerous agreements with mutual fund IKAV to allow the Hamburg-based company become its partner in some 230 MWp worth of solar ventures in Spain.

Spanish sustainable power manufacturer Grenergy Renovables SL (BME: GRE) has gone into the German market where it intends to attain a solar project growth pipeline of a minimum of 3 GW by 2025.

Project in the Ventspils area will certainly be the country's biggest PV park as well as programmer's very first in the country