Europe

Spanish renewables firm Solaria Energia y Medio Ambiente SA (BME: SLR) has actually signed an agreement with banks to safeguard long-term financing for a 736-MW solar PV portfolio in Spain, it introduced on Thursday.

Karavasta project is expected to be commissioned in the second half of 2023

Project gets on a lake near the Amer nuclear power plant in the Netherlands

Building has started on the initial of four battery energy storage space systems (BESS) amounting to 200MW/200MWh from worldwide system integrator Fluence in Lithuania.

UK-based capitalist Aquila European Renewables Income Fund plc (LON: AERS) stated on Wednesday it had finished up the procurement of the 30-MWp Tiza solar PV farm in southern Spain that was first introduced in mid-May this year.

Spanish developer Energia Inovacion y Desarollo Fotovoltaico SA (BME: EIDF) claimed that it has actually authorized a financing contract to bankroll the building of 19.34 MW of solar self-consumption projects for the commercial and industrial (C&I) field in Spain.

A Norwegian startup has actually patented a floating planetary system constructed from panels laminated flooring on top of double-aluminum sheets. The pre-stringed floats are turned out on site and hauled into area.

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.

Investment includes share in a 420MWh pipe of future projects

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

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.

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.

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.

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.

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.