Europe

UK-based Xlinks plans to build 10.5 GW of wind and also solar in Morocco as well as sell the power in the UK. London-based investment firm Octopus Energy said it signed up with pressures with the project developer, Xlinks, to aid it progress with building.

Norwegian power company Statkraft A/S stated today that it has begun developing a 55-MWp solar farm in the Spanish region of Extremadura.

Partners intend to develop multiple projects in the center and southern parts of the Nordic nation

Baltex Progetti has a 300MW pipeline that consists of solar projects in Sicily and Sardinia

Powering electrolysers with renewables generation that would certainly otherwise be stopped could be an efficient approach for generating green hydrogen in the coming years until the H2 sector gain from additional price declines, it was recommended throughout a panel discussion.

Both parties came near an arrangement of PLN175 m (EUR38.5 m) to finance the plants

The 10-year deal is with Air Liquide to power its industrial and medical gas manufacturing operations

More than 60 self-consumption PV parks will certainly be set up at Faurecia's sites throughout Europe, the US and Asia

First and second tenders had finished with 168 and 209 propositions quoting the average prices of EUR0.0688/ Rs 5.62 and also EUR0.0743/ Rs 6.06 a device respectively.

Storegga introduced a ₤ 51.3 m funding increase on May 17 from a host of international backers. UK firms delighted in the confidence of international financiers depending on it to drive the transition to net zero.

Spanish-Japanese renewables developer Univergy Solar revealed today that it has actually concluded construction of a roughly 4.5-MW solar park in a village in south-east Spain.

Romanian concrete items maker Prebet [BSE: PREB] claimed it had signed an agreement with Electrica Furnizare for the procurement and advancement of a 0.4 MW solar nuclear power plant.

Georgia will invest $200 million in wind, hydropower as well as solar projects. Deputy Economy Minister Romeo Mikautadze said that the locations for the renewable projects have already been picked in the Gori, Ksani and Aspindza regions.

German EPC company Goldbeck Solar GmbH and its partner Respect Energy S.A. have protected a PLN-635-million (USD 140.65 m/EUR 135.44 m) lending for a 286-MWp solar project in Poland with the first stage of the park expected to browse the web in June.

The globe included record amounts of renewable energy last year with 295GW of capacity deployed, up 6% year-on-year, regardless of supply chain restraints, project delays and high commodity costs, according to the International Energy Agency (IEA), which additionally anticipates virtually 320GW to be deployed this year.