Europe

Croatia's Granolio, affiliates to invest 31 mln kuna (4 mln euro) in solar parks

Croatian cereals trader Granolio [ZSE: GRNL] and two affiliate firms plan to spend an overall of 31.2 million kuna ($4.5 million/4.1 million euro) in solar power plants under deals with regional renewable resource firm Energo Solar, Granolio said on Monday.

Mar 28, 2022 // Large-Scale, Commercial, Markets & Finance News, Europe, solar parks, Croatia, Granolio

Italy introducing EUR-1.5 bn procedure for rooftop solar in farming

A mandate that attends to the launch of a EUR-1.5-billion (USD 1.65 bn) step to support solar in Italy's agricultural field was joined Friday by agriculture priest Stefano Patuanelli.

Mar 28, 2022 // Markets & Finance News, Rooftop PV, Italy, Europe, rooftop PV

Spanish company EiDF bags IKAV's funding for 48-MW solar portfolio

Spanish solar energy outfit Energia Inovacion y Desarollo Fotovoltaico SA (BME: EIDF) claimed on Monday that it has gotten to an agreement with Hamburg-based mutual fund IKAV to safeguard financing for a 48-MW portfolio of 30 PV projects in Spain.

Mar 28, 2022 // Markets & Finance News, Spain, Europe, EiDF

Building and construction work starts on 9 MWp solar project duo in Bavaria

German municipal utility Stadtwerke Muenchen (SWM) has actually released building work with two projects for ground-mounted solar farms with a mixed outcome of 8.98 MWp in the state of Bavaria which will provide green electricity to greater than 4,000 households.

Mar 28, 2022 // Plants, Germany, Europe, PV Power Plant, Bavaria

Terna to invest US$ 10.45 bn to improve Italy's grid, expanding cross-border connections

Italian grid driver Terna will certainly invest EUR9.5 billion (US$ 10.45 billion) to aid improve the country's nationwide transmission grid and construct cross-border affiliations, paving the way for less complicated accessibility for renewables.

Mar 25, 2022 // Markets & Finance News, Grids, Italy, Europe, grid congestion, Terna, Stefano Donnarumma

BNZ obtains go-ahead to develop 53-MWp solar plant in Italy

Independent power producer (IPP) BNZ, part of London-based fund manager Glennmont Partners, has obtained authorisation to commence the construction of a 53-MWp solar plant in Italy's Lazio region.

Mar 25, 2022 // Plants, Italy, Europe, solar plant, BNZ

Aquila to acquire 100MW Spanish PV duo

Greco portfolio consists of 2 projects presently under construction in Andalucía

Mar 25, 2022 // Plants, Spain, Europe, aquila

OX2 Acquires 500 MW Wind and Solar Projects in Greece

OX2 claimed that the wind and solar projects are located in different regions of Greece and remain in different stages of advancement. The monetary information of the bargain are not divulged.

Mar 25, 2022 // Markets & Finance News, Greece, Europe, Wind Energy, Paul Stormoen, OX2 AB

Romania's OMV Petrom completes 4.6 GWh PV park

Romania's top oil and gas team OMV Petrom [BSE: SNP] claimed on Thursday it has completed a 4,600 MWh photovoltaic or pv park in Icoana, Olt county, which will supply green power for its very own procedures.

Mar 25, 2022 // Plants, Europe, Romania, PV Power Plant, OMV Petrom

Obton bags syndicated loan for 116 MW of solar parks in Italy

Danish investment company Obton has secured more than EUR 400 million (USD 441.2 m) in debt from a consortium of loan providers to refinance and also revamp a 116-MW portfolio of solar parks located at brownfield sites in Italy.

Mar 25, 2022 // Plants, Large-Scale, Commercial, Italy, Europe, obton, Solar Park

Tesla opens gigafactory in Germany

The first Model Y electric cars have rolled off the assembly line at the US electric car producer's first European factory.

Mar 24, 2022 // Manufacturing News, Transport, TESLA, Germany, Elon Musk, Europe

German association calls for law changes to promote solar repowering

The German federal government should amend the current Renewable Energy Act (EEG) to sustain the repowering of solar parks on the way to the objective of boosting solar capacity to 200 GW by 2030, according to the Association of Energy Market Innovators (BNE).

Mar 24, 2022 // Policy, Germany, Europe, BNE, Association of Energy Market Innovators

ReneSola development pipeline gets to 2.2 GW amid 'great demand' for solar in Europe

Solar developer ReneSola Power greater than doubled its project pipeline in 2021 and expects to maintain growth this year amid rising demand for renewables as European markets seek to attain even more energy independence.

Mar 24, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Poland, Europe, financial results, North America, renesola, ReneSola Power

Homeowner dominate power storage market in Germany: Study

The study finds that Home Storage Systems (HSS) make up 93% of Germany's storage market et cetera 7% is dispersed among industrial as well as large scale sectors. An overwhelming number of brand-new storage installations in 2021 were of lithium-ion.

Mar 23, 2022 // Market Research, Germany, Europe, ISEA, Energy storage systems, BVES, Energie Consulting, Home Storage Systems, Institute for Power Electronics and Electrical Drives, RWTH Aachen University

OX2 plans 300 MW of solar projects in Italy

Swedish renewables developer OX2 AB (STO: OX2) intends to develop a 300-MW pipe of solar projects in Italy, according to its legal adviser Watson Farley & Williams (WFW).

Mar 22, 2022 // Plants, Large-Scale, Commercial, Italy, Europe, solar projects, OX2

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