Europe

Rubis Photosol secures EUR 60 million loan from Bpifrance, BRED Banque Populaire and CIC for 8 solar projects, ranging 2MW-20MW. Two projects in Bellac and Mainzac will supply energy to Leroy Merlin. Construction underway, with Rubis Photosol managing operations and maintenance.

Statkraft is investing EUR 30 million in El Rancho, a 42.2-MW solar farm in Andalusia, Spain. This massive project will generate enough clean energy to power 30,000 homes annually, taking Statkraft's total investments in the region to a staggering EUR 500 million.

MEC Group acquires 51% stake in EnergieSun, a German rooftop solar developer, to expand its renewable energy portfolio. EnergieSun specializes in small to mid-size systems for private customers, with capacity to install up to 200 each month.

Iberdrola's new 86MW hybrid facility in Cedillo, Spain is the first of its kind in the country. Combining hydroelectric and photovoltaic technologies, the project minimizes environmental impact and creates more stable and efficient renewable production. Iberdrola has plans to invest in more hybrid plants, with 5200MW already installed in Extremadura.

Renewable energy producer Neoen has won four solar projects totaling 104.4 MWp in a tender, including three agrivoltaic initiatives to combine sheep farming with solar power generation. When complete, these projects will provide enough clean energy to power 50,000 people in France.

Ready for power? 2021 will bring a surge of grid-connected projects that will transform energy supply. Get the details now!

Octopus Renewables Infrastructure Trust plc is proposing a merger with Aquila European Renewables plc, to create one of the largest London-listed renewable energy investment trusts, expected to have a market capitalisation of GBP 745 million. ORIT awaits AERS' response as they enter into further discussions in the New Year.

The European Union has allocated €2.17 billion from the Modernization Fund to help nine Member States reduce GHG emissions and improve energy efficiency. Greece, Portugal and Slovenia to benefit from 2024. A joint effort between the EU, EC and EIB.

Valorem secures ETA for 300 MW solar project in Thessaly, powering 40,000 homes with 550 GWh of electricity each year. REN VALOREM Hellas is set to develop 700 MW of renewable energy in Greece.

Goldbeck Solar GmbH & Suncatcher Gruppe successfully sold a 9-MWp solar power complex in Barlinek, Poland. The 16,500 solar panels are estimated to provide clean energy to 4,000 households. Operations began in December 2023 - the first solar system of its kind in Poland.

Nordic Solar A/S has begun construction on a 53-MWp solar park in Central Spain, set to supply 28,000 European households annually with renewable energy. This ambitious project is in partnership with Elecnor SA and adds to Nordic Solar's 390 MWp of operational solar capacity across Europe.

Voltalia reaches milestone with 140-MW Karavasta solar park, helping to offset over 29,160 tonnes of carbon dioxide emissions every year and providing enough electricity for 220,000 Albanian residents.

Axpo Holding AG, a Swiss power producer, is aiming to revolutionize Italian energy production with 10 GW of solar PV capacity across Europe. Projects include a 3 MW facility supplying Novelis' factory in Lombardy and a 13 MW agrivoltaic park in Calabria. Get ready for a greener future in Italy!

X-Elio secures €35m from Bankinter to develop, operate and maintain three projects totaling 67 MW in Spain, furthering the company's commitment to addressing climate needs.

Revolutionary new technology for producing green hydrogen cheaper & more efficiently developed by IIT & BeDimensional S.p.A. using small ruthenium particles & solar-powered water electrolysis. Ruthenium costs 40 mg/kW - competitive & long-operating life. Up-scaled electrolysers powered by renewable energy sources will be next!