Europe

Portugal to waive environmental impact researches for solar plants under 50MW

Portugal will certainly stop calling for environmental effect evaluations for new solar projects with a capacity of under 50MW as part of federal government efforts to accelerate PV deployment.

Mar 30, 2022 // Plants, Markets & Finance News, Portugal, Europe, permitting, joao galamba, LSSEU

Europe can halve gas usage, save US$ 350bn by 2030 by doubling renewables release

Europe can cut in half the amount of gas in its energy mix and decrease energy costs by EUR323 billion (US$ 356 billion) if it rapidly accelerates renewable release, according to a brand-new report from energy technology group Wärtsilä.

Mar 29, 2022 // Markets & Finance News, Ukraine, Europe, European Union, IEA, european commission, Wartsila, Fossil Fuels, energy crisis, russian gas

Gore Street suggests ₤ 75m fundraise to pursue 1.3 GW pipeline

Gore Street Energy Storage space Fund is seeking to increase ₤ 75 million via the issue of 68,181,818 new ordinary shares to money the purchase and building and construction of a new pipeline.

Mar 29, 2022 // Markets & Finance News, Storage, UK, Europe, Gore Street

Construction kicks off on 50MW TagEnergy and also Harmony Energy battery storage site

Construction has commenced on a 49.5 MW/99MWh standalone energy storage space system following brand-new financing from Santander UK.

Mar 29, 2022 // Markets & Finance News, Storage, TESLA, UK, Europe, Harmony Energy, Peter Kavanagh, tagenergy

Kwarteng 'proposes beefed-up wind, solar targets'

FT reports BEIS Secretary going for 50GW and also 30GW from PV and also onshore specifically by 2030

Mar 29, 2022 // Markets & Finance News, UK, Europe, BEIS, Kwasi Kwarteng

Sungrow Expands UK Presence With 362 MW/391 MWh Storage Space Project For Statera

Energy storage space remains to grow for the top tier inverter firm. European countries, particularly the UK remain in the midst of a significant transition to renewables, and the demand for energy storage will certainly be robust for the foreseeable future.

Mar 29, 2022 // Storage, Sungrow, UK, Europe, Tom Vernon, frequency response

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

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