Europe

GreenIT, a joint venture of Plenitude and CDP Equity, has signed an agreement with Galileo for 8 solar projects totaling 140MW in Italy. This €1.7bn Industrial Plan will contribute to GreenIT's portfolio and enable Galileo's European expansion.

Greece's RAAEY is launching a tender for 200MW of renewable energy projects in Bulgaria & Italy. Solar projects of 1MW & wind schemes of 6MW can bid & sell their output daily on the Greek day-ahead market. Deadline to apply is March 11. Winners announced April 25. Commission capacity in 30/36 months. Promoting pan-EEA energy project development.

Spain made history in 2023: 50.4% of its electricity came from renewables, led by wind & solar. With ambitious goals, the government is pledging a 74% renewables mix by 2030.

Statkraft has enabled Gresham House & Workspace Group to secure power for 10 years from the 20MW Beavor Grange Solar Farm in Devon, providing budget certainty and helping to triple renewable energy capacity by 2030.

Greece starts 2021 with 240 MW of green energy initiatives - two solar parks and three wind projects, including a 96-MW PV complex in Thessaly, approved to bring clean energy to the country.

Shanghai Electric has completed two renewable energy projects in the UK: REP1&2 BESS and Fiskerton II-A solar site. Generating 128,117 MWh of green energy annually, these projects will provide a significant contribution toward a sustainable future.

GP Joule's new Blackhall Solar Farm could revolutionize clean energy - help the nation reach its renewable energy target and make a lasting impact.

Soltec and CIP have joined forces to drive the green transition in Denmark, selling 850 MW of early-stage solar projects to CIP's Energy Transition Fund I. The projects span Denmark, with most located in the Jutland region, allowing both parties to participate in the booming Power-to-X industry.

Neoen is quickly expanding their presence in Italy with the construction of their first three renewable energy projects. These 24.7MW solar farms in Lombardy and Marche will be operational in 2025, helping the government reach its 40% renewable energy goal. Intec Energy Solutions has been contracted as the solar EPC provider.

GreenYellow acquires 20MW of renewable projects from Demeter Investment Managers, creating 7.7GWh of electricity a year. Their mission: helping businesses & communities in their energy transition, with innovative & sustainable projects.

The Emeren Group Ltd has reached a remarkable success with 1GW of battery storage systems across Europe, North America, and Asia. Joining forces with Matrix Renewables, Enerpoint, and Kaizen Invest Holding, the company now has 975MW of projects and Ready-To-Build status in 2025. With a 3GW portfolio and 10GWh storage pipeline, Emeren is leading the industry.

ERG, an Italian IPP, acquires 73.2MW portfolio of wind and solar projects in France with an enterprise value of €86 million. Contract-for-difference and PPA benefit, plus 674MW capacity in Europe, creating 20% from photovoltaic energy. Closing by Jan 2024.

LONGi and Nofar Energy Romania have reached an agreement for a 576MW PV project in Romania, with Hi-MO 7 modules and ESG-compliant financing from a leading banking corporation. Mirel Jarnea and Favi Stelian are excited for the progress and future of sustainable energy in Romania.

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.