Europe

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.

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.