Europe
SSE Lands Energy Optimisation Deal for 249-MW Battery
SSE Energy Supply Ltd has been contracted to optimize a 249 MW/373.5 MWh Battery Energy Storage System (BESS) in Kent, England for 10 years. Sheaf Energy Park is set for July 2025 commissioning, with Pacific Green Battery Energy Parks 2 Ltd. powering the BESS with a 10-year, GBP 120 million debt. Balance demand & supply: transition to renewable energy with this energy storage system.
Nov 28, 2023 // Storage, UK, Europe, SSE
Alter Enersun Lights Up 24 MWp in Spain
Alter Enersun has commissioned two solar farms in Extremadura, Spain with a total capacity of 24 MWp and investment of EUR 18.5 million. These two solar farms are expected to generate 47 GWh of electricity yearly, enough for 13,000 households. Plus 3 more solar farms under construction in the region.
Nov 28, 2023 // Plants, Large-Scale, Commercial, Spain, Europe, PV Power Plant, Alter Enersun
155MW Romanian PV Site Powers Up
The Ratesti Solar Project is the largest of its kind in Romania: the 155MW facility has started commercial operation with a €102m investment. Reducing CO2 emissions by 168,000 tons annually, it will supply green electricity to 100,000 households. Econergy plans to connect 648MW of PV and Wind Projects and 102MW-hours of energy storage in the next five years. Start powering your future with Ratesti Solar Project.
Nov 27, 2023 // Plants, Large-Scale, Commercial, Europe, Romania, pv power plaqnt
Italy Doubles Solar Deployments in 2023
Discover how Italy more than doubled its solar capacity in the first nine months of 2023. Learn how residential and industrial sectors contributed to the growth, and find out which regions achieved the highest output.
Nov 27, 2023 // Markets & Finance News, Italy, Europe
Greece Shines: Karatzis Group Building 271 MW Solar Parks
Karatzis Group is building three 270.8 MW solar parks in Thessaly. Cost is estimated to be EUR 190.8 million with financing from Greece's Recovery & Resilience Fund and Karatzis' cash flows. Equipment supply contracts signed and expected to go into commercial operation in 2021. PPA with Mytilineos SA and grid-connection for 330 MW of solar parks also in progress.
Nov 24, 2023 // Plants, Large-Scale, Commercial, Greece, Europe, PV Power Plant, Karatzis Group
Axpo Solarises Swiss Alps
Axpo Holding AG is building a 10-MWp alpine solar plant in Switzerland, with 36,000 solar panels spanning 120,000 square metres, set to generate 13 GWh of electricity annually. Join Axpo on their "solar offensive" to reach 1.2GW of solar power capacity by 2030!
Nov 24, 2023 // Plants, Large-Scale, Commercial, Axpo, Europe, Switzerland, PV Power Plant
Goldbeck Secures €13M for Dutch 33.3-MWp Solar Duo
Goldbeck Solar achieved financial close on EUR-13-million debt facility to construct 33.3 MWp solar projects in the Netherlands. Construction of two parks currently underway in Rilland with funding from Triodos Bank and overall investment of EUR 26 million. Goldbeck Solar has installed 2 GWp of PV capacity since 2001.
Nov 24, 2023 // Markets & Finance News, Europe, Netherlands, PV Power Plant, Goldbeck
NextE Signs Record 25-yr Corp PPA in Romania
Revolutionizing Romania: NextE signs 25-year PPA with RAAL for 7.4MW PV facility, with ProCredit Bank providing EUR 3.15 million green loan. EU adds to support via Recovery & Resilience Facility while Hidroelectrica cancels tender for largest solar project in Europe.
Nov 24, 2023 // Plants, Large-Scale, Commercial, PPA, Europe, Romania, NextE
Statera Secures £300M for UK's Largest Battery Storage
Statera Energy secures £300m financing for 400MW energy storage system in Essex, England. This strategically located project is key to UK's transition to net zero and will provide energy system resilience. Financing led by Lloyds Bank and Statkraft support this project as testament to its quality.
Nov 24, 2023 // Markets & Finance News, Storage, UK, Europe, Statera
Neste Strikes Solar PPA: 24GWh/yr for Porvoo Refinery
Neste strikes a power purchase agreement with renewable energy company CPC Finland Oy to supply 24GWh of solar power to its Porvoo refinery. Get 75% of your electricity from renewable energy with Neste's long-term commitment.
Nov 24, 2023 // Plants, Large-Scale, Commercial, PPA, Europe, Finland, Neste
Statera Secures €345M for UK BESS, Power Projects
Statera Energy Limited secures GBP 300 million in debt financing to deliver the UK's largest 300-MW/600-MWh BESS project near Greater London. Statkraft support enables the financing of over 16 GW of Statera projects, with 7.5 GW expected to be operational by 2030.
Nov 23, 2023 // Storage, UK, Europe, Statera Energy
Modus Secures Debt for 22-MW Lithuanian Solar
Modus Asset Management secures EUR 14 million from SEB Bank to finance the purchase of a solar portfolio in Lithuania with bifacial photovoltaic panels and single-axis trackers. This acquisition brings Modus' solar portfolio up to 76 MW and is expected to generate 26 GWh of electricity annually.
Nov 23, 2023 // Markets & Finance News, Europe, Lithuania, modus
Voltalia Secures PPA for 34MW Solar in UK
Voltalia secures PPA with Co-op for 34-MW Eastgate solar project in Northern England. Co-op to purchase green energy for 15 years, enough to power 170 food stores and 500 funeralcare homes, helping reach net zero operations by 2035.
Nov 23, 2023 // Plants, Large-Scale, Commercial, UK, PPA, Voltalia, Europe
Europe's Largest Solar Plant Halted in Romania
Discover why Romania's largest solar power project in Europe was cancelled. Learn how private companies are blocked from building projects over 50 hectares outside urban areas and read about Germany's 800MW floating solar power plant in Bulgaria!
Nov 22, 2023 // Plants, Europe, Romania, PV Power Plant
Gresham House Energizes 50MW UK BESS
Gresham House Energy Storage Fund energises West Didsbury 50MW battery in Manchester, England. Operational capacity reaches 690MW with revenue expected in December. Expansion to 100MWh in 2024 and 1.1GW/1.7GWh of projects by year end. Each megawatt/megawatt-hour capacity lowers cashflow and more commissioning announced soon.
Nov 21, 2023 // Storage, UK, Europe, Gresham House
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