Europe

INVL Renewable Energy Fund I secures EUR 25 million loan from Kommunalkredit Austria AG to back 451 MW of solar parks in Romania and Poland. Construction set to be completed by end of 2025.

Renew your power: R.Power Renewables, a Poland-based energy company, has purchased a 18-MWp solar project portfolio. 306 MWp projects sold and 471 MWp acquired since establishment with more planned. Discover this energy revolution!

Ignitis Group makes historic FID to build 239-MWp solar capacity in Latvia - largest ever such investment in Baltic states. EUR 178 million investment to increase green generation of Ignitis to 4-5 GW by 2030, construction to start in 2021.

Norwegian power company Statkraft AS wins the bid for Spanish infrastructure builder Elecnor SA's renewables unit Enerfin, valued at EUR 1.8 billion. Strengthening its operations in Spain and Brazil, Statkraft secures a share in 1,734 MW of wind and solar projects.

GE Vernova & Alfanar form JV to develop 334MW of wind & solar projects in Spain; targeting ready-to-build status by 2025 & COD by 2027. Plans to explore battery & energy storage solutions.

Greenvolt is striving to be the first to get certified by the Portuguese govt in the near future. Discover the full story and see why this certification matters!

Pacific Green Technologies Inc has taken a majority stake in a 500-MW/2,800-MWh portfolio of BESS projects in Italy, with the CEO noting the move as part of their European expansion. Construction of the facilities to start in late 2025, with a 35-year operating lifespan.

Cero Generation and Macquarie's Green Investment Group have successfully launched the 70-MW Pontinia solar photovoltaic plant in Italy's Lazio region. The agrivoltaic project produces electricity for the grid and two virtual PPAs with Heineken NV and Philips, while also growing agricultural crops on 65% of its surface area.

EDP Renewables has achieved a major milestone with the completion of its first 5 MWp solar park in northeastern France. The Neuilly project will generate enough electricity to meet the needs of 1,200 households and mitigate over 2,500 tonnes of CO2 emissions every year. This is just the start of EDP's renewables expansion into France, with plans to develop 330 MWp of solar capacity and manage an additional 388 MW for clients. Join the French renewable energy revolution and make the switch to clean energy today!

Foresight Solar Fund Ltd (LON:FSFL) sells 50% stake in 99-MW Lorca solar portfolio, 21% premium to value. Funds will be used to reduce credit facility. 200 MW more divestment underway. Alexander Ohlsson highlights successful acquisition strategy.

Kyon Energy has been given approval to construct the largest battery energy storage system in Europe. The 137.5-MW/275-MWh project will be capable of powering one million households for one hour and is set to begin construction in 2021. Kyon Energy is leading the way in energy storage with their 500 MW projects.

Transition to renewables: Uniper is investing €8bn in renewable energy projects in Hungary and plans to end coal-fired electricity production by 2029. With 280MW of solar capacity ready to build, the company will continue to work with local authorities and stakeholders.

Soltec Power Holdings SA is setting a new industry standard with its 5.6MW solar photovoltaic plant in Murcia, Spain. Financing is made possible with a EUR 3.6 million loan from Triodos Bank and local community crowdfunding of EUR 550,000. Enjoy the fixed price of EUR 54 per MWh for 12 years, plus a 5% market price variation. Join Soltec in the renewable energy revolution with its ambitious 1,000MW portfolio goal by 2025.

Ampyr Solar Europe and Multiplex have partnered to bring a 9,000 MWh solar farm to Northwold in Norfolk, England. By 2024, the solar plant will generate clean, renewable energy for Multiplex, meeting their sustainability goals and commitments for reducing emissions.

Experience the future of green energy: Siemens Energy and Air Liquide have joined forces to establish an electrolyser gigafactory in Germany, boasting 1GW of capacity with plans to expand to 3GW by 2025. With the potential to produce 300,000 metric tons of green hydrogen annually, the facility is helping make global green energy goals a reality.