Europe

Foresight Solar Sells Half Stake in 99-MW Spanish Portfolio
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.
Nov 16, 2023 // Markets & Finance News, Spain, Europe, Foresight Solar Fund Ltd
Kyon's Largest Battery in Europe
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.
Nov 14, 2023 // Storage, Europe, Kyon
Hungary: 280MW Solar Spike by Uniper, Callis Zrt
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.
Nov 14, 2023 // Plants, Large-Scale, Commercial, Hungary, Europe, PV Power Plant
"Crowdfunded" Solar: Soltec Inks 5.6-MW Loan
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.
Nov 13, 2023 // Plants, Markets & Finance News, Spain, Europe, Soltec, PV Power Plant
Ampyr Powers UK Solar PPA with Multiplex
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.
Nov 10, 2023 // Markets & Finance News, UK, PPA, Europe, Ampyr Solar Europe, Multiplex
Green Hydrogen Revolution: Germany's Electrolyser Gigafactory
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.
Nov 10, 2023 // Solar to Fuel, Germany, Europe, Air Liquide, Siemens Energy
EBRD to Boost Photon Energy Solar Projects in Romania, Poland
Photon Energy seeks an EBRD loan of up to €15 million to finance up to 20-30MW of solar power plants in Romania and Poland. With the loan covering half the cost of the plants, Photon Energy can now participate in capacity market and energy system services auctions. With a portfolio of 123MW in small-mid PV power plants and listing on 3 stock exchanges, Photon Energy is a leader in the industry, headquartered in Amsterdam.
Nov 9, 2023 // Plants, Large-Scale, Markets & Finance News, Poland, EBRD, Europe, photon energy, Romania, Solar Project
Bulgaria Launches 200 MW Rooftop Solar Push
Discover how Bulgaria is taking measures to increase the deployment of rooftop solar energy and its potential impact on households. Learn how legislation changes are promoting green energy use in the Balkan country.
Nov 8, 2023 // Rooftop PV, Europe, Bulgaria
R.Power Acquires 91 MWp Solar Projects in Poland
R.Power acquires a 91 MWp portfolio of photovoltaic projects in Poland, backed by EUR 250 million from investors like Three Seas Fund & EBRD. Join us on the journey as we expand into European markets.
Nov 8, 2023 // Markets & Finance News, Poland, Europe, r.power, Solar Project
Altea's 1GW Black Bess: Italy's Renewable Energy Future
Altea Green Power is revolutionizing energy storage with its 1GW Black Bess project in Italy. With 4 sites and 5.5GW capacity by 2026, the company is ready to bring sustainable energy to the world. Join CEO Giovanni Di Pascale as he leads the way to a brighter future.
Nov 7, 2023 // Storage, Italy, Europe, Altea Green Power
200MW Murcia Solar: TotalEnergies & Soltec Forge Ahead
TotalEnergies and Soltec have achieved a major milestone with their solar project in Spain. With 337,174 bifacial photovoltaic modules and 5341 solar trackers, the Luminora Solar Dos project will bring 2200 jobs and energy savings to the local towns. Studies by TotalEnergies, UAM and CTFC to reduce environmental impact are also underway.
Nov 7, 2023 // Markets & Finance News, Spain, Europe, Soltec, Solar Project, TotalEnergies
GBP 120M: Pacific Green Backs UK BESS Project
Pacific Green Technologies secures £120 million loan for 249 MW/373.5 MWh BESS project in Kent, England. Project to start commercial operations in April 2025 and operated by Pacific Green's subsidiary. Loan repaid over 10-year amortization profile. Pacific Green also selling Richborough Energy Park for £74 million.
Nov 6, 2023 // Storage, UK, Europe, Pacific Green Technologies
BSR Nabs Permit for 49.9-MWp Solar Farm
UK-based British Solar Renewables (BSR) receives permission to build Coldharbour Farm Solar Park in Devon, providing clean energy to 12,500 homes and reducing 11,072 tonnes of carbon dioxide yearly. Established in 2010, BSR continues to build solar power plants across the UK.
Nov 6, 2023 // Plants, UK, Europe, PV Power Plant, British Solar Renewables, BSR
154-MW Romania Solar Park Opened
Experience the Ratesti solar park – the largest PV complex in Eastern Europe, reducing CO2 emissions by 168,000 tonnes while powering over 100,000 homes annually. Econergy and Nofar proudly cut the ribbon on this innovative project.
Nov 3, 2023 // Plants, Large-Scale, Commercial, Europe, Romania, PV Power Plant, Econergy, Nofar
90-MW Solar Park to Power Italy
European Energy A/S has won approval to construct a 90-MW solar farm in Italy’s Puglia Region. The project, led by Thorvald Spanggaard, will generate enough energy to power 55,500 households. The solar park will use tracker panels on 35 hectares of land and involve reforestation and infrastructure upgrades. European Energy's ambitious goal to develop renewable energy in all of Italy moves closer to reality.
Nov 3, 2023 // Plants, Large-Scale, Commercial, Italy, Europe, PV Power Plant