Europe

Santander to fund South Farm Solar site that will power City of London Corporation

French power significant Engie SA (EPA: ENGI) has actually launched the building of an 8.6-MWp solar park in southern Romania to help structure products manufacturer Compagnie de Saint-Gobain SA (EPA: SGO) fulfill its local power requirements.

Spanish utility Naturgy Energy Group SA (BME: NTGY) today stated it has actually agreed to acquire a 422-MW portfolio of wind farms in your home and a pipe of 435 MW of solar projects in a take care of an enterprise value of EUR 650 million (USD 709.5 m).

German renewable resource investor as well as service provider GRIPS Energy has actually introduced its very first photovoltaic (PV) solar plant in Senegal, a 604-kWp ground-mounted facility at a farm had by regional agricultural company la Societe des Cultures Legumieres (SCL).

EPC outfit GRS supplied the project which is just one of the initial PV parks to connect to the transmission system

Programmer will be able to 'enhance its efforts' to create 448MW of PV with additional finance in place

Estonia-based renewable energy manufacturer Enefit Green AS (TAL: EGR1T) saw its first-quarter web profit visit 13% on the year to EUR 30.5 million (USD 33.3 m), primarily as a result of the lower market value for electrical power.

Italian solar systems installer Comal Spa has actually been awarded an agreement to construct an 80-MWp solar park in Sardinia in support of compatriot Sardeolica Srl, a unit of renewable power generator Saras Spa.

Italy-based independent power producer (IPP) ERG SpA on Friday reported a first-quarter modified net profit from continuing procedures of EUR 84 million (USD 91.7 m), unmodified from a year back, as well as confirmed its full-year assistance.

Swiss renewable resource manufacturer and trader Axpo Holding AG on Monday said it has actually acquired a battery and solar project in Sweden from project designer SENS (Sustainable Energy Solutions Sweden) in a bargain of concealed industrial terms.

Europe needs to invest greater than USD 32 trillion (EUR 29trn) in power as well as associated innovations in between currently as well as 2050 to change to a net-zero economic situation, according to a new report by BloombergNEF (BNEF).

Spanish renewables firm and also power and gas provider Audax Renovables SA (BME: ADX) said it had actually raised the first-quarter net profit by 18% year-on-year to EUR 2.39 million (USD 2.6 m), in spite of a decrease in revenues because of declining energy prices in the markets in which it runs.

German wind as well as solar park driver Encavis AG (ETR: CAP) said on Monday it took care of to slightly boost its revenue in the initial quarter of 2023 despite less beneficial weather and slightly lower electrical power prices.

These 8 projects are in enhancement to twelve already in the hands of Bruc and have been transferred in recent months. With the transfer of these assets, Opdenergy is approaching 2 GW marketed to third parties in Spain, Italy, Mexico, UK as well as the US.

French O&G player will mount biggest European storage space project to date at Antwerp refinery