Europe

Masdar Powers Caspian Renewables with Azerbaijan Pact
Masdar, owned by Abu Dhabi government, signs agreements to construct 1GW solar & wind power capacity in Azerbaijan. Garadagh Solar Park is now inaugurated, producing enough electricity to power 110,000 homes. Masdar plans to double capacity this year aiming for 100GW of gross capacity to aid UAE's net zero carbon emissions by 2050. Adnoc expands presence in Azerbaijan with 30% equity in Absheron natural gas field.
Oct 27, 2023 // Markets & Finance News, Masdar, Europe, Azerbaijan
LEAG's Solar Park Boxberg: Green Energy for Germany
LEAG's Boxberg solar park is set to provide 26 GWh/year of clean energy to eastern Germany. With partner EP New Energies, LEAG is part of the Gigawatt Factory initiative investing EUR 10 billion to add renewable energy to the region by 2030. Don't miss the construction of this 24.8 MWp solar park!
Oct 26, 2023 // Plants, Large-Scale, Commercial, Germany, Europe, PV Power Plant, LEAG
Gresham House, UKIB: Powering the Renewable Revolution
Gresham House and UKIB join forces to invest £140m in renewable energy and storage projects across the UK. Centrica and UKIB commit £65m cornerstone investment, Gresham House SIRES launch with 50MW solar and 75MWh battery storage project in Hartlepool. Unlock bigger revenues with renewable projects and energy storage!
Oct 26, 2023 // Storage, UK, Europe, Gresham House, UKIB
Constructing Sweden's Largest Solar Farm
Neoen and Alight are excited to be working on the 100MWp Hultsfred solar farm in Sweden, which will provide 18,000 homes with renewable energy come 2025. H&M Group has even secured a long-term PPA to receive 95% of energy produced. Get ready for a greener future!
Oct 25, 2023 // Markets & Finance News, Sweden, Europe, neoen, solar farm, Alight
Enfinity Global Hits 232 MW Milestone in Italy
Discover how two states dramatically increased their solar power capacity by 70 MW. Get the details on this impressive success story!
Oct 25, 2023 // Markets & Finance News, Blockchain, Italy, Europe, Enfinity Global
Enphase Powers Up Greece's Solar Market
Enphase Energy Inc enables Greece to meet its 2 GW solar PV capacity goal with its IQ8 microinverters and batteries, offering subsidies of up to 65% for solar plant installation and 90% for batteries. Take part in the net-metering programme to help balance the grid.
Oct 24, 2023 // Storage, Inverters, Greece, Europe, Enphase
185MWp German Solar Financed
SUNfarming secures double-digit million Euro financing for 185-MWp PV projects. Prime Capital AG raised funds through project bonds and Capcora acted as exclusive financial advisor. German solar power developer looks to finance growth with this successful transaction.
Oct 24, 2023 // Markets & Finance News, Germany, Europe, SUNfarming, Prime Capital AG
Pairing Solar + Water Reservoirs: Streževo Dam Pilot
JP Hidrosistem Streževo is investing in a 500 kW photovoltaic power plant, combining solar and hydroelectric power. The project will benefit North Macedonia and contribute to its clean energy goals.
Oct 24, 2023 // Plants, Large-Scale, Commercial, Europe, North Macedonia, PV Power Plant, JP Hidrosistem Streževo
Solar Valley Rises Again: German Industry's Rebirth
Reestablishing the German solar industry a decade after bankruptcy, EU subsidy plans and Chinese dominance. With new plant openings and experienced staff, Europe seeks to reduce reliance and expand renewable energy capacity. Will it be enough to ward off the risk of failure?
Oct 23, 2023 // Markets & Finance News, Germany, Europe
Amazon's 39 Renewable Projects in Europe: 1 GW+
Amazon just announced 39 solar and wind projects across 13 European countries, with a combined capacity of 1 GW. This initiative will enable 5.8GW of clean energy, enough to power 4.9 million British households. As part of its commitment to be powered 100% by renewable energy by 2025, Amazon is setting up its first solar farm in Poland and Greece.
Oct 23, 2023 // Markets & Finance News, Amazon, Europe
Swiss Satellites Repurposed: Solar Powerhouse in the Alps
Use obsolete satellite antennas to generate clean energy - Discover how two Swiss companies in the town of Leuk are repurposing these antennas into giant solar panels. Each one can provide 25 households with power and measures 32 meters in diameter. Located 1,000 meters above sea level for optimal sunlight, this project could help offset the predicted 50 terawatt hour energy shortfall in Switzerland.
Oct 20, 2023 // Residential, Europe, Switzerland
Italy's Solar Moth: Teaching Sustainability at its Finest
Witness the stunning combination of art, technology, and nature with Creazione SUGO's innovative Solar Moth installation, the world's largest solar-powered art-chitecture. Guinness-worthy and eco-friendly, explore a unique union of art and sustainability.
Oct 19, 2023 // Technology, Italy, Europe, Creazione SUGO, Solar Moth, Warner Discovery
Masdar Eyes EBRD Financing for 200-MW Solar in Armenia
Masdar is seeking financing for the construction of a 200 MW solar farm in western Armenia. Get the latest updates on the USD 186.6 million project and the expected November 28, 2023 decision on the Clean Technology Fund concessional loan. This eco-friendly initiative could reduce carbon dioxide emissions by up to 169,000 tonnes annually.
Oct 18, 2023 // Markets & Finance News, Masdar, Europe, Armenia
Voltalia Powers Up 140MW Karavasta Solar Park in Albania
Voltalia has completed the construction of its 140-MW Karavasta solar park in Albania. 200HA of land will offset 29,160 tonnes of CO2 emissions, enough to meet the annual consumption of 220,000 residents. With a 15-year contract for half its output, Karavasta is part of Albania's goal to reach 54.4% renewables share by 2030.
Oct 18, 2023 // Plants, Large-Scale, Commercial, Voltalia, Europe, PV Power Plant, Albania
TagEnergy Funds UK's 100MW BESS Project
TagEnergy secures £70m debt package to finance 100MW battery energy storage system project in North Yorkshire. Tesla, Habitat Energy and RES to support construction of completed facility by mid 2024. CEO Franck Woitiez says innovative financing offers value and accelerating energy transition.
Oct 18, 2023 // Markets & Finance News, UK, Europe, tagenergy