Europe

Varco Energy secures £58 million in debt financing from NatWest to fund two 114MW Battery Energy Storage Systems in the UK. The projects will support UK's transition to net zero emissions, providing stability and load shifting services to the National Grid.

RWE is investing EUR 24 million in a battery storage project in Eemshaven, the Netherlands, with an installed power capacity of 35 MW and a storage capacity of 41 MWh. The project is an important step towards integrating wind energy into the Dutch energy system and further expands RWE's advanced battery storage portfolio.

Green Genius to build two solar power plants in Lithuania and Latvia with combined capacity of 200 MW. €179m investment to help decentralise energy sources and strengthen energy independence. Construction planned to start in 2024 and be operational in 2025.

EDF Renewables UK expands its commercial and industrial presence with the acquisition of SAS Energy, a British solar installer. SAS Energy owns a portfolio of 45 projects in development and under construction, and EDF will now offer financed and capital-funded projects in the solar, electric vehicle, and battery storage sectors.

Innovatec and Senec Italia have signed a MoU to jointly develop 100 MWp of solar projects for sale to third parties. Senec will hold a 49% stake in the SPV, while Innovatec will handle development and permitting. Construction and sale of the portfolio is expected in 2024.

Constructing Bulgaria's first hybrid power facility, the 237-MW Tenevo Solar Park. It will be accompanied by 250 MW of wind turbines and 250 MW/500 MWh of battery storage. A joint investment by Eurowind Energy and Renalfa IPP, it will drive Bulgaria's green transition and provide a strong boost for renewable energy in southeast Europe.

Experience the warmth of the sun in Norway as 360 solar panels are installed in the Svalbard Archipelago, providing electricity to an old shipping radio station and cutting CO2 emissions. Helping isolated sites and the planet, this renewable energy project is leading the way to a greener future.

Swedish developer Alight is building a 100+ MW solar park in Finland, expected to power 20,000 homes. Construction will begin in 2024, bringing jobs to the community and helping Finland reach its carbon neutrality goals. Warren Campbell of Alight expresses excitement for the expansion.

Qair, the French renewable power producer, has announced the launch of a 60-MW solar park in Poland. It will occupy 82 hectares, have 112,000 solar panels, and power 20,000 homes annually. Qair's aim is to have over 500MW of capacity in Poland by 2024.

INVL Renewable Energy Fund I has raised EUR 4.5 million in its maiden public bond sale in Lithuania, attracting 250+ investors with an interest rate of 10% and a two year maturity. The proceeds will go towards solar projects in Poland and Romania, estimated to cost up to EUR 350 million.

INTEC and CHINT Solar partner to build a 64-MWp photovoltaic solar park in Hallstavik, Sweden. Expected to generate 63 GWh of electricity each year, powering 12,600 households. Construction planned for completion by Q2 2024. Axfood AB signs 12-year PPA agreement.

Orsted and Terra Solar join forces to develop 400 MW of solar projects in Ireland, providing green energy for 90,000 homes and bringing Orsted's total Irish solar pipeline to 600 MW. Completion of the projects is projected before 2030. Part of Ireland's Climate Action Plan.

Sparc Hydrogen is testing a renewable hydrogen technology that uses concentrated sunlight, water and photocatalyst to produce zero emissions fuel. Learn how the joint venture of ASX-listed Sparc Technologies and Andrew Forrest is updating the market on their testing program to help produce green hydrogen at a larger and more affordable scale.

EDF Renewables UK & PS Renewables have unveiled plans for the Rosefield Solar Farm in Buckinghamshire, England. A NSIP with a generating capacity of over 50 MW, public consultation begins 28th September. Low carbon electricity to power thousands of homes & businesses, while delivering substantial benefits to the local community & environment.

Intec Energy Solutions and Chint Solar have been selected by Alight to deliver a 64MW photovoltaic project in Hallstavik, Sweden. The solar farm will contribute to advancing sustainable energy sources and mitigating carbon emissions, while providing customer service excellence.