Europe

RWE Builds Solar-Storage at Hambach Mine

RWE AG is constructing an 8.4-MW solar farm with an 8-MWh battery storage system in Germany, consisting of 22,000 bifacial modules that will power 3,100 households. The project is part of a EUR 4 billion (USD 4.34bn) plan to build 1,000 MW of renewable energy in the Rhenish mining district by 2030.

Aug 25, 2023 // Plants, Storage, Germany, Europe, rwe

23.7% Solar Cell: A New Monolith Perovskite-PERC

New research from the Netherlands has led to the creation of a monolithic perovskite-PERC tandem solar cell with a tunnel recombination junction, achieving an efficiency of 23.7%. This technology is expected to be beneficial for scaling up to larger sizes.

Aug 25, 2023 // Technology, Europe, solar cell, perovskite, Netherlands, Eindhoven University of Technology, TNO, TNO/Holst Centre, Eindhoven Institute for Renewable Energy Systems, EIRES

Atea Powers Up with Green PPA

Atea, an IT infrastructure supplier, has signed a 10-year Power Purchase Agreement with Better Energy to purchase 70GWh of renewable energy from their new solar project in Denmark. Atea shows their commitment to reducing carbon emissions and supporting clean energy technologies. Better Energy is excited to welcome Atea to their partnership.

Aug 23, 2023 // Markets & Finance News, PPA, Europe, Denmark, Better Energy, Atea

Serbia's Solar Gateway: 300 MW

Join the Kladovo Solar Gate project and help Serbia become a leader in renewable energy. This proposed 300 MW solar photovoltaic plant is located 5 kilometres from the city of Kladovo and is in its early planning stages. Be part of a potentially revolutionary new energy source.

Aug 22, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Europe, PV Power Plant, Serbia

Northvolt Raises $1.2bn for Expansion

Northvolt, a leading European battery manufacturer, has secured over $9bn in equity and debt to fund its European and North American expansion. Investor include Investment Management Corporation of Ontario, BlackRock, Canada Pension Plan Investment Board, OMERS, Goldman Sachs Asset Management, AP Funds 1-4, Folksam Group, ATP and Volkswagen Group.

Aug 22, 2023 // Markets & Finance News, NORTHVOLT, Sweden, Europe

Secursun Launches 1.1GW German Solar Portfolio

Secursun, a German joint venture, has started construction of its portfolio of 1.1GW solar parks in Germany, with 7+ projects beginning this year & more to complete by 2026. Berlin-based Securenergy Solutions & Sunotec specialize in solar construction.

Aug 22, 2023 // Markets & Finance News, Germany, Europe, Secursun

Renewable Energy Investment Hits Record-Breaking $358 Billion in 1H 2023

Global new investment in renewable energy skyrocketed to $358 billion in the first six months of 2023, a 22% rise compared to the start of last year and an all-time high for any six-month period. This is based on the latest investment data from BloombergNEF’s 2H 2023 Renewable Energy Investment Tracker report, published on August 21, 2023.

Aug 22, 2023 // Market Research, USA, Germany, China, Europe, Asia, North America

PAD RES Secures €54m for Poland Solar

PAD RES secures €54 million investment from Polish Development Fund for two solar farms in Pomeranian Voivodeship with 117 MW capacity, 140 hectares coverage. Electrum chosen as general contractor to strengthen market position for energy transition in Poland.

Aug 21, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Poland, Europe, PV Power Plant, PAD RES

Latvia's 115MW Solar Farm: Powering a Greener Future.

European Energy is set to build a 115MW solar farm in Broceni, Latvia. Generating 120,000MWh of renewable electricity annually, this project will lead to reduced electricity and heating costs for citizens, helping Latvia transition to a greener economy. European Energy's portfolio of 1.5GW of renewable energy projects in Latvia shows their commitment to sustainability.

Aug 21, 2023 // Plants, Large-Scale, Commercial, Europe, european energy, PV Power Plant, Latvia

Trina Solar Powers 140MW Albanian PV Project

Trina Solar and Voltalia have partnered to build Karavasta Solar, a 140MW solar project in Albania. Funded by EBRD, the project is expected to generate electricity and employment to the local community, with 1% of the total investment going towards social initiatives.

Aug 17, 2023 // Markets & Finance News, Europe, Trina Solar, Albania, Solar Project

NorSun Closes $8.6MM Raise, Plans 5GW US Solar Plant

NorSun has raised 8.6 million dollars to fuel its growth projects in Europe and the US. Statkraft Ventures, Ardal Energi, Nysno Klimainvesteringer, and more, have subscribed to the capital. NorSun plans to build a 5GW production facility in the US and 3GW expansion in Årdal, Norway, funded in part by the EU Innovation Fund.

Aug 17, 2023 // Markets & Finance News, USA, Europe, North America, NorSun

Greece's BESS Tender Allocates 411.8MW

Greece's Regulatory Authority for Energy (RAE) has successfully allocated 411.8 MW of projects from 93 proposals, surpassing the 400 MW target for the first BESS tender. 12 projects from 7 developers will receive financial aid for investment and operation over a 10 year period. Projects are expected to be operational by the end of 2025.

Aug 17, 2023 // Storage, Greece, tender, Europe, BESS

Indoor Solar Perovskites Power Future

Harness the power of the sun with innovative perovskite solar cells that offer clean, renewable energy for indoor applications.

Aug 16, 2023 // Technology, Italy, Europe, Asia, solar cell, perovskite, Iran, efficiency, Centre for Hybrid and Organic Solar Energy, CHOSE, Department of Electronic Engineering at Tor Vergata University of Rome, Department of Textile Engineering at the University of Guilan, GreatCell Solar Italia, Institute of Crystallography, IC-CNR, Department of Biological and Environmental Sciences and Technologies at the University of Salento, Institute of Nanotechnology, CNR NANOTEC

UK Unveils 100MW Hydro-Storage Partnership

UK unveils groundbreaking 100MW hydropower-storage partnership, providing clean energy solutions for a greener future.

Aug 16, 2023 // Storage, UK, Europe, MERCIA POWER RESPONSE, RHEENERGISE

Greece: PPC Wins 98MW Battery Storage Support

PPC Renewables secures investment grant and operating aid for 98 MW of battery energy storage projects in Western Macedonia in 2021. To be brought into operation in 2025, these projects will join the 280 MW of solar projects also located in the region.

Aug 15, 2023 // Storage, Greece, Europe, PPC Renewables, Western Macedonia

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