Europe
Partners energise Larks Green solar farm
EPC outfit GRS supplied the project which is just one of the initial PV parks to connect to the transmission system
May 16, 2023 // Plants, Large-Scale, Commercial, UK, Europe, solar farm, Enso Energy, cero generation
Low Carbon raises ₤ 310m in debt to fund solar growth
Programmer will be able to 'enhance its efforts' to create 448MW of PV with additional finance in place
May 16, 2023 // Markets & Finance News, UK, Europe, Netherlands, Low Carbon, Roy Bedlow
Lower power sale prices hit Enefit Green's Q1 profit
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.
May 15, 2023 // Markets & Finance News, Europe, Estonia, Enefit Green AS
Comal contracted to add 80 MWp of solar in Italy
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.
May 15, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Italy, Europe, PV Power Plant, Comal
ERG's net revenue remains flat in Q1 2023
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.
May 15, 2023 // Markets & Finance News, Italy, Europe, ERG
Axpo acquires battery and solar project in Sweden
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.
May 15, 2023 // Plants, Storage, Sweden, Axpo, Europe, Solar Project
Europe needs over USD 32trn of net-zero investment by 2050, states BNEF
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).
May 15, 2023 // Markets & Finance News, Market Research, BNEF, Europe
Spain's Audax records 18% profit growth in Q1 2023
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.
May 15, 2023 // Markets & Finance News, Spain, Europe, audax
Encavis' revenue, earnings crawl up in Q1
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.
May 15, 2023 // Markets & Finance News, Germany, Europe, encavis ag
Spanish IPP Opdenergy Transfers All Bruc Projects for 1,101 MW Cumulative Capacity
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.
May 15, 2023 // Plants, Large-Scale, Commercial, Spain, IPP, Europe, OPDEnergy, Luis Cid, Bruc
TotalEnergies unveils Belgian battery scheme
French O&G player will mount biggest European storage space project to date at Antwerp refinery
May 15, 2023 // Storage, Europe, Belgium, TotalEnergies
Italy's FuturaSun to construct 10-GW solar cell manufacturing facility in China
Italian solar (PV) panel maker FuturaSun will certainly move into solar cell manufacturing, planning a factory in Huai'an, in the Chinese province of Jiangsu, which will at some point reach a yearly capacity of 10 GW.
May 12, 2023 // Manufacturing News, Italy, China, Europe, Asia, solar cell, FuturaSun
Bulgaria releases EUR 123 million subsidy system for house solar setups
Bulgarian houses can request gives for photovoltaic or pv systems and also solar collectors for very own consumption up until November 10. The government's program is worth EUR 123 million, of which EUR 40.8 million is for the first round.
May 12, 2023 // Residential, Markets & Finance News, Rooftop PV, Europe, Bulgaria
SSE takes FID on UK 150MW battery project
Storage system will be improved the site of its former Ferrybridge coal-fired power station in West Yorkshire
May 12, 2023 // Storage, UK, Europe, SSE
Spain's Soltec narrows net loss in Q1, markets assets in Colombia narrows net loss in Q1, markets assets in Colombia
Spanish solar trackers manufacturer and project developer Soltec Power Holdings SA (BME: SOL) posted a net loss of EUR 9.6 million (USD 10.5 m) for the first quarter of 2023, compared to a loss of EUR 15.5 million in the same period a year back, the team said in the quarterly earnings record on Thursday.
May 12, 2023 // Markets & Finance News, Spain, South america, Europe, Soltec, Colombia
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