Europe

High wind, solar PV output push Spain's renewables share to 54% in May
Power plants in Spain created 54% of their electrical energy from clean as well as eco-friendly sources in May, Spanish grid operator Red Electrica de Espana (REE) stated in its estimates report for the month.
Jun 2, 2023 // Markets & Finance News, Spain, Europe
Poland attended release record 6 GW of solar in 2023
Poland gets on track to connect greater than 6 GW of new solar photovoltaic (PV) systems to the grid in 2023, bringing the cumulative solar capacity in the country to over 18 GW, according to quotes by the Institute for Renewable Energy IEO.
Jun 2, 2023 // Markets & Finance News, Poland, Europe
EDPR granted 159 MW of wind, solar projects in Italian tender
EDP Renovaveis SA (ELI: EDPR) introduced on Thursday that it has been approved a 20-year feed-in-tariff (FiT) for 159 MW of wind and solar projects in Italy's current auction.
Jun 2, 2023 // Plants, Markets & Finance News, Italy, tender, Europe, wind, EDPR, Solar Project
Cepsa, Ibereolica strike deal to promote 5 GW of solar, wind in Spain
Spanish oil refiner Cepsa has secured a companion that will certainly accumulate to 5 GW of wind as well as solar farms in Spain to aid power its green hydrogen production plants as well as charging stations for electrical vehicles.
Jun 1, 2023 // Plants, Spain, Europe, wind, PV Power Plant, ibereolica, Cepsa
JLEN powers up 50MW Scottish battery
West Gourdie BESS will offer essential balancing support to the GB power grid network
Jun 1, 2023 // Storage, UK, Europe, SCOTLAND, JLEN, Chris Tanner
Work starts on 220MW German battery
EUR140m RWE system covers two sites in Rhine-Westphalia
Jun 1, 2023 // Storage, Germany, Europe, rwe
Shell grabs Spanish solar
Energy huge bags 12 sites totalling 1.1 GW.
May 31, 2023 // Plants, Markets & Finance News, Spain, Europe, shell
France's Akuo appreciates growing EBITDA, revenues in 2022
French eco-friendly power manufacturer and developer Akuo on Tuesday reported increased revenues and operating profit in fiscal year 2022, primarily thanks to its growing energy sales.
May 31, 2023 // Markets & Finance News, France, Europe, akuo, EBITDA
Iberdrola, Norges Bank close giga-deal for solar, wind in Spain
Spanish utility Iberdrola SA (BME: IBE) claimed on Wednesday that it has actually settled the agreement with Norway's Norges Bank Investment Management (NBIM) to offer it a minority risk in a 1,265-MW wind as well as solar portfolio in Spain and included greater than 500 MW of renewables to the negotiations.
May 31, 2023 // Markets & Finance News, Spain, Iberdrola, Europe, Norges Bank
NexWafe safeguards moneying to build solar wafer factory in Germany
German monocrystalline wafers manufacturer NexWafe GmbH has actually raised EUR 30 million (USD 32.2 m) to quicken the building of a commercial-scale center for green solar wafers in Bitterfeld, Germany.
May 31, 2023 // Manufacturing News, Markets & Finance News, Germany, Europe, nexwafe
BayWa r.e. closes financing for 54.1-MWp solar project in Spain
German renewables firm BayWa r.e. AG said on Tuesday that it has actually shut the financing for a 54.1-MWp solar photovoltaic or pv and also agri-voltaic (agri-PV) project it is presently building in the area of Andalusia, southerly Spain.
May 31, 2023 // Markets & Finance News, Spain, Europe, baywa r.e., Solar Project
Emeren offloads Polish solar portfolio
GoldenPeaks Capital has actually acquired 58MW of projects in Pomorskie Voivodeship
May 30, 2023 // Markets & Finance News, Poland, Europe, GoldenPeaks Capital, Emeren
RPC, Greenfield companion to create 500 MW of battery storage space in UK
Renewable Power Capital (RPC), a UK-based renewables platform backed by CPP Investments, as well as London-based renewables designer Greenfield have consented to establish at least 500 MW of battery storage space capacity in the UK.
May 30, 2023 // Storage, UK, Europe, RPC, Greenfield
Italy awards 422 MW in most recent renewable resource tender
Italy's Gestore dei Servizi Energetici (GSE) on Monday announced 422 MW of wind, solar and also hydropower projects as winners in its newest ask for renewable energy capacity.
May 30, 2023 // Plants, Markets & Finance News, Italy, tender, Europe
Spain's Opdenergy narrows net loss in Q1 2023 as revenues swell
Spanish independent power producer (IPP) Opdenergy Holding SA (BME: OPDE) said on Monday it had actually published a net loss of EUR 1.89 million (USD 2.02 m) for the first quarter of 2023, narrowing it from an EUR-8.26-million loss in the year-ago duration.
May 29, 2023 // Markets & Finance News, Spain, Europe, OPDEnergy