Europe

Masdar, Azerbaijan's SOCAR Indication Deal to Develop 4 GW Renewable Energy Projects

Both firms will certainly develop onshore wind and solar projects, and likewise incorporated offshore wind as well as green hydrogen projects. Masdar stated that its currently developing the 230-MW Garadagh Solar PV Plant in Azerbaijan.

Jan 18, 2023 // Markets & Finance News, Mohamed Jameel Al Ramahi, Masdar, Europe, green hydrogen, Azerbaijan, OFFSHORE WIND, Central Asia renewable energy, Garadagh Solar PV Plant, Rovshan Najaf, SOCAR, State Oil Company of the Republic of Azerbaijan

Norwegian Sovereign Fund to Invest in 1,265 MW RE Capacity of Iberdrola

According to the terms of the agreement, the assessment of 100% of the assets in the portfolio amounts to roughly EUR 1.2 billion. Iberdrola will certainly have a majority stake of 51% in the assets and Norwegian fund will have the rest 49%.

Jan 18, 2023 // Markets & Finance News, Iberdrola, Europe, Norway, wind, Wind Energy, decarbonization, Solar Power Projects, solar PV project, wind farm, Norges Bank Investment Management, Spanish multinational utility

Welsh solar farm wins planning approval

Construction of the Penpergwm PV project near Abergavenny is anticipated to begin in 2024

Jan 17, 2023 // Plants, UK, Europe, solar farm, John Leith

Goldbeck Solar to install 42 MWp of fresh solar in Austria

German solar programmer Goldbeck Solar has been awarded a contract to develop two solar photovoltaic (PV) parks in Austria with a combined capacity of 42 MWp.

Jan 17, 2023 // Plants, Europe, Austria, Goldbeck Solar

Iberdrola to offer 49% in 1,265-MW Spanish portfolio to Norges Bank

Spanish utility group Iberdrola SA (BME: IBE) said on Tuesday that it has actually signed an agreement to offer a 49% stake in its 1,265-MW wind as well as solar portfolio in Spain to Norges Bank Investment Management (NBIM), the supervisor of Norway's sovereign wealth fund.

Jan 17, 2023 // Markets & Finance News, Spain, Iberdrola, Europe, Norges Bank

Ford unveils 2.2-MW solar expansion project at Spanish factory

US automobile group Ford Electric motor Co (NYSE: F) plans to increase the solar park powering its manufacturing centers in Valencia, Spain, to 5 MW as part of its efforts to become carbon neutral across its European procedures by 2035.

Jan 17, 2023 // Plants, Spain, Europe, ford

UK programmer wins Tregonning solar green light

Building can start on the 50MW project in 2024

Jan 17, 2023 // Plants, UK, Europe, Renewable Connections, Tregonning solar farm

Ireland's IPP Power Capital RE Secures EUR240 Million for 1.2 GW of Solar Assets

The financial facility has been gathered a consortium of lenders managed by Eiffel Investment Group consisting of Ethias and also the European Investment Bank. It will certainly support the strategies of Power Capital to bring 1.2 GW of solar projects to operation by 2025.

Jan 17, 2023 // Markets & Finance News, Microsoft, Ireland, Europe, european investment bank, eib, Solar Power Projects, Eamon Ryan, Eiffel Investment Group, Peter Duff, Christian Kettel Thomsen, Ethias, Ireland renewable energy, Justin Brown, Power Capital

Sonnedix purchases 26 MW of operating solar in Spain

Global independent power manufacturer (IPP) Sonnedix Power Holdings Ltd has settled the acquisition of a portfolio with 26 MW of functional solar PV farms in Spain, the company claimed on Monday.

Jan 16, 2023 // Markets & Finance News, Spain, Sonnedix, Europe, solar farm

Green Genius, RGreen to develop Lithuanian solar farms

The eight projects are slated for construction in 2024

Jan 16, 2023 // Plants, Europe, Lithuania, Green Genius, solar farm, RGreen

Scientists count on facet engineering for more stable perovskite solar cells

Scientists at Switzerland's EPFL as well as Sungkyunkwan University in Korea have attended to the issue of perovskite solar cells' stability.

Jan 13, 2023 // Technology, Europe, Asia, Korea, solar cell, perovskite, Switzerland, EPFL, Sungkyunkwan University

EDPR connects hybrid plant to the grid

The Portuguese site combines an 8MW solar farm with an 11MW wind park

Jan 13, 2023 // Plants, Grids, Portugal, Europe, EDPR, hybrid plant, Duarte Bello, MINA DE ORGUEIREL, MOSTEIRO

DTEK restarts procedures at Tryfonivska solar farm

The site endured damage as a result of the ongoing Russian invasion of Ukraine

Jan 13, 2023 // Plants, Ukraine, DTEK, Europe, Tryfonivska solar farm, Oleksandr Selishchev

BayWa r.e. installs 685 kWp of agri-PV in orchards in Europe

German renewables company BayWa r.e. AG has introduced four research-oriented agri-voltaic projects in Europe, installing some 685 kWp of solar photovoltaic (PV) systems in orchards in the Netherlands, Austria and Germany.

Jan 12, 2023 // Plants, Europe, baywa r.e.

Newbie solar platform targets 1.9 GW Italy-Spain pipe

Alantra and Solarig have established a EUR1.7 bn financial investment vehicle with financing from Reichmuth and also Amundi

Jan 12, 2023 // Plants, Spain, Italy, Europe, Alantra, Solarig

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