Europe

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).

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.

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.

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.

French O&G player will mount biggest European storage space project to date at Antwerp refinery

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.

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.

Storage system will be improved the site of its former Ferrybridge coal-fired power station in West Yorkshire

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.

Renewable power plants operator Voltalia SA (EPA: VLTSA) on Thursday introduced the commissioning of its 5-MW Parc Sable Blanc solar farm with an incorporated storage space system in French Guiana.

22MW Volgelsheim photovoltaic park has actually been improved former military ground and also will enhance biodiversity

Greater than 35 of the globe's top solar power terminal builders contend least 1 GW AC of capacity under their belts-- and also 20 have currently covered 2 GW AC. Wiki-Solar's newest league table of utility-scale EPCs shows how the prominent constructors have actually remained to flourish as the market comes close to half a Terawatt of capacity.

France-based exclusive equity firm Weinberg Capital Partners introduced it has actually taken a minority stake in neighborhood independent solar energy designer and manufacturer Orion Energies with a commitment to help the firm accelerate its growth.

The Ministry of Economy and Sustainable Development of Croatia has actually released energy authorizations to Acciona and DTEK for the construction of a solar energy plant and a wind farm, specifically.

Both have authorized a framework agreement to license the Kraken modern technology platform