Europe

GreenGo Energy and Encavis announce ready-to-build status of 132MW solar project in Denmark. Strategic partnership between both companies results in over 500MW of subsidy-free solar energy & almost 400MW of solar parks in Denmark, set to be operational in 2026.

Keppel MET Renewables has acquired a 38-MW solar PV project in Italy. The project is expected to be operational in 2026, adding to KMR's 200-MW renewable portfolio. KMR is aiming for 2 GW of installed capacity by 2026 and expanding its reach to other EU countries.

This article looks at how developers are leading the UK's transition to a net zero carbon future, focusing on how this will ensure grid stability and the integration of renewable energy sources.

Qualitas Energy has completed a €280m refinancing operation on the 500MW Mula photovoltaic solar plant in Spain. BBVA, EDC, DekaBank, Unicaja and Bankinter participate in the "Green Loan Principles" classified loan. Qualitas is a leader in renewable energy investment and management since 2006.

Explore how the Bulgarian government is working to resolve the issues of administrative hurdles and market uncertainty in order to achieve the goal of doubling solar power capacity in the next two years.

EiDF acquires 238 MWp of solar projects in northern Spain, including two large-scale projects with an EIS in place. Commitment to smaller-scale projects remains for commercial and industrial customers.

EDP and CTT have joined forces to bring solar energy to Portugal. Their 1MW solar farm is capable of meeting 40% of a building's daily energy needs, and will soon become a Collective Self-Consumption Community, sharing its benefits with up to 850 families and companies. An ambitious 6 MWp of decentralised energy generation is planned.

Funded by Vinnova and Scania, this research project is developing a solar-powered hybrid truck with a 560-horsepower plug-in hybrid and 18m trailer covered with 100 sqm solar panels. Expected to reduce emissions and sell electricity to the grid, the truck is being tested by Ernsts Express AB.

Encavis AG has announced the purchase of a 12MW/24MWh battery storage project in Hettstedt, Germany. The energy storage system will be integrated into the grid in 2024 and will store electricity from Encavis' renewable power facilities, reducing the cost of balancing energy. Mario Schirru, Encavis' Chief Investment Officer, highlighted the new plant's ability to generate more revenue from their Renewable Energy. First half of 2023 results reported flat revenue and earnings per share.

France's C&I rooftop PV applications have been awarded 860+ MW since 2017, demonstrating the country's commitment to sustainable energy goals.

Spanish investment firm Asterion Industrial Partners has reached a EUR 2.6 billion deal to acquire German energy company Steag GmbH. The proposed transaction includes investment in renewable energy, new green job creation, and is expected to close by 2023.

Fortum, a Finnish energy company, plans to build a 90-MW solar power plant in Sweden. The project, called Alvret, will cover 95 hectares of land and is estimated to take up to three years to complete. Construction will begin once the permit process is finished. An additional 80-MW solar project is planned for Virolahti, Finland.

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.

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.

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.