Europe

Neoen to slightly exceed 2022 adj EBITDA target

French renewable power manufacturer Neoen SA (EPA: NEOEN) on Wednesday claimed it anticipates its 2022 readjusted EBITDA to be slightly above EUR 410 million (USD 447m), simply surpassing the firm's most current upgraded guidance.

Feb 2, 2023 // Markets & Finance News, France, Europe, neoen

Greece's Mytilineos seals Italian solar PPA with Saint-Gobain

Greek industrial team Mytilineos SA (FRA: MYH) has authorized a deal to offer electrical energy from a 4.9-MW solar park in Italy to power a local factory of French building products manufacturer Compagnie de Saint-Gobain SA (EPA: SGO).

Feb 2, 2023 // Markets & Finance News, Greece, PPA, Europe, Mytilineos, Saint-Gobain

RWE turns sod on 92MW Spanish solar

Gazules 1 and 2 sites in Cádiz each have an output of 46MW

Feb 2, 2023 // Plants, Large-Scale, Commercial, Spain, Europe, rwe, PV Power Plant, Katja Wünschel

Three Seas Initiative fund to buy into Polish solar developer R.Power

Luxembourg-based capitalist Three Seas Initiative Investment Fund SA SICAV-RAIF (3SIIF) has actually requested antitrust approval to take joint control of Polish solar project developer R.Power, competition regulatory authority UOKiK stated on Tuesday.

Feb 1, 2023 // Markets & Finance News, Poland, Europe, r.power, Three Seas Initiative Investment Fund SA

Croatia launches public calls for 250 MW in solar, wind projects

The Ministry of Economy and also Sustainable Development has launched public calls for issuing energy approvals for the building and construction of 14 solar power plants as well as one wind farm, with a total capacity of about 250 MW.

Feb 1, 2023 // Plants, Europe, PV Power Plant, Croatia, Ivo Milatić, wind project

Work starts on Estonian wind, solar park

Enfit Green developing 53MW project in Purtse

Feb 1, 2023 // Plants, Large-Scale, Commercial, Europe, PV Power Plant, Estonia, Enfit Green, Janek Lillemägi, Rainer Tammus

New Solar Cells Tested in Space Show Promising Results

Researchers at Lund University in Sweden have developed photovoltaic nanowires using three materials to improve the efficiency of solar energy. These tandem solar cells are now being tested on satellites.

Feb 1, 2023 // Technology, Sweden, Europe, solar cell, efficiency, Lund University

Bpifrance invests in French renewable power producer Qair

French financial investment bank Bpifrance has come to be an investor in compatriot Qair after participating in a financing round sustaining the renewable power manufacturer's growth in the domestic and also international markets.

Feb 1, 2023 // Markets & Finance News, France, Europe, Qair, Bpifrance

Canadian Solar sells part of Italian fund with 124-MWp solar portfolio

Canadian Solar Inc (NASDAQ: CSIQ) will discharge 30% of the favored units of CSFS Fund I, its first Italian different mutual fund which holds a 124.2-MWp portfolio of under-construction solar projects across Italy.

Feb 1, 2023 // Markets & Finance News, Canadian Solar, Italy, Europe

Banks files mega-battery UK planning application

2.8 GWh project at Thorpe Marsh in Yorkshire would capitalize on the site's existing 1.45 GW connection

Jan 31, 2023 // Storage, UK, Europe, Banks Group

Iberdrola wins nod for 1.2 GW Portuguese solar

Developer has safeguarded environmental approvals for the Fernando Pessoa project near Sines

Jan 31, 2023 // Plants, Portugal, Iberdrola, Europe, PV Power Plant

Wind and solar overtake gas in EU power generation in 2022

Wind and solar produced a record 22% of EU power last year, helping Europe to prevent a go back to coal power in the middle of the 2022 energy crisis, according to a report published today by power brain trust Ember.

Jan 31, 2023 // Markets & Finance News, Europe

Banco Santander, Holaluz to promote self-consumption solar in Spain

Banco Santander (BME: SAN) will start using its clients a product that will enable them to obtain financing to equip their homes with photovoltaic (PV) panels, the Spanish lender claimed on Friday.

Jan 31, 2023 // Markets & Finance News, Rooftop PV, Spain, Banco Santander, Europe, Holaluz

SSE buys rights to 3 solar sites in UK

UK energy firm SSE PLC's (LON: SSE) Solar and Battery unit has actually acquired the rights to 3 solar sites in the county of Nottinghamshire, East Midlands, which are presently experiencing a formal planning application process.

Jan 31, 2023 // Markets & Finance News, UK, Europe, SSE

Onde gets financing for 18-MW solar portfolio in Poland

Onde SA (WSE: OND), the renewables construction business of Polish group Erbud SA (WSE: ERB), claimed it has obtained a PLN 56 million (USD 13m/EUR 12m) loan from Polish lender mBank to finance an 18-MW solar photovoltaic or pv (PV) Cyranka portfolio in Poland.

Jan 31, 2023 // Markets & Finance News, Poland, Europe, Onde

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