Europe

Germany's Federal Network Agency today elevated the maximum price for this year's ground-mounted solar tender to EUR 0.0737 (USD 0.08) per kWh from EUR 0.059 per kWh in 2022 in a bid to offer better conditions for designers as well as attract more interest in the competition.

The 247 MW solar portfolio is a five-project cluster in Aragón, Spain, which has been in operation considering that 2021. Lightsource bp said that the sale agreement mentions its capability to buy, supply as well as construct quality solar sites that can support renewable growth aspirations of investors, utilities, and other asset proprietors.

Israeli renewables developer Nofar Energy Ltd (TLV: NOFR) has actually acquired a 73-MWp solar project in Romania as part of a broader plan to take possession of 1.5 GW of wind and also solar schemes in the Balkan country through 2023.

Madrid-based renewables platform Altano Energy has actually closed funding for a 107-MW solar and mini hydro portfolio in Spain, it said in a Linkedin post.

Energy assets operator TESLA 50Hz has actually been acquired to install 40 MW of solar arrays atop the industrial facilities of Romanian properties developer Element Industrial (ELI).

PPC Renewables, part of Greek power utility PPC SA (ATH: PPC), will certainly build 3 solar parks totalling 230 MWp in Greece's Western Macedonia area with financing from the European Investment Bank (EIB).

German solar mobility firm Sono Motors, subsidiary of Sono Group NV (NASDAQ: SEV), on Tuesday said it has secured over EUR 40 million (USD 43m) in consumer commitments in the recentlies as part of its ongoing #savesion campaign focused on rescuing its Sion solar car project.

Polish renewable resource developer Projekt Solartechnik (PST) stated today it will provide power from solar (PV) farms of a total of 22 MW to domestic renewable energy trader Respect Energy for nearly six years under a power purchase agreement (PPA).

Developer has actually agreed deal for an asset in Aragón including five operational PV installations

3 projects in Castilla-La Mancha are expected to find in operation in 2025

Agreeing sale or purchase of power ahead of delivery aids BESS owners eliminate price risks

Developer will provide almost 50MW to the financial institution from its Anglesey solar farm

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.

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%.

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