Europe

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

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.

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.

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.

Building can start on the 50MW project in 2024