Solarstone's 60-MW Factory: Powering 6,000 Homes in Europe
Solarstone's newest 60-MW factory in Viljandi, Estonia is the largest BIPV manufacturing facility in Europe, producing 13,000 solar panels a month to power 6,000 homes yearly. Sunly and Biofuel OU provided the necessary backing for the A+ rated PV-testing facility, making Solarstone's efficient PV-framing kits available in 10 markets.
Oct 4, 2023 // BIPV, Manufacturing News, Europe, Estonia, Solarstone
Capital Dynamics Scores Two Italian PV Sites
Capital Dynamics invests in two solar PV projects in Sicily, Italy with 324GWh of clean energy per annum, reducing 87,000 tonnes of CO2 emissions and enough electricity to power over 63,500 homes. Investing €1.8m in local community support while increasing Italy's annual generation capacity to 1TWh.
Oct 4, 2023 // Markets & Finance News, Capital Dynamics, Italy, Europe
Giga Battery Ventures Into Belgian Market
Giga Storage is bringing 1,200-MWh of energy storage to Belgium, connecting the grid to the high-voltage network and aiming to reach 3 GW of capacity by the end of the decade. Take advantage of the regulatory exemptions and join the revolution.
Oct 2, 2023 // Storage, Europe, Belgium, Giga Storage
ESB Raises €1bn for Renewables Projects
ESB Group, Ireland's leading utility, has just sold two bonds for EUR 1 billion to finance renewable energy projects and reduce carbon intensity. Help create a cleaner, more resilient energy future by supporting ESB's net-zero target by 2040!
Oct 2, 2023 // Markets & Finance News, Ireland, Europe, ESB Group
Europe Warns: Tariffs Risk Solar Boom
SolarPower Europe urges EU policy makers not to impose tariffs on imported solar equipment as it could impede clean energy installation. Instead, incentivise resilient European solar production for a better win-win strategy. EU set a record in 2020 with 40Gw of solar capacity, but risk repeating past dips if restrictions are enacted.
Oct 2, 2023 // Markets & Finance News, Tariffs, Europe
Poland Shines Bright with Solar: Former Coal Mine Now Home to EU's 2nd Largest Solar Facility
Poland opens its second-largest solar farm at former coal mine, producing 220 GWh of clean energy annually to power 100,000 homes and reduce CO2 emissions. Renewables to provide 51% of electricity by 2040, with a nuclear power plant to be operational by 2030s.
Sep 27, 2023 // Plants, Large-Scale, Commercial, Poland, Europe, PV Power Plant
Obton to Build 15-MWp Solar Plant in Sweden
Obton, a leading solar energy developer and investor, is set to build its first solar park in Sweden with 15MWp capacity. June 2021 marks the start of the project, with completion in 2025. Obton is overseeing studies, financing and construction, with plans for further solar projects in Sweden. With over 1.7 GWp of PV projects and 3.5 billion EUR in assets, Obton is a leader in the solar industry.
Sep 26, 2023 // Plants, Commercial, Residential, Sweden, Europe, obton, PV Power Plant
Bruc Gets EUR 600m to Fuel 8.5GW Home Wind, Solar
Bruc secures EUR 600 million to fund 8.5 GW of wind and solar projects across Spain, with financiers including Banco Santander, ING, Instituto de Credito Oficial, BNP Paribas and Intesa Sanpaolo. Financing to cover a substantial part of investments with energy storage projects also being developed.
Sep 26, 2023 // Markets & Finance News, Spain, Europe, Bruc
Microsoft, Lightsource BP Spark Solar Revolution in Poland
Microsoft and Lightsource BP have signed a landmark solar PPA in Poland, furthering Microsoft's mission to become 100% carbon-free by 2025 and carbon negative by 2030. Experience the power of renewable energy as Lightsource BP aims to facilitate a shift to a carbon-free grid.
Sep 25, 2023 // Markets & Finance News, Poland, Microsoft, Lightsource BP, Europe
NatWest's £58m Investment in Varco's BESS Projects
Varco Energy secures £58 million in debt financing from NatWest to fund two 114MW Battery Energy Storage Systems in the UK. The projects will support UK's transition to net zero emissions, providing stability and load shifting services to the National Grid.
Sep 25, 2023 // Markets & Finance News, Storage, UK, Europe, Varco Energy
RWE's 35-MW Battery Storage: Powering the Future
RWE is investing EUR 24 million in a battery storage project in Eemshaven, the Netherlands, with an installed power capacity of 35 MW and a storage capacity of 41 MWh. The project is an important step towards integrating wind energy into the Dutch energy system and further expands RWE's advanced battery storage portfolio.
Sep 22, 2023 // Storage, Europe, Netherlands, rwe
Green Genius: 200MW Solar Power Plants Planned in Baltics
Green Genius to build two solar power plants in Lithuania and Latvia with combined capacity of 200 MW. €179m investment to help decentralise energy sources and strengthen energy independence. Construction planned to start in 2024 and be operational in 2025.
Sep 21, 2023 // Plants, Large-Scale, Commercial, Europe, Lithuania, Green Genius, PV Power Plant, Latvia
EDF Grows C&I Presence with SAS Energy Buy
EDF Renewables UK expands its commercial and industrial presence with the acquisition of SAS Energy, a British solar installer. SAS Energy owns a portfolio of 45 projects in development and under construction, and EDF will now offer financed and capital-funded projects in the solar, electric vehicle, and battery storage sectors.
Sep 21, 2023 // Markets & Finance News, UK, Europe, EDF Renewables, SAS Energy
100 MW of Solar: Innovatec, EnBW Unit Join Forces
Innovatec and Senec Italia have signed a MoU to jointly develop 100 MWp of solar projects for sale to third parties. Senec will hold a 49% stake in the SPV, while Innovatec will handle development and permitting. Construction and sale of the portfolio is expected in 2024.
Sep 20, 2023 // Plants, Italy, Europe, enbw, Innovatec
Bulgaria's 237MW Solar Park Starts Construction
Constructing Bulgaria's first hybrid power facility, the 237-MW Tenevo Solar Park. It will be accompanied by 250 MW of wind turbines and 250 MW/500 MWh of battery storage. A joint investment by Eurowind Energy and Renalfa IPP, it will drive Bulgaria's green transition and provide a strong boost for renewable energy in southeast Europe.
Sep 20, 2023 // Plants, Europe, PV Power Plant, Bulgaria