southern europe

Clean energy fund manager Glennmont Partners from Nuveen has actually released BNZ, a new independent power producer company (IPP), to create, build and run solar photovoltaic (PV) projects in Southern Europe. BNZ intends to get to an installed ability of 1GW throughout Italy, Portugal and also Spain by 2024, of which a first 350MW are in innovative growth stage by Glennmont.

Q CELLS has actually secured advancement legal rights for 10 Spanish solar projects as it moves forward with strategies to deliver a multi-gigawatt PV profile in the Iberian Peninsula.

Canadian institutional fund supervisor Caisse de dépôt et positioning du Québec (CDPQ) has acquired a portfolio of 73 Spanish solar plants from renewables financier Q-Energy.

Solar PV has been the motoring aspect behind the growth of Spain's eco-friendly power sector up until now this year, with renewables generation between January and also September up 16.3% on the very same duration of 2019.

Solar jobs have actually once more been discovered to be mostly missing from Italy's eco-friendly auction collection, with brand-new results showing just 5% of contracts mosted likely to the sector in the most recent exercise.

Solar has actually asserted the leading place at Greece's second-ever technology-neutral sustainable public auction, creating costs listed below the 5-euro-cent-per-kWh mark as it got all agreements however one.

Solar developers will have a chance this spring to compete at a new renewable auction in Greece, the latest in a country aiming to take installed PV capacity near the 8GW mark by 2030.

Greece has opted to slightly trim the capacity on offer at the year’s last solar-only tender, setting ceiling prices that reflect the gradual technology cost decreases seen in the country.