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photovoltaic installation supplying central Cyprus. Photosol Cyprus Akrotiri Solar

Helleniq Energy has acquired a 26 MW solar portfolio in Cyprus, with 43 GWh of electricity per year to be commissioned in 2024. This is a big step towards their 1 GW renewable energy goal by 2025 and 2 GW by 2030. Now owning 40MW in Cyprus and 180 MW elsewhere, Helleniq Energy is positioning itself as a major renewable energy provider.

The 8 MW center has actually been created by a concrete manufacturer to provide around 10% of the yearly electrical power requirements of its close-by manufacturing facility. Under subsidy-free policies, the power will certainly be purchased by the Electricity Authority of Cyprus for the typical rate it would certainly have paid if the electrical energy had actually originated from nonrenewable fuel sources.

The Electricity Authority of Cyprus has issued a public call to select landowners to lease space for the development of large-scale solar projects.

Rubis Photosol seals €43m to build 43 MWp agrivoltaic farms in Lazio, pairing solar with beekeeping to power 12,300 homes—its first Italian project finance with BPCE and Crédit Agricole.

Rubis Photosol secures EUR 60 million loan from Bpifrance, BRED Banque Populaire and CIC for 8 solar projects, ranging 2MW-20MW. Two projects in Bellac and Mainzac will supply energy to Leroy Merlin. Construction underway, with Rubis Photosol managing operations and maintenance.

Ib Vogt has sold a 98MW portfolio of solar projects in Italy to French solar energy producer Rubis Photosol. This multi-gigawatt portfolio includes 10 PV and agrivoltaic projects in the Lazio region, two of which have reached ready-to-build status. With eight projects expected to reach RTB in the next year, this is Ib Vogt's first sale from its Italian portfolio. 380MW of additional projects are currently permitted.

Rubis Photosol locks €39m to build two 46 MW French solar parks, proving disciplined, shovel‑ready PV blocks with bankable offtake still clear lenders amid tight equipment and higher rates.

Greek energy team Helleniq Energy (previous Hellenic Petroleum) is close to getting a 20-MW solar park in Cyprus in a bargain anticipated to be secured within the next few weeks, Insider Greece reports.

The 2.5-megawatt PV facility will be operating under a program meant to protect grid operators against going bust

Norwegian business Ocean Sun has actually signed an agreement to offer its floating solar innovation for utility-scale floating PV projects in Greece and also Cyprus.

Photosol and Aedes Energies to develop projects in Nouvelle Aquitaine and Occitanie regions

Energy gamer takes 80% stake in Photosol as well as 3.4 GW solar development pipeline

Developer Photosol was picked as project developer via a tender released by the Ministry of the Armed Forces in August. The solar park is set up to be appointed in 2022 as well as the ministry, which has actually devoted to making 2,000 ha offered for PV projects, prepares a comparable tender in February, as well as a lot more every 6 months.

Voltalia and Photosol sign corporate PPAs with Leroy Merlin to build three solar and one wind installation for 125GWh of sustainable energy supply annually