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Ikea prolongs PV deal to France
2025.
The offer is currently available in Germany, Italy, Belgium, the U.K., Poland, the Netherlands and also Switzerland. Ikea's Signe Antvorskov Krag, worldwide
Jul 13, 2020 // Residential, Markets & Finance News, Policy, France, Voltalia, Europe, ikea
France's Akuo appreciates growing EBITDA, revenues in 2022
motorist for some of Akuo's hydropower plants in Bulgaria as well as Poland, specifically.
At the end of 2022, Akuo had more than 1.5 GW of capacity in
May 31, 2023 // Markets & Finance News, France, Europe, akuo, EBITDA
Poland's R.Power purchases 59-MWp solar project package in Portugal
Polish solar project developer R.Power announced on Tuesday it has gotten a 59-MWp portfolio of solar projects in Portugal and also is looking for brand-new financial investments in the Iberian country.
Aug 31, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Portugal, Poland, Europe, r.power, Solar Project
Poland's R.Power reports 21 MWp of solar honors in Italy
Polish solar programmer as well as power manufacturer R.Power Group has actually won 21 MWp of solar photovoltaic (PV) projects in Italy's most current public auction, the business revealed.
Feb 4, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Italy, Poland, Europe, r.power
First phase of 290-MW Zwartowo solar park in Poland goes online
The building of Poland's largest solar park is proceeding with the first 204-MWp phase of the Zwartowo project currently feeding tidy electricity to the grid.
Sep 23, 2022 // Plants, Large-Scale, Commercial, Poland, Europe, Zwartowo solar park
ReneSola go back to earnings, acquires 'corresponding' United States properties
office from China to Connecticut, has just recently enhanced its setting in Poland as well as Hungary as well as US states such as Minnesota as well as New York,
Aug 28, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, France, Germany, UK, China, Battery Storage, Hungary, Europe, Asia, North America, renesola, pipeline, acquisition
Electrum Completes 22-MW Solar Farm in Lithuania
Poland's Electrum unit, Everto, has successfully completed a 22-MW solar photovoltaic (PV) farm in Taurage, Lithuania, for Ignitis Renewables. The project encompassed the entire process from site preparation to the final connection to the power grid. The solar facility, covering 36.5 hectares, is now fully operational and involved cabling, grounding, and the assembly of inverters and PV modules.Currently, Electrum is also engaged in developing a 42.2-MWp PV plant for Orlen Lietuva at the Mazeikiai refinery, which is undergoing modernization. The Electrum Group, headquartered in Bialystok, Poland, specializes in energy and information project management across the Baltics and beyond.
What are the key details of Electrum's solar project in Lithuania and upcoming developments?
Key Details of Electrum's Solar Project in Lithuania
Project Completion: The 22-MW solar photovoltaic (PV) farm in Taurage, Lithuania, has been successfully completed and is now fully operational.
Collaboration with Ignitis Renewables: This project was developed in partnership with Ignitis Renewables, a prominent player in the renewable energy sector in the region.
Site Specifications: The solar facility spans 36.5 hectares, illustrating the significant land use necessitated by large-scale solar projects.
Comprehensive Process Management: Electrum oversaw the entire project lifecycle, encompassing site preparation, installation, and the final connection to the electricity grid.
Technical Components: The construction involved meticulous tasks including cabling, grounding systems, and the assembly of inverters and photovoltaic modules essential for solar energy conversion.
Power Generation Capacity: With a capacity of 22 MW, the facility is expected to contribute substantially to local energy needs and promote sustainable energy practices.
Upcoming Developments
New Project with Orlen Lietuva: Electrum is currently working on a 42.2-MWp PV plant at the Mazeikiai refinery, which is in the process of modernization.
Strategic Expansion: This project signifies Electrum's ongoing commitment to expanding renewable energy infrastructure in the Baltic region, particularly in Lithuania.
Technological Advancements: The development at Mazeikiai is likely to incorporate advanced technologies optimized for efficiency and sustainability.
Company Growth: Headquartered in Bialystok, Poland, Electrum aims to leverage its project management expertise to enhance its presence in the energy sector across the Baltics and neighboring markets.
Investment in Sustainability: Both projects underscore Electrum’s dedication to promoting renewable energy and reducing carbon footprints through large-scale solar initiatives.
Expectations for Local Impact: The completion of these solar projects is expected to provide local job opportunities during construction and maintenance phases, while also contributing to improved energy independence for Lithuania.
Future Outlook
Policy Support: Continued governmental support for renewable energy initiatives in Lithuania is likely to boost further investments and projects in the solar sector.
Potential New Projects: Electrum may explore additional solar projects in the region to capitalize on rising demand for clean energy sources, driven by climate goals and energy security concerns.
Community Engagement: Electrum may also focus on engaging with local communities to promote the benefits of renewable energy and garner support for future projects.
Oct 17, 2024 // Plants, Large-Scale, Commercial, Europe, Lithuania, solar farm, Electrum
Grenevia Secures €19M for 40 MW Solar Expansion
Poland's Grenevia, previously known as Famur, has secured a EUR 19 million loan from the Polish Development Fund (PFR) to finance the construction of 40 MW of solar photovoltaic parks. The funding will cover 50% of the project costs across 11 companies under Grenevia's umbrella. The loan, which carries an interest rate linked to WIBOR 6M, is due for repayment by June 30, 2044.Grenevia aims to transition significantly towards renewable energy, intending to derive 70% of its revenue from non-coal sources by the end of 2024. Project-Solartechnik, a subsidiary with nearly 15 years of experience in the solar sector, specializes in large-scale projects. PFR supports significant investments that bolster the Polish economy, having allocated over PLN 12 billion to various projects by mid-2024.
How will Grenevia's new loan impact Poland's renewable energy landscape?
Enhanced Solar Capacity: The loan will enable Grenevia to construct 40 MW of solar photovoltaic parks, significantly increasing Poland's solar energy generation capacity. This could bolster the country's overall renewable energy production, aligning with national climate goals.
Investment in Renewable Technologies: By allocating funds across 11 companies under its umbrella, Grenevia is promoting diverse investment in renewable technologies, which may stimulate innovation and efficiency in solar energy production.
Long-term Financial Planning: The extended repayment period until June 30, 2044, gives Grenevia substantial time to develop these projects and generate revenue from them, resulting in a more stable financial outlook for the company and its stakeholders.
Shifting Revenue Streams: By aiming to derive 70% of its revenue from non-coal sources by the end of 2024, Grenevia is positioned to lead by example in the energy transition, encouraging other businesses in Poland to reduce their reliance on fossil fuels.
Regional Economic Growth: The loan from the Polish Development Fund (PFR) supports local economies by creating jobs in the renewable energy sector, particularly in construction and maintenance of solar parks, thereby contributing to regional development.
Alignment with National Energy Policy: This investment supports Poland's broader energy policy goals, which aim to reduce greenhouse gas emissions and increase the share of renewable energy sources in the national energy mix.
Strengthening Energy Security: An increase in renewable energy production diversifies energy sources, enhancing Poland's energy security and reducing dependence on imported fossil fuels. This diversification is critical for a stable energy future.
Collaboration with PFR: Grenevia's partnership with PFR underscores the role of governmental financial support in facilitating the shift towards renewable energy, showcasing a model that could be replicated by other enterprises in Poland or beyond.
Potential for Technological Advancement: Collaboration with Project-Solartechnik, which has extensive experience in solar projects, may lead to the adoption of advanced solar technologies and practices, which could improve energy efficiency and reduce costs in the long run.
Positive Environmental Impact: Increased solar energy generation will contribute to lowering emissions and minimizing the environmental impact associated with energy production, aligning with global sustainability goals and enhancing Poland's commitment to combating climate change.
Oct 30, 2024 // Plants, Poland, Europe, Grenevia
ERG revealed to establish 600 MW PV portfolio in Germany
with an overall mounted ability of 1,9 GW, including UK, France, Germany, Poland, Romania, Bulgaria as well as Italy. The Aream Group, based in Germany, is a
Dec 8, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, Europe, ERG, Luca Bettonte
Solar-plus-storage designer Pathfinder acquires Hitachi Capital moneying to progress UK pipe
and also other markets. PACE is currently creating projects in the UK, Spain, Poland as well as Canada. In the UK, it has actually an allowed pipeline of about 70
Dec 17, 2021 // Markets & Finance News, UK, Europe, solar-plus-storage, Hitachi Capital
INTEC, Chint to build 328MWp solar portfolio in Denmark
2020 to support the development of 1GW of solar projects in Denmark as well as
Feb 10, 2022 // Plants, Large-Scale, Commercial, EPC, Europe, Denmark, Chint Solar, begreen, intec
FreeVolt, Apparent partner on solar+storage offerings in California
homeowners and C&I customers.
FreeVolt’s panels (manufactured in Poland) incorporate graphene, a highly conductive carbon derivative that the company
Aug 12, 2019 // Manufacturing News, Markets & Finance News, California, USA, CAISO, solar-plus-storage, FreeVolt, Apparent, Jacqueline DeSouza
Taaleri Energia launches 6th renewable resource fund
storage assets. It will concentrate on the Nordic and also Baltic markets, Poland, Southeastern Europe, Iberia as well as Texas.
The fund's very first close is
Nov 4, 2022 // Markets & Finance News, TAALERI ENERGIA
Qualitas inks PPA for 494MW Spanish solar
marketplace where it is present: Germany, Italy, the United Kingdom, and also Poland.
These countries are the primary financial investment focuses of the fifth
Feb 9, 2023 // Markets & Finance News, Spain, PPA, Europe, Qualitas
Bank Pekao bankrolls 67.8-MW Polish solar project by Lithuanian fund
Energetikos currently operates 68.1 MW of solar parks in Poland and also Lithuania as well as is a co-owner of a 185.5-MW wind ranch portfolio
Apr 7, 2023 // Markets & Finance News, Poland, Europe, Lithuania, Bank Pekao