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NextEnergy Capital bags 200MW United States solar
3 ESG's portfolio capacity increases to over 1GW across the US, Chile, Spain, Portugal, Poland and India. The fund has an additional 300MW under exclusivity across
Jun 28, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, nextenergy capital
Prosolia Charges Ahead with EUR 255m Debt Financing
solar activities in Western Europe, with projects spread across Spain, Portugal, France and Italy. Prosolia has a pipeline of 400 MW and expects to reach 2 GW
Jul 28, 2023 // Markets & Finance News, Prosolia Energy
Iberdrola produces JV with insurance policy company to invest in 1GW of Spanish renewables
ability. Solar PV to power carbon-neutral data centres in Spain as well as Portugal A brand-new collaboration between property firm Merlin Properties and also
Apr 8, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Portugal, Battery Storage, Iberdrola, Europe, joint venture, utility, data centres, Merlin Properties, Jakob Carnemark
Octopus backs Spanish renewables designer
investment in Spanish-founded FFNEV will scale activity in Spain as well as Portugal as well as speed up development right into new European countries as well as
Dec 22, 2022 // Markets & Finance News, Spain, Portugal, Europe, Octopus, Vicente Lopez-Ibor Mayor
Portugal approves area for 270-MWp solar plant
The city government of the Portuguese community of Palmela has actually authorized the location for the building of a 270-MWp solar photovoltaic (PV) project proposed by LOGZ Atlantic HUB SA.
Jun 7, 2021 // Plants, Portugal, Europe, PV Power Plant
Portugal solar auction reportedly attracts €20/MWh bids
Portugal’s solar auction is attracting record low bids for the Iberian peninsula, let alone Europe. Portuguese newspaper Expresso claimed on Friday to have obtained information from companies involved in the tendering exercise that indicated significant chunks of the 1.4 GW of generation capacity on offer have been allocated for around €20/MWh (€0.02/kWh). Earlier this month, Portugal’s minister of the environment and energy transition, João Pedro Matos Fernandes, announced a ceiling price for the tender of €45/MWh. In an interview with domestic financial newspaper Sapo, the minister said he was aware average prices for solar in the region were around €55/MWh. In a southern European context, Greece recently allocated 143 MW of new solar generation capacity for €62/MWh. The Iberian peninsula, however, has attracted subsidy free solar projects in recent months at power prices as low as €27/MWh. Two types of offer Developers in the Portuguese tender could present two kinds of offer: one with a fixed price below €45/MWh and another with a variable tariff which includes a requirement to pay compensation to the electricity system, depending on spot market power prices. When a project price is higher than the market price, the Portuguese government will pay the project the difference. When the market price is higher, the project owner makes up the gap. According to Expresso, at least one 200 MW slice of capacity has been allocated under the variable tariff scheme at a price of €23/MWh and several other capacity allocations received bids for the fixed tariff scheme of around €20/MWh. The minister’s judgement in undercutting what was the average solar price will be proved right if the newspaper report is accurate. The solar auction was held on Thursday, Friday and yesterday. The final results are subject to jury approval, with an option for companies to hold a hearing if they wish to contest a bid. The results will be formally published by August 10, by the Directorate-General for Energy and Geology.
Jul 30, 2019 // Storage, Portugal, According to Expresso, João Pedro, Matos Fernandes, Europe
Q Cells obtained 429 MW solar projects in Spain
advancing project growth pipe of Q Cells in Spain currently exceeds 1.5 GW. In Portugal, the business recently safeguarded projects amounting to 315 megawatts at a
Nov 9, 2020 // Plants, Large-Scale, Commercial, Spain, Europe, Hanwha Q Cells, RIC Energy, Solar Project
EDPR inks 216 MW of solar PPAs in Texas
3.7 GW the total protected solar capacity, EDPR, majority-owned by Energias de Portugal SA (ELI: EDP), said.In all, the power titan has actually protected 8.7 GW of
Apr 11, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, PPA, Texas, North America, EDPR
Audax scores ‘strongest H1 to date’ after solar PPA streak
by developer WElink, starting with 218.8MW Solara4 and 46MW Ourika in Portugal. As Audax said at the time, the power bought from the 708MW
Sep 24, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, PPA, pv power plants, subsidy-free pv, Trina, audax, WElink, Statkraft, Jaime Jaquotot
Eurowind places 64MW solar order
agreement provides for the purchase of 118,637 modules for 3 projects in Portugal as well as Denmark. LONGi Solar will supply LR5-72HBD 535-540W devices for
Aug 4, 2021 // Manufacturing News, Plants, Large-Scale, Commercial, Portugal, Europe, Denmark, EUROWIND
Solar marketplace Otovo increases $34m to fund entrance into six European markets
summertime will see the company launch in the UK, Portugal as well as Austria, complied with by an extra three markets in the next year, as it seeks to obtain
Feb 22, 2022 // Residential, Markets & Finance News, Storage, Portugal, UK, Europe, Austria, Otovo
Iberdrola, PepsiCo ink Iberian solar PPA
to all of the brand name's food and also drink centres in Spain as well as Portugal. The PPA will enter into force on 1 January 2023 and covers 11 PepsiCo
Jul 12, 2022 // Markets & Finance News, Spain, Portugal, Iberdrola, Europe, Pepsico
EDPR connects hybrid plant to the grid
solar farm was opened next to the Mosteiro wind park in Sabugal municipality, Portugal, with a direct connection to the substation, taking advantage of the electric
Jan 13, 2023 // Plants, Grids, Portugal, Europe, EDPR, hybrid plant, Duarte Bello, MINA DE ORGUEIREL, MOSTEIRO
Statkraft inks Portuguese solar powerplay
a power purchase agreement (PPA) for output from a 210MW solar plant in Portugal. The Norwegian power supplier will acquire electrical energy from the
Apr 4, 2023 // Markets & Finance News, Portugal, PPA, Europe, Statkraft
EIB gives EUR70m to Iberdrola to advance Portuguese solar
Bank (EIB) and Iberdrola have actually signed a new agreement to accelerate Portugal's energy transition via the development of new renewable energy plants. The
Dec 23, 2022 // Markets & Finance News, Portugal, Europe, eib, Ricardo Mourinho Felix, Jose Sainz