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projects

© BayWa r.e.
R.Power

Large-scale project in Spain with particularly high yield forecast

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R.Power has been awarded a large-scale PV farm project in Spain with a capacity of 65 MW with an expected particularly high yield. The energy will be sold via a PPA.

© Better Energy
Denmark

Billion-euro equity partnership for renewables

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Andel and Better Energy have entered a joint partnership with the aim to construct 15 renewable energy parks with a capacity of around 2 GW in Denmark between 2024 and 2028.

© Prosolia
MET/Atlantic Copper

Spain: Solar power for copper production via PPA

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MET Energía España, has signed two long-term PPAs. MET will buy the electricity from a solar park from Prosolia Energy to supply Atlantic Copper, the second largest copper producer in the world, with solar power via the distributor Fortia Energía.

© Econergy
United Kingdom

Econergy secures 32 mio. € funding for battery storage project Swangate

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Econergy Group signed a financing agreement as well as a route-to-market agreement with Goldman Sachs through Econergy UK to support the Swangate Project with an installed battery capacity of 102MWh. Connection to he electricity grid is expected by end of 2024.

© Photon Energy
Eastern Europe

Romania: EBRD supports launch of renewable energy auctions

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Supported by the EBRD, Romania has this week launched a Contract for Difference (CfD) mechanism for the construction of renewable energy installations and opened the first auction for 1.5 GW of renewable energy generation capacities – 500 MW of solar PV and 1 GW of onshore wind.

© BayWa r.e.
UK

BayWa r.e.: 150 MW renewable projects in CFD allocation round secured

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BayWa r.e. has successfully secured contracts for three projects, with a combined total capacity of over 150 MW, across onshore wind and solar in Allocation Round 6 (AR6) of the Great Britian Contracts for Difference (CfD) auction.

© Kostal Solar Elektrik
Italy

Kostal and EPC utilise Italian former industrial roof for solar power production

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The two companies have built a solar plant with an output of one megawatt on the roof of an old tobacco processing plant. The bifacial modules ensure a high yield, which the inverters can convert.

© Pfalzwerke
Investor newsletter

Floating PV uses water areas for solar parks

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Our next newsletter for investors will be published on September 25, 2024. It will be about floating solar parks. They use water areas off the coast or on inland waters. Special requirements for the cabling and longevity of the components are offset by an important advantage: there are no costs for the property. Sign up for the newsletter to receive the latest specialist information.

© RePower Ukraine
Ukraine

Backup solar power for Ukrainian hospitals

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The RePower Ukraine Charitable Foundation is spearheading an initiative to equip critical medical facilities in the country with backup solar power systems , bringing energy independence and hope to communities affected by conflict and power disruptions.

© DH2 Energy
Iberia

Portugal: National interest status for DH2 Energy's hydrogen project VVR Green

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The Portuguese Agency for Investment and Foreign Trade (AICEP) has granted its Potential National Interest (PIN) status to the VVR Green renewable hydrogen production project owned by renewable hydrogen developer and producer DH2 Energy.

© Fuella
Industry decarbonization

Norway: EnBW starts marketing process for green ammonia

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EnBW Energie Baden-Württemberg is starting to market 100,000 tons of green ammonia from the Skipavika Green Ammonia (SkiGA) project in western Norway, making it one of the first suppliers of the green hydrogen derivative on the market.

© QEnergy
France 

Q Energy: Financing for 74.3 MW floating solar plant secured

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Q ENERGY announced the debt financial close of its “Les Ilots Blandin” project for a total amount of EUR 50.4m, arranged by Crédit Agricole Transitions & Energies, through its financing arm Unifergie, and Bpifrance.

© Iberdrola
Investments

Norway's sovereign wealth fund invests millions in solar parks in Spain

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Norges Bank Investment Management, manager of the Norwegian sovereign wealth fund Government Pension Fund Global, has signed an agreement to acquire a 49 percent stake in a 644 MW solar portfolio of the Spanish power producer Iberdrola S.A..

© RWE
Hybrid power plants

VSB plans one of Europe’s largest solar-wind hybrid energy parks in Finland

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With the 450-megawatt hybrid project, the company based in Dresden, Germany is planning a utility-scale plant for continuous green electricity generation.

© DRI
Poland

DRI moves forward with 133 MW battery storage project in Trzebinia

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DRI, part of the Ukraine-based DTEK group, has taken an important next step on its 133 MW 4h (532 MWh) battery storage project in Trzebinia, Poland, by acquiring 100% of the shares from Columbus Energy.

© Goldbeck Solar
Interview Goldbeck Solar

Joachim Goldbeck: “Negative electricity prices are a bad fit with PPAs”

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Joachim Goldbeck, the founder and CEO of the Goldbeck Solar Group, analyzes the prospects for the project business. He assesses potential markets and explains in an interview why he already has upcoming investments in Ukraine on his radar.

© Solarduck
North Sea Solar

Floating solar park built off Dutch coast

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The innovative solar project Merganser is located off the Dutch coast, around twelve kilometres off The Hague. It currently has 500 kilowatts of solar power installed. The scalable concept consists of six interconnected platforms.

© malp - stock.adobe.com
Energy storage

Innovative zinc battery stores electricity and produces hydrogen

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The zinc-hydrogen storage system should be able to be produced at a tenth of the cost of lithium batteries and feed hydrogen into the energy cycle on demand, say Fraunhofer IZM researchers. Initial laboratory tests have been very successful.

© Flower
Investor newsletter

Large batteries support solar parks and the grid

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Our next newsletter for investors will be published on August 28, 2024. It will cover the new opportunities for large battery storage systems. SolarPower Europe highlights it as new champions of the energy transition. Sign up for the newsletter to receive the latest specialist information.