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Global energy major EDP generates over 41 terawatt hours of renewable energy each year. Around a fifth of supply contracts serve data centres – a sector with a steadily growing appetite for electricity.
The solar energy company is offering employees a chance to invest in its new rooftop PV system in Polch, Germany – supporting the energy transition while generating financial benefits for the team.
Lidsø solar park in Denmark is changing ownership following European Energy’s successful divestment of the project to Alight. Long-term power purchase agreements (PPAs) are secured.
The updated European Long Term Investment Fund regulation (ELTIF 2.0) gives institutional and private investors improved access to solar projects. At the same time, Power Purchase Agreements (PPAs) offer returns that are no longer tied to public subsidies.
Industrial electrification in Europe is struggling under high upfront costs, long investment cycles, rising energy prices, unfair taxation, and fossil fuel subsidies that still exceed €55 billion a year. Eurelectric is calling for an Electrification Bank as part of the EU Clean Industrial Deal.
Denmark is showing how the heating transition can work. District heating plays a central role in this, as Christian Bjerrum Jorgensen, Embassy Counsellor for Energy, explains in an interview. Photovoltaics are now to be increasingly integrated.
NextEnergy Capital announces that NextPower UK ESG – the largest private fund focused specifically on new-build UK solar topped its original target of £500 million by nearly 50%.
The two partners signed a 10-year power purchase agreement (PPA) to supply over 50 GWh of solar energy annually from the new 96 MW Noordoostpolder solar park in Flevoland, starting in 2026.
Goldbeck Solar Investment and the European Bank for Reconstruction and Development (EBRD) have signed an agreement to establish a new joint venture. The business is aimed at strengthening Ukraine's energy resilience and independence.
The European Bank for Reconstruction and Development (EBRD) is lending up to €50 million to Tenevo Solar Technologies EAD to build and operate a fully merchant solar photo-voltaic plant in southeastern Bulgaria. A parallel financing facility of €53 million will be provided by Raiffeisen Bank International, making the total finance package €103 million.
Our next newsletter for investors will be published on February 12, 2025. It deals with the European Long Term Investment Fund (ELTIF). Its reform offers institutional and private investors significantly better investments in solar projects. Sign up for the newsletter to receive the latest B2B information on your desk!
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.
Axpo has signed a power purchase agreement (PPA) with British Solar Renewables (BSR) to buy clean energy from its 25 MW solar PV at Whaddon Farm, Wiltshire. The site is co-located with a utility-scale 16MWh battery energy storage system (BESS).
Capcora, an investment consultant specializing in renewable energies, supported the sale of the project. The huge solar park in the southwest of the country will start operating in 2026. Expansion to include additional technologies is possible.
CCE Holding finalized a EUR 24 million project financing with Commerzbank AG. The loan amount will be used for the construction of a 42.08 MW photovoltaic plant in the municipality of Montalto di Castro in the Italian region of Lazio near Rome.
In order to attract more private capital for renewable energies, the European Union has introduced new regulations into the European Long-Term Investment Fund (ELTIF). Sign up for the newsletter to receive the latest B2B information on your desk.
Econergy Renewable Energy won the recent Romanian Contract for Difference (CfD) auction with the Parau 2 solar project. Additionally a second project financing agreement was signed with Raiffeisen Bank International (RBI).
International renewable energy development platform ib vogt has entered into an agreement to sell their Greek project portfolio to Faria Renewables, a leading Greek renewables IPP. The portfolio is comprised of around 780 MW of solar PV and BESS assets in various stages of development.
Agrivoltaics is considered to have a promising future. However, the example of Germany shows that the building law slows down many projects and the projects have to struggle with material price increases.
Econergy UK, has signed a financing agreement for €28 million in project funding for the Iancu Jianu solar photovoltaic (PV) project in Romania. The project, which has an installed capacity of approximately 58 MW, is currently under construction and expected to be connected during 2025.
Agrivoltaics is being promoted as the ideal way to combine solar power generation and agricultural use. Although it can hardly replace traditional solar parks, it offers interesting opportunities for niche applications, says Carsten Bovenschen, CEO of Juwi, in an interview.
Axpo’s solar and wind divisions Urbasolar and Volkswind have successfully secured a combined capacity of 163 megawatts (MW) in two recent public tenders – also including Agri PV and floating PV.
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.
Swiss based energy company BKW concludes a long-term power purchase agreement (PPA) with the German-Austrian solar developer CCE Holding for a 42-Megawatt solar plant in Lazio/Italy.
Solar developer software, Glint Solar announced an $8 million Series A funding round led by Smedvig Ventures with participation from Momentum, Futurum Ventures and Antler’s Nordic fund. The investment follows a period of growth for the Norwegian startup which has tripled its customer base over last 12 months.
