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The reform of the European Long Term Investment Fund (ELTIF 2.0) offers institutional and private investors significantly better investments in solar projects. And, secondly, Power Purchase Agreements (PPA) provide return of investments independent of public subsidies.
The European renewable energy market in 2024 has seen both massive growth phases as well as uncertainties around legislation and infrastructure readiness in several European markets. Wolf Dietrich – Senior Director Development, UK & Europe of Econergy summarizes key challenges and provides an outlook on growth trends and success factors for 2025.
Fashion is often criticized for its environmental impact, but H&M Group is committed to sustainability. The company has a history of investing in power purchase agreements (PPAs) and energy storage systems. In November 2024, H&M signed a long-term PPA with Polish developer R.Power to boost its global sustainability efforts.
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!
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).
The 180-megawatt solar park is expected to generate over 370 million kWh per year. It supplies the members of the cooperatively organized electricity trader Tri-State under two PPAs.
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.
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.
After a boom, the Polish photovoltaic market has cooled significantly in 2023. But that's no reason to panic. Demand is still strong, but different from previous years, explains Michal Marona.
The project developer is currently building three solar parks in Colorado. All three plants will be used to supply energy to members of the Tri-State electricity cooperative.
Photon Energy's Hungarian subsidiary has completed the construction of a 658 kW PV power plant and has commenced operation. This is based on a 20-year PPA with Clarion Hungary, a subsidiary of Forvia, the seventh largest automotive technology supplier in the world.
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.
Faerch, a leading Finish supplier of circular food packaging with integrated recycling capability, has signed its second 10-year Power Purchase Agreement (PPA) with Better Energy.This contributes to realize a new solar park.
RE-Source 2024 will take place October 24-25 in the former stock exchange building Beurs van Berlage in Amsterdam/Netherlands. One of the co-organizers is SolarPower Europe.
Trina Solar has delivered 140 MW of its Vertex dual-glass bifacial modules to Karavasta Solar in Albania on behalf of Voltalia. The project will be the largest of its kind in the Western Balkans.
International solar developer ib vogt has signed a virtual Power Purchase Agreement (vPPA) with Corning Incorporated for a capacity of 88.78 MW. The deal will supply electricity from the Pato solar power farm, located in the eastern region of Segovia, Spain, to the grid.
Actis-backed Rezolv Energy has selected three companies – CMC Europe, Solarpro and Green Solar Energy – to build the 229 MW ‘St. George’ solar park in Silistra Municipality in Northeastern Bulgaria.
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.
The solar modules of the new plant in Gaweinstal in Lower Austria are installed on trackers. This means that the area can still be used for agriculture. However, the technology also has other advantages.
European Energy has entered several PPAs with Microsoft which will use renewable energy from assets in Denmark and Sweden including hybrid wind and solar projects.
Lynher Energy has signed a Corporate Power Purchase Agreement (CPPA) with a UK-based FTSE100 company. The deal is structured as a sleeved physical PPA to provide reliable solar power to the off-taker over the next 15 years.
A coalition of European associations, among them SolarPower Europe and Eurelectric calls to recognise PPAs for reducing the carbon footprint of electricity used in battery manufacturing.
Covestro and bp have signed a ten-year PPA for electricity from a solar park in Spain. The agreement increases the share of renewable energy in Covestro's total electricity consumption in Spain from less than 10 percent to around 30 percent.
BayWa r.e. has sold the Spanish solar park Almodóvar to the independent power producer (IPP) Encavis AG. The plant in Andalusia, west of Córdoba, is expected to be connected to the grid in the fourth quarter of 2025.
Axpo commenced construction on a 20 MW solar park in northern Italy. Its implementation is integrated into compensatory measures for local communities.
