Search Results for: photovoltaic farm

PNE AG Exceeds Expectations with Strong Financial Performance and Expansion Strategy

(IN BRIEF) PNE AG reports a highly successful year in 2023, achieving or surpassing strategic goals outlined in its ‘Scale up 1.0’ strategy. With total aggregate output reaching €267.8 million and EBITDA hitting €39.9 million, the company is at the … Read the full press release

DNV Partners with Moss Maritime to Propel Floating Solar Technology in Harsh Environments

(IN BRIEF) DNV, a renowned risk management and quality assurance firm, has collaborated with Moss Maritime, a leading offshore design and engineering services provider, to advance the deployment of floating solar technology, particularly in challenging environmental conditions. This partnership has … Read the full press release

wpd Achieves Wind Energy Milestones in Sweden and Finland

(IN BRIEF) wpd, a leading developer of onshore wind energy projects in Europe, has achieved significant milestones in Sweden and Finland. In Sweden, they’ve commissioned the Stöllsäterberget wind farm and secured contracts for future projects. In Finland, wpd is progressing … Read the full press release

Deutsche Telekom Launches Secure Generative AI Solution for UKA Group

(IN BRIEF) Deutsche Telekom introduces its secure generative AI solution, Business GPT, to UKA Group, a leading renewable energy project developer, marking its debut as a Business GPT customer. Hosted on Telekom’s cloud environments in Europe, the solution ensures compliance … Read the full press release

Pike Solar Project by JUWI Marks Major Leap in Colorado’s Renewable Energy Landscape

(IN BRIEF) JUWI, a subsidiary of MVV, has completed the construction of the Pike Solar project in Colorado, the largest PV project in its history, generating 223.6 megawatts. The solar park will supply energy to Colorado Springs Utilities under a … Read the full press release

RWE and PPC Partner to Propel Greek Energy Transition with Massive Solar Projects

(IN BRIEF) RWE and PPC, in collaboration through their joint venture company Meton Energy S.A., are accelerating Greece’s energy transition by investing in solar projects with a collective capacity of nearly 1 gigawatt. The final investment decision has been made … Read the full press release

KfW Charts Path for 2024: Balancing Domestic Investment and Global Impact

(IN BRIEF) KfW, the state-owned promotional bank, unveils its strategic priorities for 2024, emphasizing a focus on domestic development and global cooperation. Key initiatives include expanding support for construction and housing in Germany, increasing assistance to SMEs, and continuing to … Read the full press release

PNE Group Continues to Advance its Wind Energy Expansion in Germany

(IN BRIEF) PNE Group has commissioned and added two new wind farms in Schleswig-Holstein, Germany, with a combined rated output of 21.6 MW to its renewable energy portfolio. The wind farms are located in Hamwarde and near Stuvenborn and consist … Read the full press release

Losinger Marazzi Secures Four Sustainable Building Projects Worth €410 Million in Switzerland

(IN BRIEF) Bouygues Construction’s Swiss subsidiary, Losinger Marazzi, has been awarded four building projects in Switzerland with a combined value of 401 million Swiss francs (€410 million). These projects are dedicated to sustainability and low-carbon solutions, aligning with the country’s … Read the full press release

EBRD Commits €100 Million to Taaleri SolarWind III Fund for Renewable Energy Projects

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) is investing up to €100 million in Taaleri SolarWind III, a fund managed by Finland-based Taaleri Energia. This investment aims to support the development of 800 MW of new renewable … Read the full press release

GreenPowerMonitor Launches GPM Hybrid PPC: A Game-Changer in Hybrid Power Plant Management

(IN BRIEF) GreenPowerMonitor (GPM), a subsidiary of DNV, has unveiled its innovative Hybrid Power Plant Controller (GPM Hybrid PPC) designed to revolutionize the management of hybrid power plants. Unlike conventional renewable energy plants that rely on a single power source, … Read the full press release

Sorégies Receives Financing Boost for Renewable Energy Development via InvestEU Program

(IN BRIEF) Local energy company Sorégies has secured financing through the InvestEU program, marking a significant step in its strategic plan to prioritize renewable energy development. Sorégies aims to self-generate at least 1,000 GWh of electricity by 2030, aligning with … Read the full press release

VINCI Airports Launches £100 Million Investment to Transform Belfast International Airport

(IN BRIEF) VINCI Airports has unveiled a £100 million, five-year investment plan for Belfast International Airport aimed at enhancing operational efficiency, passenger experience, and environmental performance. The initial phase involves constructing a state-of-the-art £25 million security building that will implement … Read the full press release

Green Electricity Deal: Iberdrola and TMD Friction Services Join Forces

(IN BRIEF) Iberdrola and TMD Friction Services have signed a 15-year contract for the supply of green electricity. Iberdrola will provide approximately 50 GWh of clean energy per year to cover over 50% of TMD’s electricity demand in Germany starting … Read the full press release

BASF Secures Renewable Electricity Supply for Zhanjiang Site Through 25-Year Agreement with SPIC

(IN BRIEF) BASF has signed a 25-year power purchase agreement (PPA) with the State Power Investment Corporation (SPIC) to buy renewable electricity for its Zhanjiang Verbund site in Guangdong province, China. This PPA is part of BASF’s commitment to securing … Read the full press release

Allianz Unveils Net-Zero Transition Plan with 2030 Targets for Emission Reductions and Renewable Investments

Allianz Trade Study Reveals Gap Between Perceived and Actual Inflation, with Germany Experiencing Significant Disparity

(IN BRIEF) Allianz has released its first comprehensive net-zero transition plan, reaffirming its commitment to achieving net-zero emissions by 2050 in its investment and insurance portfolios and by 2030 in its operations. The plan includes 2030 intermediate targets for reducing … Read the full press release

IRENA Report: Solar Power Leads Sharp Decline in Renewable Energy Costs, Indicating Transformative Shift

(IN BRIEF) A recent International Renewable Energy Agency (IRENA) report indicates that 86% of newly commissioned renewable electricity capacity in 2022 cost less than fossil fuel-generated electricity. Solar power notably contributed to this trend, with its global average cost dropping … Read the full press release

RWE Initiates Green Electricity Advancement with Hambach Lignite Opencast Solar Project

(IN BRIEF) RWE is making substantial progress in green electricity production with a new venture at the Hambach lignite opencast mine. They’re constructing a photovoltaic plant integrated with a battery storage system. About 22,000 solar modules will be installed, capable … Read the full press release

Agri-PV Advancement in France: Sun’Agri and RWE Establish Strategic Partnership

(IN BRIEF) Sun’Agri and RWE have formed a strategic partnership to advance the development of agricultural photovoltaics (Agri-PV) in France. Agri-PV combines agriculture and renewable energy by placing solar panels above crops to protect them from climate change effects. Sun’Agri’s … Read the full press release

European Investment Bank and Iberdrola to Drive Energy Transition with €1 Billion Agreement

(IN BRIEF) The European Investment Bank (EIB) and Iberdrola have signed a €1 billion financing agreement to accelerate the energy transition in Europe. The partnership aims to develop 19 solar power plants and 3 onshore wind farms in Spain, Portugal, … Read the full press release

Iberdrola and IFC Join Forces to Support Clean Energy Initiatives in Developing Nations

(IN BRIEF) Iberdrola and the International Finance Corporation (IFC) have formed a partnership to promote clean energy and decarbonization in emerging countries. The collaboration includes a green and sustainability-linked loan from IFC to Iberdrola for energy efficiency improvements in Brazil’s … Read the full press release

Major Renewable Energy Push: Repsol Unveils 1,768 MW Wind and Solar Projects in Italy

(IN BRIEF) Repsol is set to develop renewable energy projects in Italy, totaling 1,768 MW. The portfolio will consist of 943 MW of wind projects and 825 MW of photovoltaic solar projects. Over 60% of the projects are in advanced … Read the full press release

RWE’s Limondale battery energy storage system secures Long-Term Energy Service Agreement in New South Wales

(IN BRIEF) RWE Renewables Europe & Australia has won a bid for a Long-Term Energy Service Agreement to develop a long-duration storage project in New South Wales. RWE’s Limondale battery energy storage system, which will have a planned installed capacity … Read the full press release

Salzgitter and Iberdrola sign long-term green energy supply contract for low-carbon steelmaking

(IN BRIEF) Salzgitter Flachstahl GmbH, a subsidiary of the Salzgitter Group, has signed a long-term power supply contract with Spanish energy producer Iberdrola Deutschland. Under the power purchase agreement (PPA), Salzgitter Flachstahl has secured 114 MW of green electricity for … Read the full press release

Spain leads as Iberdrola’s renewables capacity increases in Q1 2023

(IN BRIEF) Spanish utility company Iberdrola reported an 11% increase in its global renewable energy production during Q1 2023. The company’s renewable energy production reached 24,137 GWh in the first three months of the year, while its installed capacity surpassed … Read the full press release

EnBW opens solar park with battery storage system in Rhineland-Palatinate, Germany

(IN BRIEF) EnBW has opened an open-field solar park with a connected battery storage system in Brandscheid, Rhineland-Palatinate, Germany to help achieve the country’s aim of renewable energy sources supplying 80% of the country’s electricity needs by 2030. The solar … Read the full press release

E.ON’s IElectrix project demonstrates benefits of battery-based energy storage systems for renewable energy integration

(IN BRIEF) E.ON’s IElectrix project has demonstrated that mobile battery-based energy storage systems (BESS) can help to overcome technical hurdles in connecting renewable energy plants to power grids, as well as more efficiently use green energy produced in wind or … Read the full press release

Second PPA signed with EnBW to drive Evonik’s renewable energy ambitions

Evonik to Source Over a Third of its European Power Requirements from Offshore Wind Energy (IN BRIEF) Evonik, a specialty chemicals company, has signed a second power purchase agreement (PPA) with EnBW for an additional 50 MW of offshore wind … Read the full press release

Lightsource bp, ein führender Investor im Energiesektor, erweitert sein Portfolio um 400 MWp an Photovoltaikprojekten im Rahmen einer Vereinbarung, die mit zwei lokalen Entwicklern unterzeichnet wurde, die in Mittel- und Norditalien tätig sind

Lightsource bp investiert in die Regionen Central North, um seine Präsenz auf dem italienischen Markt zu verstärken Partnerschaften mit Solar IT und TEP Renewables für Photovoltaikprojekte mit insgesamt 400 MW unterzeichnet. 163 MW sollen zwischen 2023 und 2024 in Betrieb … Read the full press release

Austria’s largest electricity provider Verbund acquires Illora solar park in Southern Spain

(PRESS RELEASE) VIENNA, 29-Nov-2021 — /EuropaWire/ — Verbund AG (VIE: VER), Austria’s largest electricity provider, has announced the acquisition of the Illora solar project, 150 MWp, in Southern Spain from BayWa r.e., a German leading global solar, wind, and bioenergy … Read the full press release

Chinese Solar Energy company Sungrow FPV gets DNV Statement of Conformity for its anchoring and mooring design methodology for FPV systems

(PRESS RELEASE) BÆRUM, 8-Oct-2021 — /EuropaWire/ — DNV, the independent energy expert and assurance provider, has announced it awarded a Statement of Conformity to the Chinese Solar Energy company Sungrow FPV, a provider of floating solar PV (FPV) for inland … Read the full press release

Enel, Enel X and Confagricoltura partner to bring sustainable energy solutions to the agricultural sector

Agreements were signed to provide tailor-made solutions for the competitiveness of the agricultural sector (PRESS RELEASE) ROME, 9-Aug-2021 — /EuropaWire/ — Enel S.p.A. (BIT: ENEL), an Italian multinational manufacturer and distributor of electricity and gas, and Confagricoltura, representing agricultural enterprises … Read the full press release

Enel and CREA partner to develop solutions to promote coexistence of agriculture and renewable energy

(PRESS RELEASE) ROME, 30-Jun-2021 — /EuropaWire/ — Enel announces partnership with CREA, the largest research organization focusing on agri-food. The Memorandum of Understanding (MoU) was signed by Enel Italia Director Carlo Tamburi and CREA President Carlo Gaudio, to promote research, … Read the full press release

Terna awards tender to 22 specialised firms for turnkey design and execution of electrical substations across Italy

Sustainability, environmental certification and employee safety amongst the winning requirements of the tender New substations to connect wind farms and photovoltaic plants will benefit electricity grid efficiency: the works will involve 22 specialised firms, all Italian, for the next 5 … Read the full press release

Deutsche Bank and Continuum’s world’s first Green Hedge Framework provides additional transparency for investors

(PRESS RELEASE) FRANKFURT AM MAIN, 16-Mar-2021 — /EuropaWire/ — Deutsche Bank (XETRA: DBKGn.DB / NYSE: DB) announces that its has executed the world’s first green hedging transaction with Continuum Energy Levanter Pte Ltd, a subsidiary of Continuum Green Energy (Continuum). … Read the full press release

Atos and HDF Energy to develop new solution to supply green hydrogen to datacenters

(PRESS RELEASE) PARIS, 25-Feb-2021 — /EuropaWire/ — Atos announces partnership with HDF Energy for the development of a complete end-to-end long-term solution to supply datacenters with green hydrogen generated by renewable energy. The new Atos-HDF solution will be the first … Read the full press release

Orange signs 15-year Power Purchase Agreement (PPA) with ENGIE

(PRESS RELEASE) PARIS, 15-Feb-2021 — /EuropaWire/ — French multinational telecommunications corporation Orange announces the signing of a 15-year Corporate Power Purchase Agreement (PPA) with ENGIE, the leading developer of solar and wind power in France, to deliver a global renewable … Read the full press release

DNV GL assessed the operational portfolio of independent renewable power producer T-Solar in Spain and Italy as part of the company’s preparation for potential investors

DNV GL’s vendors due diligence evaluated the operational portfolio of T-Solar in Spain and Italy with a total of forty-five existing photovoltaic projects totalling 173.8 MW of installed capacity and 1,287 MW of installed capacity in pipeline projects Due Diligence … Read the full press release

DNV GL reviewed 216 MW solar energy assets in Spain for Caisse de dépôt et placement du Québec (CDPQ)

(PRESS RELEASE) MADRID, 9-Nov-2020 — /EuropaWire/ — DNV GL, the world’s largest resource of independent energy experts and certification body, has announced it performed a technical due diligence on an operational portfolio of 73 photovoltaic assets in Spain with a … Read the full press release

Caisse des Dépôts’ Banque des Territoires buys 50 per cent equity stake in Total Quadran portfolio of solar and wind energy for EUR 150 million

Caisse des Dépôts' Banque des Territoires buys 50 per cent equity stake in Total Quadran for EUR 150 million

(PRESS RELEASE) PARIS, 29-Jan-2020 — /EuropaWire/ — Leading energy player Total has just announced that Banque des Territoires (Caisse des Dépôts) will acquire a 50% equity stake in Total Quadran’s portfolio of solar and wind energy assets in France for … Read the full press release