Tag Archives: solar energy

NIB and NORD/LB Finance Green Genius’ 182 MWp Solar Projects in Lithuania with Battery Storage Integration

(IN BRIEF) NIB and NORD/LB will provide up to EUR 64 million to finance two 91 MWp solar parks in Izabelinė and Lieponys, Lithuania, developed by Green Genius. Supported by the InvestEU programme, the projects include an 18 MW battery … Read the full press release

Sandoz Partners with Elawan Energy on 150 MW Spanish Solar Project to Power Nearly 90% of European Operations

(IN BRIEF) Sandoz has signed a 10-year virtual PPA with Elawan Energy to develop 150 MW of new solar capacity in Valladolid, Spain, expected to meet almost 90% of electricity demand for its European operations. This partnership is a key … Read the full press release

METLEN and Copec EMOAC Partner to Deliver 450 GWh of Renewable Energy in Chile with Nighttime Storage Support

(IN BRIEF) METLEN has signed a 15-year agreement with Copec EMOAC to deliver 450 GWh of renewable electricity annually from four solar plants in Chile, beginning in Q2 2026. The deal includes energy delivery during nighttime hours, supported by 322 … Read the full press release

NIB Provides €18.3 Million Financing for LEED Platinum Rental Housing in Turku and Kirkkonummi

(IN BRIEF) NIB has extended an €18.3 million, 10-year loan to Joo Group Oy to support four new residential buildings in Turku and Kirkkonummi, Finland, totaling a €40 million investment. Slated for delivery in 2025, the developments will add nearly … Read the full press release

DHL’s €500 Million Middle East Push: Upgraded Hubs, Electric Fleets and E-Commerce Growth

(IN BRIEF) DHL Group is committing more than €500 million from 2024 to 2030 to deepen its footing in Saudi Arabia and the UAE, key hubs in its Strategy 2030 growth plan. Covering all four divisions—Express, Global Forwarding, Supply Chain … Read the full press release

Centrica Business Solutions Partners with Carpenter Ltd to Install 1MW Solar Array, Transforming Unused Land into Green Energy Source

(IN BRIEF) Centrica Business Solutions has partnered with Carpenter Ltd to decarbonise its Glossop manufacturing site by installing a 1MW solar array on a previously unusable steep bank. The solar farm, set to generate 1,025 MWh annually, will cover 15% … Read the full press release

Energiekontor Secures Financial Close for First Two Solar Park Projects in France as Part of Expansion Strategy

(IN BRIEF) Energiekontor AG, a leader in wind and solar energy projects, has successfully achieved financial closure for two solar park projects in France, marking a key milestone in its expansion into the French market. Located in the Occitania region, … Read the full press release

DNV Launches Advanced Solar Resource Measurement Stations to Boost Italy’s Renewable Energy Efforts

(IN BRIEF) DNV has launched a network of advanced solar resource measurement stations across Italy to support the country’s renewable energy goals. These stations measure solar irradiance, albedo, and soiling data to optimize energy output, particularly for bifacial solar modules, … Read the full press release

Ingka Investments Launches First Solar Park in Poland, Expanding Commitment to Renewable Energy

(IN BRIEF) Ingka Investments has inaugurated its first solar park in Poland, a 29 MW installation in Recz developed with Enerparc. The project adds to Ingka Group’s renewable energy portfolio in the country, which now includes seven wind farms and … Read the full press release

Norway Fuels Ukraine’s Green Rebuild with NOK 180 Million Investment in Energy-Efficiency Projects

(IN BRIEF) Norway has allocated NOK 180 million (around EUR 16 million) through Nefco to drive Ukraine’s green recovery and reconstruction efforts by funding energy-efficiency projects that renovate schools, hospitals, and wastewater facilities, as well as by installing solar energy … Read the full press release

AkzoNobel Advances Towards 100% Renewable Electricity with Major Milestones in China

(IN BRIEF) AkzoNobel is making significant progress in China toward its goal of achieving 100% renewable electricity across its production sites. Currently, eight of the company’s 15 facilities in China are utilizing a combination of self-generated and externally sourced renewable … Read the full press release

University of Twente Team Wins First Place at WED for Sustainable Plastic Waste Solution

(IN BRIEF) The University of Twente team won first place at World Engineering Day for Sustainable Development (WED) for their innovative “ManufacturingBox” project. This solution addresses plastic waste and inadequate housing by creating a self-sustaining microfactory that turns plastic waste … Read the full press release

RWE Launches First Solar Plant in Italy, Advancing Renewable Energy and Biodiversity Efforts

(IN BRIEF) RWE has inaugurated its first solar plant in Italy, the 8.3 MWac Bosco facility, which will provide green electricity to 7,000 households. The project features a wildlife-friendly fence and is integrated with RWE’s local wind farms to optimize … Read the full press release

TÜV Rheinland Discusses Solar Energy Innovations and Testing Challenges at Cologne Conference

(IN BRIEF) TÜV Rheinland’s Solar Energy Conference in Cologne addressed key developments in photovoltaic technology, regulation, and testing. The event focused on the evolving standards for PV modules, the introduction of new technologies like perovskite cells, and the increasing number … Read the full press release

Natixis CIB Closes $612 Million Financing for MN8 Energy’s Solar Projects in the U.S.

(IN BRIEF) Natixis Corporate & Investment Banking (Natixis CIB) has closed a $612 million construction bridge financing deal to support MN8 Energy’s solar energy projects across North Carolina, Kentucky, and Illinois. The financing will aid the development of three photovoltaic … Read the full press release

LEGO Group Expands Solar Energy Capacity, Accelerates Sustainability Efforts

(IN BRIEF) The LEGO Group has made significant progress in its sustainability efforts by increasing its solar energy capacity by 61% globally over the past two years. The company has installed solar panels across six factory sites and plans to … Read the full press release

Energiekontor Secures Building Permits for 220 Megawatt Wind Projects, Expanding UK Portfolio

(IN BRIEF) Energiekontor AG, a leading German developer of wind and solar parks, has secured building permits for four significant wind park projects in Scotland and Germany in January 2025. The approved projects in Scotland include three wind parks with … Read the full press release

Orange Launches Nuanua Project to Enhance Connectivity in Wallis and Futuna Using SES’s O3b mPOWER System

(IN BRIEF) Orange has launched the Nuanua project, aiming to replace existing satellite infrastructure in the Wallis and Futuna Islands with SES’s O3b mPOWER system. This initiative will enhance connectivity for the nearly 12,000 residents by providing faster, more reliable … Read the full press release

DFCC Bank Achieves Historic Dual Listing of Green Bond on Luxembourg Stock Exchange

(IN BRIEF) DFCC Bank has achieved a historic milestone with the dual listing of its Green Bond on the Luxembourg Stock Exchange (LuxSE) and its display on the Luxembourg Green Exchange (LGX). This follows the bond’s initial listing on the … Read the full press release

EIF and EIB Group Launch €94 Million Green Financing Initiative for Italian Households

(IN BRIEF) The European Investment Fund (EIF) has launched a synthetic securitisation operation with a €94 million mezzanine guarantee, supported by a counter-guarantee from the European Investment Bank (EIB). This initiative, focused on green projects, is designed to help Italian … Read the full press release