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News & Analysis

  • Iberdrola Concluded a Power Purchase Agreement PPA with AGRATI Group to Supply 150 GWh of Green Electricity small

    /FRANCE, January 28, 2025, 19:55 CET, Iberdrola/ Iberdrola has signed a power purchase agreement (PPA) with AGRATI Group, which specializes in the production of fastening systems and mechanical components. Starting in 2025, AGRATI will purchase all the electricity generated by the Florembeau wind farm, located in the commune of Créquy, in the Pas-de-Calais region. This wind farm comprises 5 turbines with a total output of 10.25 MW. An annual output of 21 GWh/y will be sold to AGRATI starting in 2025.

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  • United Group Еnters into Bulgarian Renewable Energy Market with an Investment of EUR 120 million small

    /SOFIA, January 22, 2025, 10:00 GMT, RENEWABLE MARKET WATCHTM/ By 2027, these projects will provide 160% of the electricity needed for the Group's operations in Bulgaria. They will meet 65% of the Group's total electricity demand, eliminating approximately 120,000 tonnes of carbon dioxide emissions from the electricity grid in Bulgaria each year. Together, the projects will have a total installed capacity of 124 MW and an annual generation of 310,000 MWh - enough to power over 60,000 households yearly. In addition, the initiative includes a state-of-the-art battery system capable of storing energy 1.5 times the peak output. This step is a testament to United Group's commitment to accelerating Bulgaria's transition to clean energy, paving the way for a more sustainable future across the Southeast.

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  • IB vogt is Selling 780 MW Solar PV and BESS Portfolio to Faria Renewables small

    /ATHENS, GREECE, January 8, 2025, 10:00 ib vogt, Faria Renewables/ International renewable energy development platform ib vogt has reached an agreement to sell its project portfolio in Greece to Faria Renewables, a prominent Greek independent power producer (IPP) and developer, supported by Omnes Capital’s Capenergie 5 fund and the Faria Group. This portfolio includes approximately 780 MWp of solar photovoltaic (PV) and battery energy storage system (BESS) assets at various stages of development, which features a 45 MWp solar PV power plant that is currently under construction.

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  • DRI and OMV Petrom sign largest ever physical solar offtake agreement in Romania small

    /BUCHAREST, December 20, 2024, 11:00 GMT, DRI, OMV Petrom/ DRI, the EU renewables arm of Ukrainian energy company DTEK, has signed the largest physical solar power purchase agreement (“PPA”) in Romania with OMV Petrom S.A., the largest integrated energy producer in Southeastern Europe. The PPA is a package deal, grouping three PPAs with OMV Petrom over an 8.5-year period for approximately 100GWh per year at a fixed rate, including the sale of physical electricity and Guarantees of Origin.

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