European

/ESSEN, August 25, 2022, 9:30 BST, RWE/ RWE has further strengthened its European renewables business by acquiring Alpha Solar, a Polish photovoltaic (PV) development company. With this, RWE takes over a solar project pipeline in Poland with a total capacity of approx. 3 GWac. The acquisition represents a strategic enhancement for RWE and adds to its existing global development pipeline of 10 gigawatts in solar projects. It was agreed to keep confidentiality on the purchase price. The acquired pipeline is spread across Poland. The majority of projects are of utility-scale…

/LONDON, August 8, 2022, 10:00 BST, RENEWABLE MARKET  WATCHTM/ Corporate renewable energy sourcing continues to boom across Europe. Power purchase agreements (PPAs) and on-site sourcing are set for another record year. The European PPA market has proliferated, with almost a seven-fold increase from 2016 until 2021. European Commercial and Industrial on-site installations are also enjoying rapid growth, with forecasts showing they could reach a total capacity of 407GW by 2030. The current sharp increase and volatility in energy prices are likely to support the corporate renewable PPAs demand in Europe. Corporate…

/TEL AVIV, July 20, 2022, 15:00 BST, Nofar Econergy/ Nofar Energy, listed on the Tel Aviv Stock Exchange, revealed on 22nd July 2022 it intends to install a 255 MW solar power plant on a 290-hectare lot in southern Romania, valuing its endeavour at EUR 135 million. According to data from the International Renewable Energy Agency, the country had 1.4 GW installed in photovoltaic capacity and 3 GW in wind power at the end of last year.

/LONDON, April 20, 2022, 15:00 BST, Econergy/ Econergy Renewable Energy, a leading investor, developer and operator in renewable energy projects across Europe, has entered a partnership with Terna Energy, a company listed on the Athens Stock Exchange. The partnership will see Econergy develop and construct a solar portfolio with a capacity of 460MW as part of a new pipeline of projects in the Greek market.

/DUBLIN, April 13, 2022, 9:30 BST, RWE/ RWE is the global leader in renewable energy with a firm target to achieve carbon neutrality by 2040, with a commitment to invest EUR50 billion by 2030 to expand its green generation capacity to 50GW. Along with this plan, the company will allocate up to EUR1.5 billion in Ireland through the renewable energy project under development. The company has a clear goal and know-how and wants to be a long-term energy partner supporting the Irish Government's plans to transition to 80% renewable electricity generation…

/LONDON, March 11, 2022, 10:00 GMT, NextEnergy Group/ NextEnergy Group, a leading player in the global solar sector, is pleased to introduce Starlight, a new company within the NextEnergy Group focused on renewable asset development globally. Since 2008 the NextEnergy Group has developed over 100 utility-scale solar plants with an installed capacity in excess of 2GW, significantly contributing to global climate change mitigation. Starlight has been established to capture, consolidate and rapidly expand the Group’s renewable energy project development experience and presence.

/BRUSSELS, March 10, 2022, 10:00 GMT, SolarPower Europe/ In a world currently facing an array of challenges from the ongoing Covid-19 pandemic to a huge hike in energy prices and the looming threat of climate change, solar is coming to the fore as the solution to some of our most pressing issues. We know solar can, and must, significantly drive the transition to green energy. In less than ten years, solar power has transformed into the energy solution with the lowest costs and highest flexibility. Innovators are expanding the capabilities…

/BERLIN, February 21, 2022, 10:00 GMT, Axpo/ Axpo has signed a Power Purchase Agreement (PPA) with the Danish company Obton A/S, a leading solar energy investor in Europe, for the Klatzow solar park currently under construction in Mecklenburg-Vorpommern. The ten-year contract demonstrates the important role of PPAs in the expansion of renewable energies in Germany. Construction of the 11 MWp Klatzow solar park near Neubrandenburg is already underway, with commissioning planned for spring 2022.

/LONDON, January 17, 2022, 9:15 GMT, Iberdrola, RENEWABLE MARKET WATCHTM/ Iberdrola, through its British subsidiary ScottishPower has signed two deals to acquire 17 solar photovoltaic (PV) projects in the UK, with a combined capacity of more than 800 MW. The contracts have been concluded separately with Elgin Energy, which owns 12 projects, and Lightsource BP, which controls the rest. Both companies are experienced developers with a long track record in renewable energy. The projects, across England, Scotland and Wales, are in advanced stages of development and will be operational by…