European

/Swindon/Essen, September 3, 2024, 9:30 BST, RWE/ RWE, the UK’s leading power producer, has been awarded Contracts for Difference (CfD) for five of its renewable energy projects in the latest Allocation Round 6 (AR6). The CfD awards have been made to RWE by the Low Carbon Contracts Company, on behalf of the UK Government, following successful bids for two onshore and three solar PV projects (see table below). The inflation-indexed strike price for RWE’s onshore projects was £50.9/MWh and for solar £50.07/MWh (based on 2012 prices).

/BUCHAREST, August 5, 2024, 11:00 CEST, RENEWABLE MARKET WATCHTM/ The European Bank for Reconstruction and Development (EBRD) announced today its decision to provide €12.2 million for the construction of two solar photovoltaic power plants in Romania's Dolj County. This is part of a limited recourse financing package aimed at boosting renewable construction in the country and supporting Romania in meeting its ambitious renewable energy targets. The Eastern European country has committed to increasing the share of renewables in its total energy consumption from 24.3 per cent in 2019 to a…

/LONDON, July 29, 2024, 9:30 BST, RENEWABLE MARKET WATCHTM/ Puespoek Group, one of the leading companies in the field of renewable energies and one of the largest wind power operators in Austria, has launched a solar PV offensive with its agricultural photovoltaic plant (Agri-PV) Nickelsdorf I. Once completed, the company will generate clean electricity for around 100,000 additional households.

/LONDON, July 26, 2024, 10:00 BST, RENEWABLE MARKET WATCHTM/ Ameresco Sunel Energy SA has announced its recently signed agreement to construct Lightsource bp's giant 560 MWp Enipeas solar project in Greece. This flagship project, one of the largest solar assets in Europe, is a testament to the joint venture's commitment to advancing the Greek solar energy sector. Its sheer scale and ambition will impress and inspire everyone involved in Greece's renewable energy sector.

/Edinburgh, United Kingdom, July 17, 2024, 9:30 BST, Boralex Inc./ Boralex Inc. (“Boralex” or the “Company”) (TSX: BLX) is pleased to announce the securement of a power purchase agreement (PPA) for its flagship 106MW Limekiln Wind Farm near Thurso in Caithness, Scotland. Having successfully achieved a government-backed Contract for Difference (CfD) in Allocation Round 5 in September last year, Boralex has gone on to agree a PPA with Statkraft, one of the leading PPA providers in the UK, for a 3-year contract covering the period between commissioning of the wind…

/MADRID, July 11, 2024, 10:00 CEST, Iberdrola/ This new agreement will allow Iberdrola to supply the restaurant chain with a total of 1,500 Gigawatt hours (GWh) of photovoltaic (PV) energy, contributing to accelerating Burger King's path towards decarbonisation and increasing its energy security.

/BUCHAREST, July 4, 2024, 9:00 CEST, Bekaert, Rezolv Energy/ Rezolv Energy, the Actis-backed independent power producer in Central and Southeastern Europe, through their project subsidiary First Looks Solutions S.R.L., have signed a 10-year Virtual Power Purchase Agreement (VPPA) in Romania with Bekaert, a global leader in steel wire transformation and coating technologies. This is one of the largest PPAs ever signed in the region. The deal will see Bekaert buy 100 GWh of additional renewable power per year, reducing annual emissions by more than 41 000 tonnes of CO2e. The power…

/ABU DHABI, UAE & ATHENS, June 20, 2024, 11:30 BST, Masdar/ Abu Dhabi Future Energy Company PJSC – Masdar (“Masdar”), the UAE’s clean energy leader, has announced its definitive agreement with GEK TERNA SA (GEKTERNA.AT) and other shareholders of TERNA ENERGY SA (TENERGY.AT) to acquire 67% of the company’s outstanding shares initially. This is subject to regulatory approvals and other conditions. Upon completion of the initial acquisition, Masdar will launch an all-cash mandatory tender offer to acquire the remaining outstanding shares, aiming to reach 100% ownership.

/MADRID, May 23, 2024, 12:00 CET, Statkraft/ Statkraft has completed the acquisition of the renewable company Enerfin, which is headquartered in Spain. The closing of the Enerfin deal significantly builds scale and strengthens Statkraft’s position in Spain and Brazil. The transaction adds a portfolio of 1.5 GW of wind and solar power projects in operation and under construction, as well as a pipeline of projects under development.