European

/ESSEN/MADRID, August 25, 2023, 08:05 CET, Asterion Industrial Partners/ Asterion Industrial Partners, an independent investment management firm focused on European infrastructure, has signed a purchase agreement for the acquisition of the energy utility STEAG from the consortium Kommunale Beteiligungsgesellschaft (KSBG), which represents the municipal utilities of the cities of Dortmund, Duisburg, Bochum, Essen, Oberhausen, and Dinslaken. The transaction values STEAG at an enterprise value of around €2.6 billion.

/STOCKHOLM, July 20, 2023, 08:05 CET, Vattenfall/ Vattenfall has acquired the German solar developer Solizer. The transaction includes an experienced team and a pipeline of large-scale solar projects in Germany with a volume of 4 GW. This acquisition expands Vattenfall’s German solar development portfolio to 7 GW in total. The first projects from the new portfolio can be ready for construction as early as 2024.

/BRUSSELS, July 19, 2023, 14:00 BST, European Commission, RENEWABLE MARKET WATCHTM/ In their amendments to the draft legislation, Members of the European Parliament (MEPs) propose to further strengthen consumer protection against volatile prices. The reform of the electricity market, to make it more stable, affordable and sustainable, received the support of the Energy Committee on Wednesday (July 19, 2023). Consumers should have the right to fixed-price contracts, dynamic price contracts, as well as more key information on the options they sign up to, banning suppliers from being able to unilaterally change…

/AARHUS, DENMARK, July 4, 2023, 9:30 GMT, Danske Commodities/ Energy trading company Danske Commodities announced today that it has signed a three-year optimisation agreement for the 25 MW battery storage asset, Blandford Road. The agreement marks Danske Commodities’ first battery storage customer in the UK, where the energy trader will utilise its fully automated algorithmic setup to maximise returns across wholesale and ancillary services markets. Under the agreement, Danske Commodities will provide market access, balancing and optimisation services for Blandford Road. The asset is owned by Equinor and is developed and…

/LONDON, July 4, 2023, 10:00 BST, RENEWABLE MARKET WATCHTM/ The Irish government has today (Tuesday, 4 July) approved amendments to the existing Non-Domestic Microgeneration Scheme, operated by the Sustainable Energy Authority of Ireland (SEAI), to extend supports to a wider range of businesses and non-domestic applicants. This will be done through tiered grant supports for solar PV – for installation sizes greater than 6 kWp up to 1,000 kWp (1 MW) capacity.

/BRUSSELS, June 20, 2023, 9:00 BST, RENEWABLE MARKET WATCHTM/ Renewable Market Watch™ will participate in the European Sustainable Energy Week (EUSEW) Under the theme “Accelerating the clean energy transition – towards lower bills and greater skills” from 20 to 22 June 2023. EUSEW is the biggest annual event dedicated to renewables and efficient energy use in Europe. It comprises a series of activities aimed at building a secure energy future for Europe. With 7 plenaries, 61 policy sessions, 35 Energy Fair stands, 128 Sustainable Energy Days, and the fourth edition of the…

/MUNICH, June 16, 2023, 17:00 BST, RENEWABLE MARKET WATCHTM/ Renewable Market Watch™ visited the smarter E Europe Conference and Exhibition in Munich from 13 to 16 June 2023. After three exhibition days and inspiring conferences and forums, Europe’s largest platform for the energy industry publishes a record success: 2,469 exhibitors from 57 countries showcased products and solutions across 180,000 square meters in 17 exhibition halls and an outdoor area. More than 106,000 visitors from 166 countries made their way to Munich to be part of the event this year, and…

/LONDON, May 19, 2023, 16:00 BST, SolarPlaza, RENEWABLE MARKET WATCHTM/ The Second Edition of Solarplaza Summit Romania Took Place in the W. Marriott Bucharest Grand Hotel on 27 April 2023, welcoming over 200 representatives from leading international and local solar companies such as Nofar, BayWa r.e., Kraftfeld, and Electron, to name a few.

/MADRID, May 17, 2023, 11:00 GMT, Repsol/ Repsol will develop renewable projects in Italy, totalling 1,768 MW. It has a portfolio in the country that, once fully operational, will add 943 MW of wind and 825 MW of photovoltaic solar projects to the multi-energy company's portfolio of renewable projects. More than 60% of the projects in Italy are at an advanced stage of development.