€2.3 Billion To Flow Into European Renewable Energy Projects
Spain’s Solaria Energia & Bruc Raise International Financing In Separate Deals To Back Over 14 GW Capacity
Two Spanish clean energy developers, Solaria Energia y Medio Ambiente and Bruc, have raised a total of €2.3 billion ($2.43 billion) renewable energy financing from separate lenders to build 14.1 GW new clean energy capacity in Europe. The Europ.
Big Solar Deal For Iberdrola
Vodafone Signs Up To Receive 100 Percent Solar Power From Spanish Utility Iberdrola’s 1st PV Plant In Germany
Global telecoms group Vodafone has entered into corporate solar power purchase agreements (PPA) with Spain’s Iberdrola for a total of 410 GWh of solar power annually from the latter’s projects located in Germany, Spain and Portugal to meet its net zero target.
Portugal Tweaks Renewable Energy Targets
Portugal Targets 20.4 GW Solar PV Capacity By 2030 Under Revised NECP Submitted To European Commission
The Government of Portugal has increased the renewable energy ambition under its revised draft of 2030 National Energy and Climate Plan (NECP), now having preponed its target to source 80% of its electricity from renewable energy capacity by 2026, in.
Portuguese Solar Capacity Growing Slowly
Portugal Installed 142 MW New Solar In 5M/2023 As Total Renewables Capacity Exceeds 17 GW
Solar PV capacity installations in Portugal continue to grow at a snail’s pace as the country has installed only 142 MW new projects during 5M/2023 period, according to the Directorate General for Energy and Geology (DGEG), taking the national cumulative to 2.703 GW.
Fresh Finance For Renewable Energy Power Plants In Europe
Iberdrola Bags €1 Billion EIB Financing For 2.2 GW Solar & Wind Energy Capacity In 3 Nations
Spanish energy player Iberdrola has raised €1 billion in a fresh financing agreement with the European Investment Bank (EIB) to build 19 solar power plants and 3 onshore wind farms in Spain, Portugal and Germany, representing a combined capacity of 2.2 GW.
Europe PV News Snippets
Axpo Ventures Into Spanish Solar Market & More From Statkraft, Solar Solutions, EDF Renewables
Axpo has forayed into Spanish solar market with 200 MW project; Statkraft signs up for 40 MW Portuguese solar plant; Solar Solutions to launch n-type and shingled modules at Intersolar Munich 2023; EDF Renewables to supply E.Leclerc subsidiary with 31 MW solar power in France.
Partnership For Self-Consumption Solar Financing In Portugal
Galp Solar & BPI Announce Financing Partnership For Portuguese Businesses To Turn Prosumers With Solar PV Panels
Galp Solar, the solar business arm of Portuguese oil and gas extracting firm Galp, and Banco Português de Investimento (BPI) will offer solar financing and installation solutions for the latter’s corporate clientele in a bid to encourage them to adopt the self-consumption model.
EC Sues Renewables Laggards
European Commission To Drag Croatia, Hungary & Portugal To EU Court of Justice For Not Legislating Bloc’s Renewable Energy Directive
The European Commission (EC) will refer 3 member states of Croatia, Hungary and Portugal to the Court of Justice of the European Union for failing to legislate the bloc’s Renewable Energy Directive that provides legal framework for renewable energy development to reduce GHG emissions.
Europe PV News Snippets
Iberdrola Wins Tender To Build 25 MW Floating Solar Power Plant In France & More From MaxSolar, PAD RES, GRS
Iberdrola bags floating PV plant in France; MaxSolar acquires SEAC’s 3.1 GW German pipeline; RGreen loan for PAD RES for 76 MW solar in Poland; GRS constructing 82 MW solar project in Portugal for KGAL.
Europe’s Largest Solar Power Farm Planned In Portugal
Iberdrola Gets Green Light To Build World’s ‘5th’ Largest Solar PV Project With 1.2 GW Capacity In Portugal
After energizing the largest solar power plant in Europe with 590 MW capacity in Spain in August 2022, Spanish energy player Iberdrola has now secured environmental approval to build an even bigger facility with 1.2 GW capacity in Portugal which it s.
Iberia’s First-Of-Its-Kind Hybrid Wind-Solar Project Online
EDPR’s 1st International Hybrid Wind & Solar Power Plant Grid Connected In Iberian Peninsula With Bifacial Solar Panels
EDP Renewables (EDPR) has grid connected its 1st international hybrid solar and wind power plant, which it says is also the 1st park of its kind on the Iberian Peninsula to combine these 2 technologies comprising an 8.4 MW solar plant next to an 11 MW operational wind park.
Solar Power Activity Picking Up Steam In Portugal
Lots Happening On Portugal’s Solar Stage With Foray Of Octopus Energy, EIB Finance For Iberdrola’s Solar Plants & Neoen Constructing Country’s Largest PV Project
Having simplified its environmental licensing regime for renewable energy projects, Portugal is seeing an uptick in activity related to solar PV technology with Octopus Energy entering the country’s green generation market, Iberdrola securing Europ.
Portugal Goes In For Environmental Licensing Reform
With Simplified Environmental Licensing, Portugal Accelerates Decarbonization Efforts; Joins Spain & France To Launch Green Hydrogen Corridor For Europe
The Government of Portugal has come out with a new legislative package called Ambiente+Simples to ease environmental licensing for renewable energy projects, one of which includes elimination of mandatory environmental impact assessment (EIA) for sol.
Europe PV News Snippets
Photovolt Proposes 840 MW Solar Farm In Oxfordshire, UK & More From Sonnedix, Alight, Encavis, Enviromena
PVDP of Germany has proposed to build an 840 MW solar farm in the UK; Sonnedix ventures into Portugal with 262 MW purchase; Alight secures majority stake investment from DIF Capital; Encavis acquires the world’s ‘largest’ carport in the Netherl.
New Laws To Speed Up Solar Plant Construction In Portugal
Portugal Increases Compensation For Solar Projects Awarded In 2019 & 2020, Citing Inflation & Other Reasons
In a boost for the solar PV industry, Portugal has taken steps to ease permitting processes required for the installation of solar power plants in the country, and announced increased compensation for PV projects awarded in the 2019 and 2020 auctions on account of inflation.
Andy Brown To Quit Portuguese Oil & Gas Major
Ex-Shell Senior Executive & Now CEO Of Galp To Step Down, Leaving Company To Look For A Successor
Andy Brown, the Chief Executive Officer (CEO) of Portuguese oil and gas company Galp that’s also now present in the renewables space, has announced his decision to step down from his position by December 31, 2022, after working with the company for less than 2 years.
‘Unprecedented’ €1 Billion Financing For RE In Europe
Aquila Capital Raises €1 Billion Construction Facility For 2.6 GW Renewable Energy Capacity
The European clean energy development platform of German investment manager Aquila Capital has solar & onshore wind heavy renewable energy project volume of 2.6 GW in Spain and Portugal for which it has raised an ‘unprecedented’ €1 billion construction facility.
Portugal’s Cumulative Solar Capacity Exceeds 2.22 GW
DGEG Says Portugal Installed 546 MW New Solar Capacity Within H1/2022
The cumulative installed solar PV capacity of Portugal at the end of July 2022 reached 2.224 GW, with the addition of 546 MW in H1/2022, according to latest installation numbers released by the country’s Direcao Geral de Energia e Geologia or Directorate General of Energy and Geology (DGEG).
Portugal’s 5 MW Floating Solar Plant Online
EDP Inaugurates ‘Largest’ Floating Solar Plant In Europe On A Reservoir
Energias de Portugal SA (EDP) has commissioned what it calls as the largest floating solar plant in all of Europe with 5 MW capacity, located on a reservoir in Portugal’s Alqueva paired with a 1 MW battery energy storage capacity (BESS) having around 2 MWh storage capacity.
Europe PV News Snippets
Iberdrola’s Maiden Italian Solar Plant Coming Online & More From Solarfields, BayWa, Elektroprivreda, Eiffage
Iberdrola’s 1st solar plant in Italy completes construction; Solarfield & Innova launch Italian solar JV; BayWa wins over 330 MW wind and solar in UK auctions; Elektroprivreda wins 30-year concession for 50 MW PV; Eiffage Energia breaks ground for 40 MW Portugal plant.
