Category: News Europe

OMV Petrom, CE Oltenia start construction of 550 MW solar parks in Romania

OMV Petrom, CE Oltenia start construction of 550 MW solar parks in Romania

December 23, 2025 | , ,

OMV Petrom and Complexul Energetic Oltenia (CE Oltenia) have commenced construction on their solar parks in Romania, which have a cumulative installed capacity of around 550 MW. TThe development comprises four solar parks that are located in Ișalnița, Tismana, and Rovinari.  OMV Petrom and CE Oltenia are developing the projects as equal partners, each holding a 50 per cent stake. They are scheduled to become operational in 2026. 

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RWE sells 350 MW Polish offshore wind project to PGE

RWE sells 350 MW Polish offshore wind project to PGE

December 22, 2025 | , ,

RWE has entered into an agreement with PGE for the sale of the F.E.W. Baltic II offshore wind project in the Polish Baltic Sea. The project has a planned installed capacity of 350 MW and is located around 50 km off the coast, north of Ustka. The transaction is expected to reach financial close in the first quarter of 2026. As part of the arrangement, RWE has completed the transfer of the documentation for the neighbouring offshore wind site.

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ALTÉRRA and CIP join forces on Growth Markets Fund II

ALTÉRRA and CIP join forces on Growth Markets Fund II

December 19, 2025 | ,

ALTÉRRA has committed capital from its Transformation Fund to Copenhagen Infrastructure Partners’ (CIP) Growth Markets Fund II. The fund will focus on investing in large-scale greenfield renewable energy projects across Asia, Latin America, and the Europe, Middle East, and Africa region. CIP plans to invest through the fund in offshore wind, onshore wind, solar projects, battery storage, and Power-to-X solutions

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Ren-Gas secures financing for e-methane production in Finland

Ren-Gas secures financing for e-methane production in Finland

December 18, 2025 | ,

Nordic Ren-Gas Oy has raised approximately €16 million in a growth financing round. The funding round also saw participation from Taaleri Investments Ltd and Tesi. Additionally, it saw participation from the company’s existing shareholders, Allianz, and Suomen Tavara ja Raha Oy. The raised capital is intended to support renewable e-methane production for the heavy transport and shipping sector in Finland.

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ENCAVIS secures financing to acquire 265 MW Italian solar portfolio

ENCAVIS secures financing to acquire 265 MW Italian solar portfolio

December 17, 2025 | , ,

ENCAVIS has secured a €200 million non-bridge financing facility to fund the acquisition of the Italian solar portfolio known as Giotto, with a total capacity of 265 MW. The financing will be used to acquire the portfolio from EDP Renewables Italia. Additionally, the financing for the acquisition has been provided by UniCredit on a non-recourse basis. The portfolio comprises five solar parks located in Italy, with three projects situated in Lazio and two in Puglia. 

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OX2 begins construction 277 MW wind projects in Finland

OX2 begins construction 277 MW wind projects in Finland

December 16, 2025 | , ,

OX2 has commenced construction of three onshore wind projects in Finland following a final investment decision, covering a cumulative capacity of 277 MW. The Kannisto wind farm is located in Central Ostrobothnia, and the Korkeamaa wind farm and Salo-Ylikoski wind farm are located in Southern Ostrobothnia. Collectively, the three wind farms are expected to generate approximately 860 GWh of electricity annually. 

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EC approves Austrian cleantech manufacturing scheme

EC approves Austrian cleantech manufacturing scheme

December 15, 2025 | ,

The European Commission (EC) has approved, under the European Union (EU) State aid rules, an Austrian scheme worth about €100 million to support manufacturing capacity aligned with Clean Industrial Deal objectives. The approval has been granted under the Clean Industrial Deal State Aid Framework (CISAF) adopted on June 25, 2025. The scheme will be implemented through direct grant

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Iberdrola begins construction on 366 MW solar projects in Spain

Iberdrola begins construction on 366 MW solar projects in Spain

December 12, 2025 | , ,

Iberdrola España has started construction of two solar projects in Valencia, Spain, involving an investment of about $252 million. The projects comprise the Ayora 1 and Cofrentes I solar farms, having a combined installed capacity of 366 MW. These projects are expected to strengthen regional energy independence and are scheduled to be commissioned by the end of 2026.

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AMPYR Distributed Energy secures £50 million mezzanine facility to accelerate UK renewable expansion

AMPYR Distributed Energy secures £50 million mezzanine facility to accelerate UK renewable expansion

December 10, 2025 | ,

AMPYR Distributed Energy (ADE), part of AGP Group, has secured a £50 million mezzanine financing facility to support its acquisitions and project funding activities in the UK’s commercial and industrial renewables market. The capital can be utilised across development, construction, and operational stages for both solar and battery energy storage system projects. 

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Deutsche Bahn and BEE ink solar PPA in Germany

Deutsche Bahn and BEE ink solar PPA in Germany

December 9, 2025 | , ,

Deutsche Bahn (DB), through its subsidiary DB Energie, has entered two long-duration power purchase agreements with Blue Elephant Energy GmbH (BEE) for the supply of around 2.5 TWh of solar power. The power will come from two large solar projects planned in Bavaria and Baden-Württemberg. Both projects are scheduled to become operational by mid-2027. The agreements run for up to 13 years.

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EC allocates €5.2 billion for clean transition technologies

EC allocates €5.2 billion for clean transition technologies

December 8, 2025 | ,

The European Commission (EC) has opened three funding windows under the Innovation Fund, supported by €5.2 billion in EU Emissions Trading System revenues. These include a €2.9 billion call for net-zero technologies, a €1.3 billion auction under the European Hydrogen Bank for renewable and low-carbon hydrogen production, and a €1 billion auction dedicated to industrial process heat decarbonisation.

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Italy auctions 7.4 GW solar and 940 MW wind projects 

Italy auctions 7.4 GW solar and 940 MW wind projects 

December 5, 2025 | , , ,

Italy’s energy management agency has released the results for wind and solar projects under the FER-X Transitory decree. A total of around 940 MW has been allocated to 29 wind projects, with a weighted average award price of €72.851 per MWh. Additionally, approximately 7,700 MW has been awarded to 474 solar projects, with a weighted average award price of €6.825 per MWh.

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Germany announces results of biomass and solar auctions

Germany announces results of biomass and solar auctions

December 4, 2025 | , ,

The Federal Network Agency has released the outcomes of the auctions conducted on October 1, 2025, for biomass plants and solar projects located on buildings and noise barriers. For biomass, the tendered capacity was 813 MW. A total of 807 bids amounting to 940 MW were received. The auction for solar installations on buildings and noise barriers received 140 bids totalling 310 MW against the tendered capacity of 283 MW.

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OX2 acquires 235 MW wind projects in Romania

OX2 acquires 235 MW wind projects in Romania

December 3, 2025 | , ,

OX2 has acquired three onshore wind projects in Romania from Future Power. These three projects, with a cumulative capacity of 235 MW, are located in Vaslui and Vrancea counties. All are expected to be commissioned between 2028 and 2030, subject to the permitting progress. With this acquisition, OX2’s portfolio in the country now exceeds 1.1 GW, covering nine onshore wind projects.

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EC backs cross border projects to boost Europe’s energy network

EC backs cross border projects to boost Europe’s energy network

December 3, 2025 | ,

The European Commission (EC) has designated 235 cross-border energy projects as projects of common interest and projects of mutual interest, in its second list since 2023. These selected projects will be eligible to seek European Union (EU) support through the Connecting Europe Facility and will receive accelerated permitting and regulatory clearances to enable quicker development.

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EWE’s 320 MW hydrogen plant begins construction in Germany

EWE’s 320 MW hydrogen plant begins construction in Germany

December 2, 2025 | , ,

EWE has initiated construction of a 320 MW hydrogen generation facility in Emden, East Frisia, Germany. The civil and structural works have also been contracted to a consortium of construction firms comprising Ludwig Freytag, Gebrüder Neumann and MBN. Production of green hydrogen is expected to commence by the end of 2027, with supply directed to industrial consumers.

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ERG and Skellefteå ink PPA to supply renewable energy in Sweden

ERG and Skellefteå ink PPA to supply renewable energy in Sweden

December 1, 2025 | ,

ERG, through its subsidiary Furukraft AB, has finalised a 10-year power purchase agreement (PPA) with Skellefteå Kraft AB for the supply of renewable electricity in Sweden. The arrangement will begin on January 1, 2026, and covers the pay-as-produced delivery of nearly 150 GWh of power annually, amounting to a total contracted volume of about 1.5 TWh over the full term. 

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Sweden allocates €37 million funding for Stegra’s green steel facility

Sweden allocates €37 million funding for Stegra’s green steel facility

November 28, 2025 | ,

The Swedish Energy Agency has announced an additional €37 million grant through the Industrial Leap initiative will be provided to Stegra. This latest allocation will support the development of the company’s near-zero-emission steel production facility planned in Boden. Stegra has already been granted €100 million under the Industrial Leap initiative in September 2024, after the European Commission authorised €265 million funding.

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Axpo completes construction of 200 MWp solar complex in Spain

Axpo completes construction of 200 MWp solar complex in Spain

November 26, 2025 | , ,

Axpo has finished constructing a 200 MWp solar complex in León province in Spain, comprising four 50 MWp solar plants located across Villadangos del Páramo and Cimanes de Tejar. The Vilecha complex spans more than 360 hectares and is scheduled to begin supplying electricity to Spain’s national grid by the end of the first quarter of 2026. The combined output of the complex is expected to exceed 377,000 MWh annually.

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