Category: News Europe

Constantine Energy Storage and Habitat Energy partner for 462 MWh BESS projects in UK

Constantine Energy Storage has partnered with Habitat Energy for optimisation of three new transmission-connected battery energy storage systems (BESS) in the UK. The three projects are the Ocker Hill near Birmingham, the Whitegate near Manchester, and the Monk Fryston near Leeds. Furthermore, each of these projects has a capacity of 57 MW and a 2.7 hour battery energy storage system. They have 171 MW/462 MWh of flexible capacity in total. These projects are expected to become operational by the summer of 2025.

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Accelera to supply 100 MW electrolyser system for bp’s green hydrogen project in Germany

Accelera will be supplying a 100 MW proton exchange membrane (PEM) electrolyser system for bp’s Lingen green hydrogen project in Germany. This project will utilise Accelera’s advanced HyLYZER® PEM electrolyzer technology. The hydrogen generation system that will power bp’s Lingen project will consist of 20 PEM HyLYZER®-1000 electrolyser units.Furthermore, the system is being manufactured at Accelera’s new electrolyser plant in Guadalajara, Spain.

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bp and Iberdrola begin construction of 25 MW green hydrogen plant in Spain

The joint venture (JV) between bp and Iberdrola España has commenced construction of a 25 MW green hydrogen plant in Spain. The initial phase for this plant consists of earthworks and the development of an approximately 20,000 meter square plot of land next to the bp refinery in Castellón. Civil work for the project will commence in the second quarter of 2025. The plant is expected to be operational in the second half of 2026.

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Matrix Renewables secures €40 million financing for six solar plants in Italy 

Matrix Renewables has closed a €40 million non-recourse financing from UniCredit. This financing will support the development and construction of six solar photovoltaic (PV) plants across Sicily, Campania, and Lombardia. The projects have a total capacity of 40 MW and construction for these projects commenced in September 2024. Operations are scheduled to begin in the first quarter of 2025. Additionally, these projects are also expected to generate full-time jobs during the construction phase.

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Repsol to invest over €800 million in Ecoplant project in Spain

Repsol has invested in the Ecoplant which is a European project aimed at converting urban waste into renewable fuels and circular products. The project is located in Tarragona and is expected to receive an investment exceeding €800 million. This initiative will reduce carbon emissions in the transport sector while promoting the circular economy. It will produce renewable and circular methanol from waste using gasification. Enerkem will repurpose waste that would otherwise be sent to landfills or incinerated.

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Qualitas Energy secures 250 MW wind energy portfolio in Germany

Qualitas Energy has acquired a 250 MW wind energy portfolio in Germany. This portfolio consists of four wind farm projects which are at an advanced stage of development. These have a total of 37 turbines planned across the federal states of Saxony-Anhalt, Hesse, Lower Saxony, and Baden-Württemberg. Furthermore, once operational these projects will generate green electricity for over 166,000 households.

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ACWA Power & Snam ink MOU for green hydrogen development in Europe

ACWA Power has inked a memorandum of understanding (MoU) with Snam to explore potential collaboration and joint investments. This partnership aims to establish a green hydrogen supply chain from Saudi Arabia to Europe. This international supply chain will be dependable and cost-effective. Furthermore, this partnership includes plans to evaluate the development of an ammonia import terminal in Italy to support the delivery of green hydrogen.

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Lhyfe & Masdar ink MoU for green hydrogen development in Europe

Lhyfe and Masdar have inked a Memorandum of Understanding (MoU) to explore opportunities for co-development of large-scale green hydrogen production projects in Europe. This partnership aims to identify collaboration and investment prospects across the green hydrogen value chain. Furthermore, this collaboration between the two companies is expected to leverage their complementary strengths.

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Plug Power and AGA ink agreement for 3 GW electrolyser system

Plug Power has inked a purchase agreement with Allied Green Ammonia (AGA) under which, Plug will supply 3 GW of electrolyser capacity for AGA’s green hydrogen to ammonia plant. This plant is currently under development in Australia. Furthermore, AGA will install a 4.5 GW solar plant in order to power these electrolysers using zero-emission clean electricity. The plant aims to produce approximately 2,700 metric tonnes of green ammonia daily.

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Ørsted divests 12.45 per cent stake in offshore wind portfolio to Brookfield

Ørsted has inked a partnership agreement with Brookfield and its listed affiliate Brookfield Renewables that will acquire a 12.45 per cent minority stake in four of Ørsted’s operational offshore wind farms. These wind warms include Hornsea 1, Hornsea 2, Walney Extension, and Burbo Bank Extension located in UK. These wind farms collectively have a capacity of approximately 3.5 GW. 

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Masdar grows solar and wind portfolio in Europe 

Masdar has expanded its presence in Europe by completing two acquisitions in the Iberian Peninsula. The company along with its institutional partners has acquired Saeta Yield from Brookfield Renewable Partners for an enterprise value of €1.2 billion and an equity value of €696 million. Saeta’s portfolio includes 745 MW of wind assets out of which 538 MW are in Spain, 144 MW are in Portugal, and the rest 63 MW are solar PV assets located in Spain.

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EIB and Iberdrola ink €100 million loan for photovoltaic plant in Italy

The European Investment Bank (EIB) and SACE’s Archimede Guarantee-backed Iberdrola have inked a €100 million green loan to construct a photovoltaic plant in Italy. This project is EIB’s first collaboration with Iberdrola under SACE’s Archimede guarantee framework. The plant will have a renewable energy generation capacity of 242.78 MWp sufficient to cater to the needs of approximately 154,000 Italian households.

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Low Carbon Contracts Company inks hydrogen contracts in Britain 

Low Carbon Contracts Company (LCCC) has inked three hydrogen production contracts under Hydrogen Allocation Round 1 (HAR1). This is part of the British government’s Hydrogen Production Business Model. There are eleven contracts in total and the remaining contacts are expected to be signed early next year. This initial agreement covers the Cromarty, Whitelee, and West Wales projects with a combined operational capacity of 31.8 MW.

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Google and CIP ink 250 MW PPA in Netherlands

Copenhagen Infrastructure Partners (CIP) has inked a power purchase agreement (PPA) with Google through its Energy Transition Fund I in the Netherlands. As part of this agreement, Google will purchase 250 MW of wind energy from the Zeevonk project to support its operations in the Dutch region for a period of 15 years. The Zeevonk project is a joint venture between Vattenfall and CIP, integrating offshore wind, solar energy, and green hydrogen production on a large scale. 

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Vireon secures €3.8 million grant for a 5 MW electrolyser facility in Finland

Vireon Hydrogen has secured a €3.8 million grant from Business Finland to develop a 5 MW electrolyser facility in Jyväskylä, Finland. Vireon has already started the process of developing the Jyväskylä Hydrogen Hub. Phase one of the project is focused on constructing a hydrogen refueling station for heavy-duty transport which is partly funded by a prior EU grant to the company. This station is set to be operational by 2025.

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EIB grants €225 million to Prologis for renewable energy projects in Europe

The European Investment Bank (EIB) has granted a €225 million framework loan to Prologis to facilitate its plan for producing electricity from low-carbon sources. This will be achieved by installing solar panels on the roofs of Prologis’ logistics centers, complemented by battery storage systems. The project will be implemented across multiple locations in Western and Central Europe.

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Iberdrola secures license for 274 MW wind farm in Portugal

Iberdrola has secured a production license from the Portuguese Directorate General for Energy and Geology for a wind farm in the Vila Real and Braga districts. The project has an installed capacity of 274 MW and a production capacity of 601 GWh per year. With an investment of approximately €350 million, the project is designed to integrate wind power with hydroelectric power.

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CREC and Sungrow partner for 1.5 GWh BESS project

Ciiticore Renewable Energy Corporation (CREC) has inked a supply and services agreement with Sungrow for the development of its Battery Energy Storage Systems (BESS). As a part of this agreement, CREC will procure 1.5 GWh of BESS from Sungrow to support its solar power projects. Sungrow will contribute to the project’s engineering and construction design to optimize the integration of BESS into CREC’s solar facilities.

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EBRD inks MoU to support renewable energy auctions in Romania

The European Bank for Reconstruction and Development (EBRD) has inked a MoU with Romania’s Ministry of Energy to assist in the planning and execution of future renewable energy auctions in Romania. The first auction was opened in September 2024 for 1.5 GW of renewable energy generation capacities comprising 500 MW of solar PV and 1 GW of onshore wind. 

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