Category: News Europe

Yara opens ammonia terminal in Germany

Yara International has inaugurated its new ammonia import terminal in Brunsbüttel, Germany, located at the strategic junction of the North Sea and Kiel Canal. This facility, with a capacity to import up to three million tonnes of low-emission ammonia annually, is set to play a pivotal role in supporting Germany’s hydrogen economy.

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Octopus Energy invests £2 billion in UK clean energy

Octopus Energy has revealed plans to invest £2 billion in UK clean energy projects by 2030. As part of this initiative, the company, through its Octopus Energy Development Partnership (OEDP) and the Sky fund (ORI SCSp), has signed agreements with BayWa r.e. to develop four new solar farms in Bristol, Essex, East Riding of Yorkshire, and Wiltshire. 

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RWE expands in Portuguese floating offshore wind market

RWE has signed a letter of support with the Port Authority of Setúbal to enhance the port’s infrastructure and support Portugal’s development of floating offshore wind energy. The agreement involves exploring the port’s potential as a key industrial hub for the marshalling, assembly, and deployment of components for large-scale floating offshore wind projects. 

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Infener to build 20 MW green hydrogen hub in Germany

Infener has teamed up with the city of Gengenbach to plan a 20 MW green hydrogen hub. The facility aims to generate up to 2,000 tonnes of green hydrogen per year, supplying the Ortenau district with decentralised, climate-neutral, and cost-efficient energy. The green hydrogen will be produced using water electrolysis, powered by renewable energy in grid-supporting H2 hubs. 

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GE Vernova and Lizard Renewables form JV for clean energy projects in Italy

GE Vernova and Lizard Renewables have announced the creation of Alva Power, a 50-50 joint venture (JV). This collaboration aims to advance Italy’s electrification and decarbonisation objectives by financing the development of renewable energy projects. Alva Power will leverage GE Vernova’s global financial and technological strengths and Lizard’s regional network to drive new renewable energy initiatives.

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MT Group and Ørsted partner to build CCS facility in Denmark

MT Group has partnered with Ørsted to manage the engineering and construction of Balance of Plant (BoP) piping and equipment for a carbon capture project. This contract is part of Ørsted’s 20-year agreement with the Danish Energy Agency (DEA) for the ‘Ørsted Kalundborg CO2 Hub,’ aiming to capture and store 430,000 tons of carbon annually from two power plants.

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Voltalia to build 128 MW solar plant in Ireland

Voltalia has secured a contract from Ørsted to handle the engineering, procurement, and construction of a 128 MW solar power facility. The solar project is situated in County Carlow, Ireland. This new contract expands Voltalia’s footprint in Ireland, pushing the company’s total projects built or under construction in the country to over 540 MW. 

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Locus Energy and Ingrid Capacity partner for 196 MW battery storage in Sweden

Locus Energy and Ingrid have joined forces to enhance Sweden’s energy infrastructure by constructing 13 large-scale battery storage systems across the southern region. This will add 196 MW of flexible capacity to the national grid in SE3 and SE4 price areas. These systems, expected to be operational within 12 months, will significantly alleviate power shortages in 13 communities.

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Octopus Energy and LONGi join forces for global energy transition

Octopus Energy Generation and LONGi, have inked an MOU to initiate a new partnership. This agreement aims to help integrate LONGi into Octopus’s preferred supplier list. The two companies plan to finalise a solar panel supply agreement, enabling Octopus to source panels for future solar farm projects, leveraging LONGi’s leading market position.

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Enfinity Global secures €500 million to develop 1.5 GW of solar projects in Italy

Enfinity Global has announced the successful financial close of €500 million, which, combined with project financing, will support the development and construction of 1.5 GW of solar assets across Italy. This funding was secured through an innovative club deal structure involving key investors such as Infranity, Schroders Capital, Rivage, BNP Paribas Asset Management, and Queensland Investment Corporation. 

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Sunly secures €300 million to expand renewable projects in the Baltics and Poland

Sunly has secured €300 million from Scandinavian and French investors to develop 1.3 GW of solar, wind, storage, and hybrid energy parks. This funding comes from Rivage Investment, a French fund focused on climate solutions; Copenhagen Infrastructure Partners (CIP), through the Green Credit I fund; and Norway’s KLP pension fund.

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