Thyssenkrupp Nucera has secured a contract to supply a 300 MW electrolyser for Cepsa’s green hydrogen facility in Spain. Under an agreement announced at the World Hydrogen Summit in Rotterdam, Cepsa has awarded the electrolyser specialist a contract to provide a basic engineering design package and assist in the facility’s design and engineering process up to the Final Investment Decision (FID).
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Umicore has signed a second 10 year power purchase agreement with Gasum to source renewable electricity for its site in Kokkola, Finland, where Umicore refines cobalt and produces precursor cathode active materials for electric vehicle batteries. Gasum will supply Umicore with about 35 GWh of certified renewable electricity every year until 2035 from a non-subsidized Finland-based onshore wind farm, which was commissioned in December 2023.
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Eurobank and the Greek Public State have inked a financing agreement with Enipeas Single-Member S.A, a subsidiary of Lightsource bp in alignment with Greece’s National Recovery and Resilience Plan ‘Greece 2.0’. The Enipeas project requires a total investment of €395.15 million for completion.
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Emeren Group Ltd has revealed the successful collaboration with Nuveen Infrastructure, formerly known as Glennmont Partners, in co-developing 199 MW (up to 1.59 GWh) of Battery Storage Projects across two areas in Southern Italy. This partnership is a joint effort between Emeren and Nuveen, resulting in a combined power capacity of 354 MWp
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Soltec has secured a contract to supply 130 MW of its SF7 tracker technology for a solar project undertaken by OHLA in the province of Badajoz. The solar plant will be equipped with the SF7 solar tracker. This tracker features a two-module vertical configuration (2P)
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The UK Government has granted approval for the extension of the Dudgeon offshore wind project, which is a collaboration between Masdar, Equinor, and China Resources Power. On April 17 2024, the UK Secretary of State for the Department of Energy Security and Net Zero
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Vattenfall and BASF have concluded the sale of 49 percent of Vattenfall’s Nordlicht 1 and 2 wind farms to BASF. The Nordlicht wind project is being constructed in the German North Sea without state subsidies. Vattenfall is developing and constructing the Nordlicht sites
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Enefit Green’s subsidiary Enefit Green sp. z o.o. and Polish RES Global Investment sp. z o.o. Partner for green energy transition in Poland. According to the Development Service Agreement, Enefit Green sp. z o.o. will buy 100 per cent of development rights in various early-stage onshore wind projects in Poland.
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Nuveen Infrastructure (formerly Glennmont Partners), a clean energy fund manager, and Exus Renewables, an independent renewables asset management and development firm, have agreed to collaborate on the development of approximately 800 MW of battery storage projects in southern Italy
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Copenhagen Infrastructure Partners (CIP) has secured a majority stake in Elgin Energy through its main fund CI V to deliver and expand its existing 15 GW solar PV and battery portfolio. The collaboration involves a joint investment of £250 million from CIP and Elgin Energy.
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The European Commission (EC) has authorised €1 billion ($1.08 billion) in Greek state aid to help fund the development of two solar-plus-storage projects. The total capacity of these projects, which will improve the reliability of the Greek electrical grid, is 813 MW. By mid-2025, construction will be finished.
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LyondellBasell, a plastics, chemicals, and refining company, has committed to purchase power from a 260 MW solar park planned by Germany’s Encavis Asset Management AG (Encavis AM) north of Berlin. The announcement states that 208 MW of the project’s planned capacity
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UAB Renerga, a developer of wind energy projects in Lithuania has chosen Nordex Group to supply 40 N163/6.X turbines. The Delta4000 series turbines are projected for the 264 MW Pagegiai wind farm project in the west of the country. The contract also comprises a Premium Service contract.
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SSE and Bord na Móna have formed a joint venture, splitting ownership equally, to deliver up to 800 MW of new renewable onshore wind energy in Ireland. Over €1 billion could be invested over the next ten years in developing multiple wind projects across the Midlands
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Korys has increased its ownership in Virya Energy to 70 per cent by acquiring an additional 30 per cent from the Colruyt Group, amounting to approximately €600 million in equity value. With this stake, Korys aims to support Virya Energy in advancing its growth plans
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Renewable Power Capital (RPC), a pan-European renewables developer located in the UK, and Altea Green Power have partnered to build 1 GW of battery energy storage in Italy. With this partnership, RPC’s European storage pipeline—which currently has more than 5.5 GW—additionally gains a new jurisdiction.
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Ventyr, a consortium consisting of Parkwind and Ingka Investments, the investment arm of Ingka Group has won the Norwegian auction for the development of the Sørlige Nordsjø II phase 1 area in the Southern Norwegian North Sea.
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Recurrent Energy, a subsidiary of Canadian Solar Inc has acquired a solar PV portfolio in the south of Spain with a capacity of more than 420 MWp. The recently acquired portfolio is located in Carmona, a municipality in Seville (Andalusia) and consists of a cluster of four projects, Rey I, II, III and IV, with an aggregate capacity of more than 420 MWp.
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The European Investment Bank (EIB) has granted a green loan worth €700 million to Iberdrola. The loan is granted to expand the electricity distribution network in Spain. EIB Director General for EU Operations and Iberdrola Chief Finance, Control and Corporate Development Officer inked the loan’s first €500 million tranche in Madrid.
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Korkia, a Finnish renewables investor, has teamed with Romania-based Econous Green Energy to build 600 MW of solar energy capacity in Romania. By 2025, the partnership’s first projects are expected to be licenced and ready for construction. A 600 MW photovoltaic system generates 780,000 megawatt-hours of power.
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