Green Yellow, a Frech renewable energy company plans to install more than 350 MW of photovoltaic (PV) panels throughout the domestic network of Carrefour, a grocery retailer located in France by 2027. A 20-year contract between the two companies will allow Carrefour to solarise 350 stores and hypermarkets and use the power generated for its own use.
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SSE and Equinor, co-developers of the proposed Dogger Bank D fourth phase of Dogger Bank Wind Farm, have filed a Scoping Report to the Planning Inspectorate. This comes after the Transitional Centralised Strategic Network Plan (tCSNP2) was released by National Grid ESO in March 2024. It contained confirmation that Dogger Bank D will connect to Birkhill Wood, a projected 400kV substation in the East Riding of Yorkshire.
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Rolls-Royce Holdings has announced an order for a 32.6-MW/65.2-MWh battery storage system to supplement the Zeewolde wind farm in the Netherlands. The turn-key contract is from Battery Park Zeewolde and includes a 10-year maintenance agreement. Rolls-Royce’s mtu EnergyPack QG system is set to launch in the summer of 2025. It will help the client in the markets for grid services and energy trading.
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Low Carbon, a UK renewables investor, has won development clearance for a project in Lincolnshire, England, to build a 500-MW solar complex and an energy storage facility. According to the statement, the British Department for Energy Security and Net Zero approved the proposal.
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About 70 per cent of Nestlé Deutschland’s electricity will now be sourced from solar panels and wind farms within Germany. This ensures that production facilities in Hamburg, Neuss, and Biessenhofen will continue to operate on fully renewable power. Nestlé Deutschland plans to procure 80 GWh of renewable electricity annually by the end of 2026, through power purchase agreements with BKW and other energy providers
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Encavis AG has acquired a Spanish solar park portfolio from BayWa r.e. The Almodóvar solar park is a 95 MW solar farm and is already under construction. It is located in Andalucía near the city of Córdoba and has an annual generation of 187 GWh. The solar park is being fitted with advanced monocrystalline PV modules on single-axis trackers.
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Liquid Wind and Uniper have inked a strategic partnership agreement for the development of eFuel facilities to produce fossil-free eMethanol. By joining forces, the companies will leverage each other’s strengths and skills for the commercial-scale development of eFuel facilities, reducing costs, risks and developing the supply chain.
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Gunvor Group and Quercus Real Assets Limited are partnering for the development of up to 3 GW of solar photovoltaic capacity in Italy. According to the agreement, Quercus will leverage its experience in developing renewable projects from permitting to “ready to build” status, while Gunvor will provide funding, management, and optimisation of assets through power purchase agreements.
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KR and IGNIS have partnered to launch IGNIS P2X. IGNIS P2X is a new Power-to-X platform to develop green hydrogen and ammonia projects for industrial applications in hard-to-abate sectors. KKR will invest up to €400 million in the development and construction of future projects. Both the companies will own 50 per cent stake each in IGNIS P2X.
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Encavis AG has secured €300 million syndicated revolving credit. The oversubscribed short-term credit will finance the purchase of wind and solar projects, until 30th April 2025. Furthermore, this is under the company’s accelerated growth strategy 2027. The debt was extended by a funding consortium of eight lenders and led by the Dutch COÖPERATIEVE RABOBANK U.A.
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Sonnedix has entered into two Framework Agreements with Astronergy and Sungrow for the supply of equipment globally. The first agreement involves the supply of 750 MWp of PV modules from Astronergy. The second agreement, signed with Sungrow, covers the supply of 625 MWac of inverters and MV stations.
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Masdar has inked a definitive agreement with GEK TERNA SA and other shareholders of TERNA ENERGY SA to buy 67 per cent of the company’s outstanding shares at completion of the transaction. The transaction is subject to regulatory approvals and other closing conditions. Following the completion of the transaction, Masdar will initiate an all-cash mandatory tender offer to buy all the remaining outstanding shares
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The European Investment Bank (EIB) will provide advisory assistance to Natsionalna Elektricheska Kompania EAD (NEK), Bulgaria’s national electricity company, for the construction of two large pumped-storage hydropower plants. The two new renewable energy projects will be situated at hydropower cascade dams and reservoirs near the towns of Batak and Dospat. Each power plant will have a generation capacity of 800 MW.
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Arise, through its Finnish subsidiary Pohjan Voima, has entered into a co-operation agreement with Finsilva. The co-operation expands opportunities for the development of new wind and solar projects, which may also include battery storage. Pohjan Voima and Finsilva have pinpointed five new project areas suitable for developing approximately 500 MW of wind and solar power. These early-stage projects will now be incorporated into Arise’s portfolio.
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OMV Petrom has expanded partnership with Renovatio. OMV has acquired 50 per cent stake in three photovoltaic projects totalling 130 MW. Both the companies will jointly develop, construct, and operate the projects. The transactions are anticipated to be finalised in the second half of 2024, subject to certain conditions. The parties have agreed to keep the purchase price confidential. These new projects already have access to the national power transmission grid.
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SC Net Zero Ventures, a venture capital investment fund managed by Suma Capital in alliance with Repsol has raised €125 million in its first investment closing. It targets a final goal of €150 million. Repsol and Suma Capital collaborated in 2022 to create SC Net Zero Ventures. Furthermore, Repsol has contributed €50 million in the investment.
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Vestas has secured a 124 MW order for a wind energy project located in Telsiai, Lithuania. The company will provide 20 V162-6.2 MW wind turbines, along with the necessary supply, delivery, and commissioning services. Following the project’s completion, Vestas will service the turbines throughout their operational lifespan under an Active Output Management 5000 (AOM 5000) service agreement.
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Uniper has partnered with NGEN to develop a 50 MW/100 MWh battery storage system at the Heyden power plant site in Petershagen. The battery storage system is anticipated to be operational by 2025. The partnership between Uniper and NGEN emphasises the joint commitment to innovation and sustainability.
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Latvenergo AS has purchased the 124 MW Telšiai project from Utilitas Wind. The project is expected to commence energy production in the first quarter of 2026. The construction of the wind farm will be managed by Utilitas Wind until completion. Furthermore, installation of 20 Vestas 6.2 MW wind turbines is planned within the framework of the project. Upon completion, the Telšiai wind farm is expected to produce sufficient electricity to power over 125,000 households annually.
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Atlantic Green has selected Ameresco and Envision Energy to develop the Cellarhead project, a 300 MW battery energy storage project (BESS) with a maximum energy capacity of 624 MWh. The Cellarhead BESS project will be connected to National Grid’s Cellarhead substation and will provide the UK with additional energy security and reliability.
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