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From 2025 to 2029, companies will have access to low-interest loans, including for the construction of photovoltaic systems, though several eligibility criteria must be met.
Sébastien Clerc will take up his new role at InnoEnergy in January 2016, having previously served as CEO of Voltalia.
Metlen has signed a 10-year Power Purchase Agreement (PPA) with Engie to supply solar-generated electricity from six sites across the UK.
A recent decision on transmission grid connection locations has rendered most large-scale solar and wind projects in Croatia financially unviable, prompting the industry to seek EU intervention.
The portfolio includes five subsidy-free solar projects totalling 225 MW, located across the Lazio and Sicily regions.
The updated European Long Term Investment Fund regulation broadens access to solar projects for institutional and private investors, while PPAs now offer returns independent of public subsidies.
The renewable energy company has signed its first project financing agreement in Italy with UniCredit, securing funding for 12 solar PV plants.
The leading European hypermarket chain has launched its first solar power project with a rooftop installation on its logistics centre, marking a milestone for commercial solar viability in the country.
The financial agreement will enable German developer Terra One to secure funding for 500 MW of battery energy storage assets.
The second Summit of Energy Communities will meet in Toledo on 24 September to address energy democratisation and strengthen support for community-led renewable initiatives across Spain.
Negative electricity prices are putting pressure on the PPA business model, but smart combinations with storage and co-location can offer a way forward.
Private capital leveraged by multilateral banks increased markedly in 2024, highlighting stronger cooperation between public and private sources in global climate-related investment.
The fund will target technologies that drive electrification while bolstering Europe’s energy security and industrial competitiveness.
A new report from the International Renewable Energy Agency (IRENA) finds 91 percent of new renewables in 2023 were cheaper than fossil fuel power, but warns of growing financing and integration barriers, especially in emerging markets.
State-backed guarantee schemes to reduce credit risk are a central recommendation in the latest corporate PPA guide.
Climate economists at the Potsdam Institute for Climate Impact Research (PIK) assessed joint fossil fuel levies by smaller state coalitions and found considerable potential for climate finance.
Soltech Energy Sweden has acquired the turnkey solar installer from Nordic Capital, taking full ownership and underlining the ongoing consolidation in the European solar energy market.
Installers in the UK and Germany can look forward to new financing options for solar and storage through a collaboration between distributor Segen and BNP Paribas, with a view to a wider European rollout
Independent validation by DNV secured financial close for one of Latin America’s largest hybrid plants, combining solar capacity with a 1 GWh battery system in Chile.
A €128 million EBRD loan will support the rebuilding and modernisation of the electricity network in Türkiye’s Toroslar region, with a focus on expanding solar power.
Axpo has signed a power purchase agreement (PPA) with British Solar Renewables (BSR) to buy clean energy from its 25 MW solar PV at Whaddon Farm, Wiltshire. The site is co-located with a utility-scale 16MWh battery energy storage system (BESS).
Global energy major EDP generates over 41 terawatt hours of renewable energy each year. Around a fifth of supply contracts serve data centres – a sector with a steadily growing appetite for electricity.
Negative wholesale electricity prices are putting increasing pressure on PPAs. Combined PV and storage projects offer a pragmatic way forward. Read more in our weekly focus, 4-7 August.
The agreement enables stable marketing of 462 MW of solar power, providing long-term revenue certainty for British Solar Renewables and boosting investor confidence in the volatile UK energy market.
The two companies have signed a short-term power purchase agreement (PPA) for the electricity from two EDF solar power plants in the Viotia region.