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Europe

The Top 5: Factors Affecting The Price Of Solar Power

Solar energy has grown exponentially in recent years thanks to the global trend of developing low or zero-emission energy. Clocking exponential growth, solar is on the verge of entering a new era of Terawatt solar. SolarPower Europe’s latest Global Market Outlook reveals that worldwide, global solar capacity doubled in 3 years from 2018, bringing the […]

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Ilmatar Gets Aid to Build Finland’s Largest RE Hybrid Park

Finland’s Ministry of Economic Affairs and Employment (MEAE) has granted EUR 19.5 million in aid to Helsinki-headquartered Ilmatar Energy Oy for the development of a renewable energy hybrid park in the areas of Alajärvi and Kyyjärvi of considerable size by Finnish and European standards. The official statement of Ilmatar has held that the hybrid energy […]

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Manager- Back Office for Market Operations

As a Manager- Back Office for Markets Operations, you’ll report to Head of Finance and Risk Management and following tasks would be a part of your job profile: Ownership of all energy revenue and purchase processes for the Markets Operations of Statkraft in India. This includes contract management (with customers, vendors and power exchanges), customer/ vendor master data. […]

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Fluence, TransnetBW To Build 250 MW Energy Storage System

Fluence Energy GmbH and TransnetBW GmbH have announced that they would deploy the world’s largest battery-based energy storage-as-transmission project. The 250 MW Netzbooster battery-based energy storage system will be located at Kupferzell, a major grid hub in Germany. Fluence said that the project will improve energy security and significantly support Germany’s energy transition pathway by […]

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DIF Announces Investment In Qair – 1GW Global Renewables Platform

DIF Capital Partners (DIF) has announced that it will be investing in Qair through its Infrastructure VII fund. Qair is a French renewable energy platform. The objective of the investment is to step-up the growth and portfolio build out. Last week, DIF had also announced an investment into 5 renewable projects in Australia and Europe. […]

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Coping With Volatility- The New Reality Of EPC Contracts

Engineering, procurement and construction (EPC) firms are operating in an environment of uncertain, complex and ambiguous conditions. They are hit hard by rising commodity prices and cost escalation, exacerbating pressure on margins. The need of the hour is to work transparently and find collaborative solutions to arrive at win-win solutions to manage volatility. Total installed […]

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Tree Energy Solutions, Fortescue Future Industries Team Up for World’s Largest Green Hydrogen Project

Fortescue Future Industries (FFI) and Tree Energy Solutions (TES) have agreed to develop the world’s largest green hydrogen integrated project to help Europe mitigate its current energy and climate crisis in order to bring green molecules to Europe. Green hydrogen is a zero-carbon fuel, that when used produces nothing but primarily water. It is a practical […]

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UK-Based Aukera to Acquire 1000 MW Solar Portfolio in Germany

European RE investment giant Aukera BV has announced that it is to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from Securenergy Solutions AG. Aukera said that Securenergy Solutions will be responsible for the development of the projects, which itintends to build, own, and […]

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OMV Petrom, CE Oltenia Partner for 450 MW Solar Project in Romania

The state-owned utility Complexul Energetic Oltenia (CE Oltenia) and the Romanian oil corporation OMV Petrom will construct 450 MW of solar PV in the country. According to OMV Petrom, a total of over €400 million (US$390 million) will be spent on the installation of four solar parks- nearly triple the installed solar capacity in Romania. […]

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