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Europe

Hungarian Energy Storage Scheme Worth €1.1 Billion Receives European Commission Approval

The European Commission has approved a Hungarian scheme worth €1.1 billion, designed to bolster the country’s shift towards a carbon-neutral economy by supporting the establishment of energy storage facilities with a capacity of at least 800 MW/1600 MWh. The scheme aims at enhancing the flexibility of the Hungarian electricity system by supporting storage investments to […]

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SKF Signs VPPA with Enel to Power One-Third of its European Operations

A firm that delves into industrial sustainability, SKF has signed a Virtual Power Purchase Agreement (VPPA) with Enel. The long-term agreement, forged with global energy company Enel, will enable SKF to purchase guarantees of origin from Enel’s forthcoming solar project in Spain over 15 years. The purchased guarantees of origin will match the electricity consumption […]

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Europe’s Solar Firm Alight Signs PPA With Axfood To Build Sweden’s Largest Solar Park 

Europe’s solar developer and Independent power producer Alight and food retail group Axfood have signed a Power Purchase Agreement (PPA) to build Sweden’s largest solar park threefold. The scale of the solar park unlocks the possibility of using non-recourse project financing for the first time, signaling a shift in the feasibility of large-scale solar in […]

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European Clean Energy Developer TagEnergy Raises €570 MillionTo Drive Growth

Clean energy developer and investor TagEnergy announced today a major capital injection, the closing of a dual currency (AU$ and €) green bond totalling a maximum of €570,000,000 (equivalent) with Copenhagen Infrastructure Partners (CIP) and GIC as investors. The fund raise comes at possibly the best time ever for European RE developers, with a market that […]

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Solis Makes its Presence Felt at Intersolar Europe by Unveiling PV Energy Storage Solutions

On June 14-16, 2023, Intersolar Europe, a global photovoltaic event, was kicked off in Munich, Germany. Solis, a manufacturer of energy storage and photovoltaic inverters, used the platform to showcase a new generation of photovoltaic energy storage solutions on the spot. Here is a list of innovations unveiled by Solis on the occasion- Photovoltaic Energy […]

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ProLogium to Unveil Next-Generation Solid-State Battery at ees Europe

ProLogium is attending ees Europe, Europe’s largest battery and energy storage technology event, in Munich, Germany, where it will unveil its next-generation solid-state battery and manufacturing technologies with industry experts. The event is also set to mark the world premiere of ProLogium’s latest breakthrough innovation called large-footprint lithium ceramic battery (LLCB) a brand new next-generation […]

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Gautam Solar Launches Solar Modules for Developers, EPC at Intersolar Europe

Solar manufacturer Gautam Solar has launched N-type TOPCon (Tunnel oxide passivated contact) and Mono PERC Solar modules at Intersolar Europe, a leading exhibition for the solar Industry. Gautam Solar has launched the TOPCon solar modules in two ranges, 420 Wp-435 Wp for distributors, EPC, developers in residential, commercial & industrial (C&I) segments as well as […]

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FIMER to Introduce PV & E-Mobility Solutions on European Stage

Solar Inverter firm FIMER, confirming its presence at the largest European event dedicated to the energy sector, said that it is set to launch new solutions for the solar and EVI markets. These will be showcased at The Smarter Europe 2023 scheduled from the June 14 to 16, 2023 in Munich. FIMER Offerings The firm […]

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Europe’s SOLEK Closes $379 Million Financing for Chile Solar Projects

European renewable energy firm SOLEK has closed a $379 million financing for its portfolio in Chile, consisting of solar photovoltaic utility-scale and PMGD (Small Means of Distributed Generation projects in chile). The solar power projects will come up in the Central Region. SOLEK claims to be a fast-growing company in the renewable energy sector. It […]

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