Europe & UK

Europe & UK

Germany to introduce bill to accelerate wind energy expansion -document – EQ Mag Pro

June 9, 2022 Anand Gupta

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Germany’s economy and climate ministry will present a package of measures to speed up the expansion of wind energy, documents reviewed by Reuters showed on Wednesday, as the country turns to renewables to cut its use of Russian fossil fuels. The new law will impose binding area targets for onshore wind energy expansion on the […]

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Europe & UK

Germany’s Sonnen Expands Into Spanish Market With Webatt Energia Acquisition

June 8, 2022 Anand Gupta

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Sonnen says it has 100% acquired solar PV and energy storage system supplier Webatt Energia in Spain It will enable the German company to increase its revenue sources and create additional capacity for future growth In Spain sonnen sees a considerable potential for growth with increased demand for clean, renewable energy German battery storage company […]

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Europe & UK

IEO Says Poland Achieved 10 GW Aggregate Installed PV Capacity By May 2022

June 8, 2022 Anand Gupta

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Latest IEO report sees Poland ending the year 2022 with 12 GW cumulative installed solar PV capacity, having already reached 10 GW in May 2022 At the end of Q1/2022, there were another 12.5 GW of newly developed projects with guaranteed grid connection conditions In the solar PV domain, there is growing interest in prosumer […]

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Europe & UK

German developer offloads 650MW PV project

June 8, 2022 Anand Gupta

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Project near Leipzig will be built on an opencast mine site and will help to rejuvenate the area German developer Moveon Energy has reached an agreement to sell a 650MW solar project near Leipzig to investor Signal Iduna and its financial subsidiary Hansainvest Real Assets. The project, on Lake Hainer, which is near Leipzig, will […]

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Europe & UK

Poland could have 28.5 GW of set up solar in 2030 – IEO

June 8, 2022 Anand Gupta

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Poland is readied to maintain the fast pace of solar capacity deployment in the next years and also get to 20 GW of cumulative set up capacity in 2025 and also up to 28.5 GW in 2030, the Institute for Renewable Energy IEO forecasts. According to IEO’s latest report on the Polish market, launched recently, […]

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Europe & UK

SMA Solar to double manufacturing capacity to 40 GW by 2024 – EQ Mag Pro

June 6, 2022 Anand Gupta

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Photovoltaic (PV) inverters maker SMA Solar Technology AG (ETR: S92) is planning to construct a new gigawatt factory and increase the production capacity at its German headquarters to virtually 40 GW by 2024 amid projections for growth in the green power sector. The German manufacturer will build the new production facilities on a location of […]

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Europe & UK

Baden-Wurttemberg Expands Annual Large Scale Solar Installation Limit To 500 MW

June 3, 2022 Anand Gupta

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The state of Baden-Württemberg has opened the limit for annual large scale solar installations and expanded it to 500 MW It sees this enabling more solar projects from the state participating in Bundesnetzagentur held auctions for disadvantaged areas Expanding large scale solar capacity will also help overcome the dependence on Russian fuel supply and achieve […]

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Europe & UK

RWE acquires a 1.4-gigawatt power plant from Vattenfall and develops the Eemshaven site into a leading energy and hydrogen hub in Northwest Europe

June 3, 2022 Anand Gupta

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RWE will acquire the gas-fired power plant ‘Magnum’ at Eemshaven, the Netherlands, in the province of Groningen from Vattenfall. The two companies have signed an agreement to this effect. The plant, which has been in operation since 2013, is one of the most modern power plants of its kind and has an installed capacity of […]

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Europe & UK

Landmark deal sees RPC more than double its onshore wind portfolio as the UK-based renewable energy company scales up its business – EQ Mag Pro

June 2, 2022 Anand Gupta

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Renewable Power Capital’s 528MW onshore wind cluster deal will provide electricity to power the equivalent to 182,000 homes. The landmark deal worth €800million is the most significant to date in a growing RPC portfolio. The project also sees RPC take over responsibility for procurement and construction management. Renewable Power Capital (RPC) has today reached a […]

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Europe & UK

Alfen builds a 12MW energy storage system with black start functionality for Finnish wind farm – EQ Mag Pro

June 1, 2022 Anand Gupta

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Alfen is building Finland’s third largest electrical energy storage facility for EPV Energy’s Teuva wind farm. When completed in spring 2023, the facility will support EPV Energy’s renewable electricity strategy and enable several innovative applications like black start functionality. The facility will have 12MW of power and 12MWh of energy capacity. There’s a great need […]

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