Oil-and-gas multinational Shell Plc (LON:SHEL) and utilities Naturgy Vitality Group SA (BME:NTGY) and Verbund AG (VIE:VER) have lined as much as purchase some EUR 1 billion (USD 1.09bn) price of renewable power belongings in Spain from Spanish funding platform Q-Vitality, Reuters reported citing three sources within the know. The aspiring patrons are getting ready to […]
Eco Wave Power Signs Agreement to Construct 2MW Wave Energy Power Station in Spain – EQ Mag Pro
Agreement with Port Adriano is expected to expand Eco Wave’s European presence and advance Spain’s clean energy initiatives Stockholm, Sweden : Eco Wave Power Global AB (publ) (Nasdaq: WAVE, Nasdaq First North: ECOWVE) (“Eco Wave Power” or the “Company”), a leader in the production of clean electricity from ocean and sea waves, today announced that […]
TRIG acquires operational solar park in Spain – EQ Mag Pro
TRIG has acquired a 49% interest in Project Valdesolar, an operating solar park in the province of Badajoz, Spain, from Repsol Renovables (“Repsol”). The project has a generation capacity of 264MW and covers an area of over 6km2, producing enough clean energy to power the equivalent of 140,000 homes. Valdesolar represents approximately 3% of TRIG’s […]
Spain, Portugal emerge as ”energy island” in Europe”s crisis – EQ Mag Pro
Amid the mayhem provoked in the world energy market by Russia’s invasion of Ukraine, Spain and Portugal have emerged in a strategically advantageous position as an “energy island” in Europe, with a relatively low reliance on Russian natural gas. Leaders in renewable energy thanks to solar, wind and hydraulic power, Spain and Portugal are now […]
Santander creates Santander Green Investment, a new renewable energy investment platform in Spain – EQ Mag Pro
Santander already has a share in nine solar and wind projects in Spain. Their combined capacity amounts to some 500 MW. Santander Green Investment’s self-governance model expedites investment in this type of projects to provide the necessary bank guarantees. The bank is a leader in renewable energy financing. It mobilized over EUR 65 billion between […]
VERBUND acquires a 70% share in one photovoltaic and four wind power project companies in Spain with a total capacity of 171 MW from Capital Energy Power Vortice S.L.U. – EQ Mag Pro
VERBUND AG announces the acquisition of 70% of four wind farms and one photovoltaic plant developed by Capital Energy in Spain. The four wind and one PV project companies, respectively, will have a total capacity of 171 MW and will consist of four windfarms totalling to 151 MW, as well as one solar plant with […]
Spain to hold 500-MW renewables auction for CSP, biomass in April – EQ Mag Pro
The Spanish government will hold its next renewable energy auction in April 2022 to award 500 MW to mostly solar and biomass-based projects, the ministry for the ecological transition announced today. The ministry put the proposal for the auction terms to public consultation until January 21. The plan is to hold the event on April […]
Italy, Spain: EIB provides financing to FS Italiane to purchase new high-speed trains in Italy and Spain via €350 million green bond – EQ Mag Pro
Subscriptions of Ferrovie dello Stato Italiane S.p.A bonds worth up to €550 million approved by the EU bank, of which €350 million signed today. The €350 million tranche signed today is the first green bond signed by the EIB in its history. The funding will be used by Trenitalia to purchase high-speed trains for Italian […]
Iberdrola Shuns Renewables Auction, Blaming Uncertainty in Spain
Iberdrola SA skipped an auction for new wind and solar energy capacity in Spain in the latest show of unease by the country’s largest utilities at government attempts to contain energy costs. The company, one of the world’s biggest clean energy developers, didn’t take part in Tuesday’s sale process due to regulatory uncertainty that’s made […]
EU Solar Power Hits New Record Peak This Summer – EQ Mag Pro
New analysis by energy think tank Ember reveals that, for the first time, solar panels generated a tenth of EU-27 electricity during their peak months of June and July this year. New records were set in eight EU countries, including Spain and Germany. However, solar panels still generated less electricity than Europe’s coal power plants, […]
