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Ingka Group unveils hybrid power park in Portugal, unlocking 233 GWh
Imagine significantly increasing renewable energy output while optimizing an existing grid connection—without building entirely new infrastructure. That is exactly what Ingka Group, the largest IKEA retailer, is doing with its latest renewable energy project in Portugal. The company has announced plans to transform an existing wind park in Portugal into a hybrid renewable energy hub by…
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Qair awarded CfDs for 190 MWp of solar projects in the UK
Independent renewable energy company Qair announced the award of Contracts for Difference (CfDs) for 190 MWp of solar projects in the UK marking the start of its delivery phase in the country. Construction on the first sites is set to begin this year, with initial commissioning targeted for early 2027. This milestone underscores Qair’s ability…
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EBRD finances €34 million for major solar projects in Romania
The European Bank for Reconstruction and Development (EBRD) is providing a senior secured loan of up to €34 million to Solar World SRL, RB Solar Energy SRL and Energie Soleil SRL for the development, construction and operation of two solar power plants in the southern part of Romania. The project will be co-financed by the…
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Lyra Energy secures private sector offtake for a 255 MW solar power plant
Scatec’s joint venture renewable energy platform in South Africa, Lyra Energy (Lyra), has signed power purchase agreements (PPA) with three top tier commercial and industrial offtakers for a large portion of a 255 MW solar power plant (Thakadu). “The announcement of Lyra Energy’s first solar plant in South Africa is a milestone for this trading…
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European Energy inaugurates Northern Europe’s largest combined solar and battery park in Kvosted
European Energy has inaugurated Northern Europe’s largest combined solar and battery park in Kvosted, Denmark. The hybrid asset includes a 200 MWh battery energy storage system (BESS), capable of supplying electricity equivalent to the daily consumption of approximately 18,000 Danish households. The Kvosted project combines an existing utility-scale solar park with large-scale battery storage to…
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Copenhagen Infrastructure Partners acquires Ørsted’s European onshore business
Copenhagen Infrastructure Partners (CIP), through its fifth flagship fund, Copenhagen Infrastructure V (CI V), has agreed to acquire Ørsted’s European onshore business with over 800 MW in operation and under construction plus a multi‑gigawatt development pipeline across Ireland, the UK, Germany and Spain. The acquisition adds a fully integrated, multi-technology onshore business to CI V,…
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Schroders Greencoat buys 283 MW solar PV in the UK
Schroders Greencoat, the specialist energy transition infrastructure manager of Schroders Capital, has entered into an agreement with METLEN Energy & Metals, a multinational industrial and energy company, to acquire a portfolio of seven solar projects in the UK on behalf of its clients. The seven projects, located across England and Scotland, have been developed, constructed…
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Enery starts the Ogrezeni project, one of Europe’s largest solar and BESS plants
Enery, an independent renewable power producer in Central and Eastern Europe (CEE) announces the start of the Ogrezeni hybrid project, combining photovoltaic (PV) generation with battery storage, in Giurgiu County, Romania. With an installed capacity of 761 MWp / 534 MW AC and more than 1 GWh of battery storage, Ogrezeni will be among the…
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PowerBank Announces New 5 MW Distributed Solar and Battery Energy Storage System Project in New York
PowerBank Corporation announced it has executed a lease agreement on a 5 MW AC hybrid solar plus battery energy storage project known as the NY-Holland Glnwd project (the “Project”), in New York. The Project is expected to be eligible for incentives under the New York State Energy Research and Development Authority (“NYSERDA“) NY-Sun and Retail Energy…
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Wärtsilä’s to support Kentucky Municipal Energy Agency
Technology group Wärtsilä has signed a ten-year optimised maintenance agreement with the Kentucky Municipal Energy Agency (KYMEA) in the United States. The agreement covers KYMEA’s new 75 MW power plant, Energy Center I, scheduled for commissioning in 2027. The plant will be powered by four Wärtsilä 50SG engines and will play an important role in…
