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Lithuanian wind power plants produced the most electricity last week
Lithuanian electricity TSO Litgrid reports that electricity prices fell 11 percent as wind speeds increased last week. After wind power generation tripled last week, wholesale electricity prices in the Baltics fell. The lowest electricity prices were not on the weekend, as usual, but on a particularly windy Thursday. Windy weather continues this week, with minimum…
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Eurowind Energy strengthens its position in the Germany
Eurowind Energy is currently building nine projects in Germany, with a total capacity of 242 MW. The construction phase covers everything from the initial planning to the point where the park begins producing electricity and is connected to the grid. After that, the park is handed over to the operations department. The largest project underway…
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Neoen wins in France
Neoen, one of the world’s leading producers of exclusively renewable energy is announcing that it has been awarded 46.8 MWp in the latest call for tenders held by the French government’s Energy Regulation Commission (CRE). With three new projects secured, Neoen remains the top awardee in the PPE 2 program of ground-mounted PV tenders, with…
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Statkraft divests part of its RES portfolio in India
Statkraft, Europe’s largest producer of renewable energy, has signed an agreement to sell parts of its renewable energy portfolio in India to Serentica Renewables. The agreement with Serentica Renewables includes a portfolio with a total capacity of around 1.5 GWp in the state of Rajasthan: The Khidrat 445 MWp solar plant which went into operation…
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Vattenfall commissions Germany’s largest Agri-PV Park
With an installed capacity of 76 megawatts (MWp), the Agri-PV farm Tützpatz is currently the largest ground-mounted solar project in Germany, combining power generation with arable farming and animal husbandry on a total area of 93 hectares. Vattenfall secures the profitability of the project through a long-term power purchase agreement (PPA). With Power and Air…
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Moldova 2050 draft Energy Strategy announced
Following a series of earlier announcements, The Ministry of Energy of Moldova presented the draft Energy Strategy until 2050. The announcement was made at a public event, attended by key stakeholders from the public and private sectors, civil society, and development partners. The Energy Strategy of the Republic of Moldova until 2050 aims to ensure…
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GreenIT signs €370 million financing agreement to support its 1GW RES plan
GreenIT, the Italian joint venture backed by Plenitude (a company controlled by Eni) and CDP Equity (part of CDP Group), has signed a new project finance agreement for a total amount of €370 million to support its renewable energy projects. Aligned with the Green Loan Principles, the financing provides new resources to support investments in the…
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Moldova approves new PV plant
A construction of a photovoltaic power plant with an installed capacity of 22 MW, equipped with an electricity storage system of 16,512 MWh has been today approved by The Government of Moldova. The power plant will be located in the commune of Zîmbreni, Ialoveni district, covering an area of 18 hectares. The investment is carried…
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Velto Renewables completes acquisition and begins operation of Solar Farm in Southern France
Velto Renewables announces today the completion of the acquisition from QENERGY of the La Gineste solar farm in La Tourette-Cabardès (Aude), France. Developed and constructed by Q ENERGY, in close collaboration with the local municipality and stakeholders, the 9 MWp facility comprises over 15,000 photovoltaic panels. As a result, the solar farm is expected to…
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ORLEN Lietuva invests in solar energy
ORLEN Lietuva, a subsidiary of ORLEN S.A., is completing the construction of its first renewable energy power plant, directly connected to the Mažeikiai refinery. With an installed capacity of 42.2 MW and a projected annual output of approximately 45 GWh, this investment marks a significant milestone in the company’s shift towards sustainable energy and reduced…
