RPIA - Romanian Photovoltaic Industry Association’s Post

Ireland Launches Second Phase of Small-Scale Renewable Electricity Support Scheme The Irish government has announced the second phase of its Support for Small-Scale Renewable Electricity (SRESS) scheme, targeting community and local projects, renewable energy communities (REC), and small and medium-sized enterprises (SMEs) that generate and export solar or wind energy at a power level of up to 1 MW. This phase offers a guaranteed feed-in tariff without the need for an auction, providing a premium on market revenue for renewable electricity. Government guidelines stipulate that REC prices are set at €150 ($162.70) per MWh for solar projects under 1 MW and €140 per MWh for projects between 1 MW and […] Read the full story here: https://lnkd.in/dxf2XsfA #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #europe #ireland #rec #renewableelectricity #renewableenergy #sress

Australia’s Clean Energy Council (CEC) has found that over 1.4GW of large-scale renewable energy generation projects worth over AU$3.3 billion (US$2.61 billion) were committed to in the third quarter of 2024. #solar

Hungary-based BIG MEGA Renewable Energy has secured a €93 million financing package to build and operate the 102 MW Urleasca onshore wind farm in Romania. The European Bank for Reconstruction and Development (EBRD) came on board to lend over €46 million as part of the project financing package for the Romanian wind farm. “The signing of the financial agreement for Urleasca Wind Farm is a great milestone and part of a far-reaching strategic move by BIG Mega Renewable Energy to grow its activity in Romania and the Balkans,” explained Eran Davidi, CEO of BIG MEGA Renewable Energy. “This project marks a major step on Romania’s path to green energy transition and I’m sure it will pave the way for other projects in the future. We plan to be essential part of this future.”  Davidi added: “We were fortunate to collaborate with our partners EBRD and OTP for financing the Urleasca project and I’m thankful for their great cooperation and unwavering commitment for the success of the project.” BIG MEGA Renewable Energy is a joint venture between Israeli companies Big Shopping Centers Ltd. and Mega Or Holdings Ltd. In addition to the EBRD, OTP Bank also supported the financing of the Urleasca wind farm. Once online, the Urleasca will be capable of generating 277 GWh of clean electricity per annum. Grzegorz Zielinski, Head of Energy Europe at EBRD, noted: “We are excited to support BIG MEGA Renewable Energy’s first renewable energy project in the EBRD’s region. The wind farm is expected to benefit from corporate Power Purchase Agreements and boost Romania’s increase in renewables capacity which is targeted to grow by adding 11.9 GW over the coming years.” Romania made a commitment last year to increase the share of renewables in its total energy consumption from 24.3% in 2019 to 36.2% by 2030, by adding 11.9 GW of new clean energy capacity. #cleanenergy

Australia has seen over 1,400 MW of new commitments for large-scale renewable energy projects in Q3 2024, totalling $3.3 billion in investments! This marks a significant rebound for the sector, with a particular surge in onshore wind and energy storage projects. Notably, energy storage projects have soared by 95%, reflecting a record-breaking 1,235 MW of new capacity, while over 40% of Australia's electricity now comes from renewables. With continued investment, Australia is on track to hit nearly 50% renewable energy share by the end of 2025! 💡 🌱 Australia’s Renewable Energy Sector Sees Strong Growth in Q3 2024: https://lnkd.in/dajbRxUf #RenewableEnergy #Australia #CleanEnergy #WindEnergy #SolarEnergy #EnergyStorage #Sustainability

Tata Power Trading Company Invites EOI For Procurement Of 500 MW Renewable Energy From Solar, Wind, And Hydro Projects #TataPower #RenewableEnergy #EOI #SolarEnergy #WindEnergy #GreenPower #CleanEnergy #Sustainability #PowerProcurement #EnergyTransition https://lnkd.in/gcrH4Y-a

🌍 Romania Achieves Milestone in Renewable Energy Transition Romania's Ministry of Energy successfully allocated 1.52 GW of renewable energy capacity in its first-ever contracts-for-difference (CfD) auction. This includes 432 MW of solar and 1,096 MW of wind power, marking a significant step in the nation's green energy journey. ⚡ Key Highlights: Average PV price: €0.051/kWh Lowest PV bid: €0.045/kWh Project sizes: 5 MW to 200 MW CfD duration: 15 years This auction saw highly competitive bids, coming in 20-30% below maximum prices, reflecting strong investor confidence in Romania's renewable energy future. The initiative is part of a broader effort to allocate 5 GW of solar and wind capacity, demonstrating the country’s commitment to sustainable energy. #RenewableEnergy #SolarPower #WindEnergy #Sustainability #EnergyTransition #Romania #CleanEnergy #GreenEnergy #repowereu Source: https://lnkd.in/dQ9d9yer

Masdar (Abu Dhabi Future Energy Company) Signs Deals for 1 GW Renewable Energy Projects in the Philippines #BatteryEnergy #Masdar #RenewableEnergy #Storage #Wind #solarnews #solar #power #renewableenergy #greenenergy Ashok Kumar Palak Kalra

UAE-based renewable energy company AMEA Power has signed a Power Purchase Agreement (PPA) and a Land Agreement for a 500-megawatt (MW) #windenergy project in #Egypt. The agreements were signed in December 2024 during the inauguration of the company’s 500MW Abydos Solar PV Plant. #middleeast

Alcazar Energy Partners and EPCG Sign MoU for Montenegro’s Largest Wind Farm Reading Time: 2 minutesAlcazar Energy Partners, a leading independent renewable energy investor in growth markets, has signed a Memorandum of Understanding (MoU) with Elektroprivreda Crne Gore (EPCG), Montenegro’s state-owned electricity distribution utility. The agreement marks the beginning of discussions for a Power Purchase Agreement (PPA) for the Bijela wind farm, which, with an export capacity of 118.8 MW, is set to become Montenegro’s largest wind energy project. Strategic Expansion in the Western Balkans The partnership aligns with Alcazar Energy Partners’ expansion strategy in the Western Balkans, reinforcing its goal of becoming a leading infrastructure investor in the region. The European […] - https://lnkd.in/dyZFjvQJ #windenergy #windturbines #offshorewind #windturbine #cleanenergy #climatechange #sustainability #energynews #smartenergy #windfarm #windindustry #renewableenergy #renewables #alcazarenergy #epcg #europe #mou #renewableenergy #windenergy #windfarm

https://lnkd.in/ewysRyxj The energy transition is in action in Australia. World’s largest renewable energy project, size of El Salvador, seeks go-ahead. Up to 3,000 wind turbines and 60 million solar PV panels are planned for vast site in Western Australia. when completed, it will be largest renewable energy project. In the USA, Trump administration is removing support to the renewable energy investments. If all other nations embark on renewable energy in a big way, the demand for gas is going to be affected. What is you view on the ongoing progress and cut backs by the USA? #renewableenergy #Australia