INVL Renewable Energy Fund I, managed by Lithuania’s INVL Asset Management, has secured €24.4 million in funding to propel the construction of a 60 MW solar farm in Dolj County, Romania. Backed by the European Bank for Reconstruction and Development and Eiffel Investment Group, this investment is a significant boost to Romania’s renewable energy landscape. With eight solar projects underway and a total portfolio of 483 MW, INVL is driving the expansion of Romania’s green energy capacity. This is another step toward a brighter, more sustainable future for the region! Funding secured for 60 MW solar plant in Romania: https://lnkd.in/dmUD47FT #SolarEnergy #Sustainability #CleanEnergy #EnergyEfficiency #Renewables
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CEE Group Expands Renewable Energy Portfolio with 102.5 MWp PV Project in Murcia, Spain, Through CEE RF8 Fund The CEE Group, a Hamburg-based asset manager specializing in renewable energies, has acquired a PV project in San Pedro del Pinatar, located in the Region of Murcia, southern Spain. This acquisition is part of the newly launched CEE Renewable Fund 8 (CEE RF8). The solar park, which has a total peak capacity of 102.5 MWp, is currently under construction and is scheduled to be connected to the grid in the second half of 2025. The seller and EPC contractor is a European corporation with extensive experience in developing, constructing, and operating renewable energy facilities. Previously, in 2021, the CEE Group […] Read the full story here: https://lnkd.in/dUjRjRfN #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #ceegroup #europe #ppa #pvproject #renewableenergy #spain
CEE Group Expands Renewable Energy Portfolio with 102.5 MWp PV Project in Murcia, Spain, Through CEE RF8 Fund
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OX2 sells #solar projects of 45 MW in #Spain to Greening Group, a Spanish company active in renewable energy systems. The sale includes late-stage project rights of solar projects located in the Andalucia region and was recorded in the fourth quarter 2023. – Our total portfolio of solar projects was more than 6.4 GW by the end of the third quarter and this is our third divestment in a short time. Solar is an important part of OX2’s broadening in new technologies and a part of driving the great shift to fossil-free electricity, says Paul Stormoen, CEO, #OX2. https://lnkd.in/dyWsNdfs 📸 iStock #acceleratingaccesstorenewableenergy #solarpower
OX2 sells solar projects of 45 MW in Spain - OX2
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Sonnedix, a leading renewable energy producer with over 3 GW of operating capacity, has acquired a 49 MW portfolio of solar PV plants in Portugal, marking its first operational assets in the country. This acquisition is an important milestone in its mission to deliver clean, secure, and affordable energy across Iberia. The 49 MW portfolio of four solar PV plants has been acquired from global renewable energy developer Cubico Sustainable Investments. The projects, which were all brought into operation between 2012 – 2014, are located across southern Portugal in the regions of Evora, Setubal, and Faro. The acquisition demonstrates Sonnedix’s growing footprint in Portugal, enabling scale efficiencies and improved use of resources. Already in operation, the portfolio adds immediate capacity without permitting and construction risk. The whole portfolio is backed by the Portuguese government through a feed-in-tariff (FiT) scheme, which provides long-term revenue certainty and mitigates risk by protecting Sonnedix against price volatility. #Europe #Sonnedix #Energy #power #renewableenergy #portugal #iberia #cubico #powerprojects #powergeneration #powerdistribution #powerdemand #aquisition #energytransition #energygeneration #energypolicy #energyindustry #energyproduction #mergersandacquisitions #europeanunion
Sonnedix acquires 49 MW portfolio in Portugal
energyglobal.com
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As CO2 emissions have no boundaries, great to see the continuous deployment progress of our Southeast Asia strategy and looking forward to expanding the strategy further over the coming months.
We continue to further the energy transition in Southeast Asia and are now investing in the development, construction, and operation of utility-scale renewable energy projects in the Philippines. Together with experienced regional developer Alba Renewables, we look forward to delivering clean power generation at scale. #renewableenergy #emergingmarkets #infrastructure Learn more: https://lnkd.in/dwQ3BiMZ
SUSI Partners Invests in Buildout of Utility-Scale Renewables Projects in the Philippines » SUSI Partners
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In a significant move for renewable energy, Enfinity Global has secured $164 million (JPY 26.24 bn) in financing for a 250 MW solar PV portfolio in Japan. This investment, in partnership with Macquarie Capital and a syndicate led by Shinhan Asset Management, marks a major step in advancing Japan's energy transition. #Carbonemissionsreduction #cleanenergyfinancing #Energytransitioninvestments #EnfinityGlobal #MacquarieCapital #RenewableenergyJapan #renewableenergyprojects #SolarPVportfolio #Sustainableenergytransition #thxnews
Solar PV Financing Boosts Enfinity Global
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Fancy a bit of #TravelTuesday? Well, you’re in luck! This Tuesday, we’re travelling to Finland. 🛩 🇫🇮 Fotowatio Renewable Ventures (FRV) has announced its entry into the Finnish photovoltaic (PV) market with local operator Will & Must. Both parties have established a framework development agreement with the objective of developing 600 MW of PV projects up to the ‘ready-to-build’ phase. FRV’s arrival in Finland marks the company’s first foray into a Nordic country, which in this case coincides with Will & Must’s plans to reach 1000 ha. of land dedicated to solar ready for deployment by 2027. The 600 MW figure, meanwhile, corresponds to a pipeline of several projects at different stages of planning, which are expected to enter the ‘ready-to-build’ phase between 2024 and 2026. Read the rest of this press release here: https://lnkd.in/ez7xwqq3 Keep up to date with every regional development by registering for a free trial of Energy Global here: https://bit.ly/3NwDhus #traveltuesday #EG #renewables #energy #sustainable #solar #Finland
Fotowatio Renewable Ventures enters Finnish renewables market
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We are delighted to announce Nala’s expansion into Lithuania through our acquisition of 34MWp operational solar PV portfolio from renewable energy group GREEN GENIUS. In addition, we have signed an agreement with Green Genius for Nala to acquire a further 45MWp of PV projects in the near-term that are expected to increase the total size of the portfolio to 79MWp, and further extending Nala’s presence in CEE and the Baltics. This will support Nala's contribution to the UN Sustainable Development Goals by generating around 96,000MWh of clean energy per year from the full 79MWp portfolio, representing the energy use of around 9,500 households, as well as saving approximately 20,000 tonnes of CO2 equivalent emissions per year. For the full press release, please read here: https://lnkd.in/eQEnRpTc William Herlinger Rémy VEROT Tola Ogunlesi Julian Johnson Michael Stevenson, CFA Catherine Wu Eren Ulusoy #sustainability #renewableenergy #decarbonisation
Nala Renewables further expands into Central and Eastern Europe
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BrightNight, a US-based company, has collaborated with ACEN, an Ayala Group affiliate for setting up a 1 GWac renewable power portfolio in the Philippines. An estimated capital deployment of $1.2 billion is planned over the next five years. This is the second such collaboration between BrightNight and ACEN and follows the one established in India in March 2023. The two companies had formed a 50-50 partnership for setting up 1.2 GW large-scale hybrid wind-solar and round-the-clock renewable power projects in India in 2023. https://lnkd.in/gP3Ne2Wq #philippines #renewables #cleanenergy #greenenergy #southeastasia #collaboration #hybrids #storage
ACEN and BrightNight to develop 1 GW of renewables in the Philippines - REGlobal - Big Moves
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NextEnergy Capital’s NextPower III ESG Fund Energizes 260MW Solar Assets in Spain and Portugal, Advancing Renewable Energy Transition NextEnergy Capital proudly announces the activation of two additional utility-scale solar assets, totaling 260MW, across Spain and Portugal through its third fund, NextPower III ESG (NPIII ESG). With this, its Iberian footprint reaches 356MW operational capacity, with an additional 110MW under construction. NPIII ESG, having fully utilized its investment period last year, has now deployed all raised capital. These newly activated assets include a 210MW solar project named Santarém, situated in Santarém, Portugal, and a 50MW solar asset called Agenor, located in Cadiz, Spain. Together, they are estimated to produce 445GWh annually, enough to power approximately 126,700 homes. Both Santarém […] Read the full story here: https://lnkd.in/dp9JwNQG #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #europe #nextenergy #nextpoweriii #renewableenergy #spain
NextEnergy Capital’s NextPower III ESG Fund Energizes 260MW Solar Assets in Spain and Portugal, Advancing Renewable Energy Transition
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Trailstone Expands Renewable Footprint: Pioneering Aggregation Services for 10 MW Solar Asset in Portugal, Spearheading Market Access and Risk Management A leading energy and technology firm has initiated aggregation services for a 10 MW solar photovoltaic (PV) asset situated in southern Portugal. This marks Trailstone’s inaugural venture into the Portuguese market. Trailstone is facilitating physical route-to-market services for the asset, leveraging its market access, trading infrastructure, and proprietary renewables optimization platform to handle balancing risk and power sales on the OMIE power exchange. These services align with Portugal’s ambition to derive 85 percent of its electricity from renewable sources by 2030, aiding in mitigating market risk and enhancing returns for renewable energy assets. Consequently, this makes such assets more appealing […] Read the full story here: https://lnkd.in/drKPm2RZ #solarenergy #alternativeenergy #solarpv #pvsolar #photovoltaic #cleanenergy #cleantech #climatechange #middleeast #africa #india #asiapacific #asia #europe #portugal #renewableenergy #solarassets #trailstone
Trailstone Expands Renewable Footprint: Pioneering Aggregation Services for 10 MW Solar Asset in Portugal, Spearheading Market Access and Risk Management
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2moImpressive growth!