Power Plants

Clean energy asset manager Luxcara has reached financial close on a 315.7MWp portfolio of three solar PV projects in Denmark alongside German bank Bayerische Landesbank.

Minnesota-based independent power producer (IPP) Lydian Energy has made its official launch with a portfolio of 1.75GW of solar and battery storage projects in the US.

Oil company Eni’s renewables subsidiary Plenitude has begun constructing a 330MWp solar PV plant in Spain.

Solar developer Move ON Energy has commenced commercial operation of Europe’s largest solar PV park in Germany.

According to a report from industry lobby group the European Round Table for Industry (ERT) investment in Europe’s energy infrastructure requires €800 billion (US$870 million) by 2030.

ACEN Corporation has partnered with Yindjibarndi Aboriginal Corporation to develop up to 3GW of renewable projects with BESS.

Renewables produce 39% of electricity in Central and Eastern Europe last year, according to a study from energy think tank Ember.

Japanese conglomerate Toyota Tsusho Corporation has established a new joint venture (JV) seeking to develop renewable energy projects across Africa.

Rooftop solar grew by 54% year-on-year in 2023 in Europe but a clear roadmap or strategy are essential for future growth in the sector.

The rapid emergence of new PV technologies such as bifacial has in some cases outpaced the evolution of suitable technical and regulatory specifications.