Power Plants

Oil group Eni and Italian state lender Cassa Depositi e Prestiti (CDP) have created a joint venture (JV) that will invest more than €800 million in Italy’s renewables sector by 2025.

Open source foundation LF energy and Sony Computer Science Laboratories (Sony CSL) have launched a project to manage microgrids and automate peer-to-peer renewable energy distribution.

French independent power producer (IPP) Neoen is aiming to more than double its renewable power capacity in the next four years.

German utility RWE has selected the site of a biomass and coal-fired power plant in the Netherlands for its first floating solar project, which will have a capacity of 6.1MWp and be commissioned by the end of 2021.

Masdar has signed an agreement with Malaysian state-owned energy firm Petronas to explore the development of large-scale solar projects in Asia and the Middle East.

Total has signed a corporate power purchase agreement (PPA) with telecoms operator Orange that will allow for the development for 12 solar projects in France.

UK-based solar developer Eco Energy World (EEW) is hoping to build what it claims will be one of the world’s largest hydrogen and solar PV developments in Queensland, Australia.

The company reported record full-year revenue of to $872.7 million, compared to $647.9 million for the prior-year period.

Sungrow has provided its central inverters to a 187MW solar project in Germany that has been developed by utility EnBW without state funding.

Lightsource BP has secured a power purchase agreement (PPA) with electricity company Snowy Hydro to supply 88 service stations in New South Wales, Australia with solar energy.