europe

In this project round-up, NextEnergy makes acquisitions in Portugal and Chile and BayWa r.e. sells two solar sites in Malaysia to local power producer reNIKOLA Sdn Bhd.

Renewable energy fund manager Glennmont Partners has been acquired by global investment manager Nuveen.

German asset manager Luxcara has signed an investment agreement with Danish solar developer BeGreen for four PV parks.

As the proliferation of grid-scale renewables accelerates, capacity on national grids is diminishing just as quickly, leading to harder to find and ever-costlier connection agreements. Liam Stoker assesses some of the alternative options grid operators are exploring to extortionate grid upgrades.

A round-up of the latest news in solar project development, as Grenergy secures €70 million for Chile farms, ReneSola sells a 12.3MW portfolio and Bluefield Solar Income Fund boosts its portfolio with a 70MWp acquisition.

Independent power producer Qair has completed the applications for obtaining permits for 500MW of solar projects in Italy.

A registered direct offering with expected gross proceeds of US$40 million has been unveiled by ReneSola as it looks to continue to expand its pipeline.

Regulators in Europe should throw their support behind re-establishing a solar manufacturing base in the continent that could reach a capacity of 20GW and support more than 100,000 jobs, Meyer Burger and SMA have said.

Energy storage systems were historically used for grid balancing purposes within Europe, limiting their use to such applications or to be considered as “auxiliaries” to renewable generation assets. However, as market prices evolve and new revenue streams emerge, stakeholders must discover the diverse applications that such systems can tap into, writes Naim El Chami