Spanish utility Iberdrola will invest €3 billion (US$3.2 billion) in green hydrogen, the company’s chairman, Ignacio Galán, has announced as he called for a stable European framework to boost investment in the technology.
German renewables company BayWa r.e. will tender 10TWh of green electricity later this year, describing the move as a “turning point” for Europe’s power purchase agreement (PPA) market.
The European Union (EU) should set higher solar PV deployment targets and speed up the energy transition to phase out its energy dependency on Russia as soon as possible, according to five member states of the bloc.
German conglomerate BayWa benefited from high demand for solar modules during the first quarter of 2022, with its revenues bolstered by the sale of an operational PV plant in the US.
Tech major Amazon has added 37 new renewable energy projects around the world, with a total of 3.5GW of additional power to its already 12.2GW portfolio of renewable energy.
Aena’s board of directors has contracted Construcciones San José for the construction of a 142.42MWp solar PV park at Adolfo Suárez Madrid-Barajas airport.
IKEA owner Ingka Group has invested €340 million (US$370.84 million) in 440MW of solar PV projects in Germany and Spain, to be built by developer Enerparc.
Spain has sought to regulate the installation of floating solar PV on reservoirs in the country, issuing a list of requirements based largely on water quality.
