Press Releases

The Group, led by Pier Francesco Rimbotti, is amongst the first Italian company to have obtained a non-recourse finance in Japan from one of the most experienced major structured finance providers

With over a decade of experience in creating biogas, solar, wind and hydrogen projects, Green Genius is a leading European renewable energy developer, with deals throughout Europe. Green Genius plans to build over 500MW of solar PV capacity in Romania by 2025 to generate green and clean energy. The introduction of 500MW of solar energy into the national energy system will contribute to a reduction in electricity prices in Romania.

Article 16 of the Italian Law Decree 04/2022 (“DL Sostegni ter”) introduces discriminatory measures between producers of electricity based on generation technology, creates market distortions undermining investor confidence and risks slowing down the energy transition process. Leading Associations representing the electricity sector in Italy and Europe are united in calling on the Italian Government to withdraw Art.16 and to initiate a constructive dialogue to define effective and balanced solutions to tackle high energy prices.

A bank consortium composed of ING Bank Śląski SA, Santander Bank Polska SA, Erste Group Bank AG, PKO Bank Polski and Bank Pekao SA has signed an agreement worth PLN 864 million (EUR 189 million) to finance the solar power plant portfolio of R.Power Group, the largest Polish developer of photovoltaic projects. The financing will be used to build solar power plants with a total capacity of 299 MWp, which won last year’s RES auctions.

AC Energy Corporation (“ACEN”), through its wholly-owned subsidiary, AC Energy Vietnam Investments Pte. Ltd. (“ACEV”) and Super Energy Corporation Public Company Limited (“SUPER”), through its subsidiary, Super Energy Group (Hong Kong) Co., Limited (“Super HK”), have signed an agreement to form a strategic partnership to develop, own and operate renewable energy projects across ASEAN.

More than 70 MW PV has been connected to the grid by European Energy.

In January, the average price of the European electricity markets exceeded €165/MWh in most cases. These prices were lower than those of December but much higher than those of January 2021. During the month there were hours with negative values in some markets and others with very high values, as in the British case, where £1,100/MWh (€1,318) was exceeded on three occasions, an example of the macrovolatility of the markets. The increase in solar energy production in all markets stands out.

Saxony’s largest battery storage facility will feature the recycling of used lithium-ion batteries and offer intelligent interconnection of electromobility with the energy transition.

Solar technology giant PVData has launched PVData 1.1, a tool enabling investors to create a structured due diligence report for solar projects in under 60 seconds. Now investors can structure multiple solar deals in minutes. With the cost of solar at an all-time low, it’s a crucial time to invest. PVData 1.1 gives investors a […]

The Board of Directors of the African Development Fund has approved a $27.39 million grant to Ghana for the development of renewable energy investments in the mini grid and net metering space.