Press Releases

The Bulgarian investment group Renalfa AD and Danish developer Eurowind Energy A/S are proud to announce the formation of EURA Energy, a co-owned joint venture company aimed at the Bulgarian renewable energy market. EURA Energy holds a development portfolio of wind, solar and PtX (Power-to-X or production of Hydrogen from renewable energy) projects with a combined capacity of more than 1 GW and is working to expand the portfolio in Bulgaria.

Mainstream Renewable Power(“Mainstream”), the global wind and solar company, has raised €90 million in additional funding to accelerate new market entries and the build-out of gigawatt-scale wind and solar assets across Latin America, Africa and the Asia Pacific region.

VERBUND AG is purchasing the Illora photovoltaic project in southern Spain from BayWa r.e. The solar park, with a planned total capacity of 147.6 MWp, is set to enter operation in the first quarter of 2022.

Sonnedix Japan, on behalf of Sonnedix, the global solar independent power producer (IPP), has achieved financial close on its 45MW Sonnedix Koriyama solar PV plant, from a syndication with The Bank of Fukuoka as an arranger, and a further eight regional banks, for a total facility size of JPY 18.7Bn (EUR 141.4M

Together with Proton Motor Fuel Cell GmbH, a German expert for emission-free hydrogen fuel cells, the Austrian company xelectrix Power GmbH developed a revolutionary complete system that combines fuel cell and battery storage technologies. The system delivers 100% green energy with 0% CO2 emissions.

Driven by the growing importance of sustainability investing and the large opportunity presented by the Vietnam market as well as strong policy supports from the government, several green power developers are in gearing up to expand their operations by partnering with global investors who are increasingly evincing interest in Vietnam’s renewable energy.

The demand for investments in renewable energies is growing rapidly. Therefore, the aream Group strengthens its investment division with two new employees: Marc Cattien and Felix Nosthoff-Horstmann will support the team in handling the growing project pipeline and closing new investments.

Tunnelling oxide passivated contact (TOPCon) solar cells are gaining significant commercial interest, due to the potential for high efficiency.

Solar Philippines Nueva Ecija Corporation (SPNEC) has priced its Initial Public Offering (IPO) at Php 1.00 per share, sizing the offering at up to the maximum of its indicative range at Php 2.7 billion.

Swiss M&A and Engineering firm Green Energy Venture AG has connected 99 PV utility projects to the public grids of Poland, Spain, Portugal, Switzerland, and Germany with project sizes ranging between 750kWp and 48MWp.