UK renewables firm Green Hedge receives £30m storage investment
Private equity fund Zouk Capital has invested the funds into Green Hedge Energy UK to support the development of a series of battery energy storage projects set to take shape over the next 12 months.
Spain’s grid-connected PV capacity reaches 4.72 GW
According to the Spanish grid operator REE, grid-connected installed PV capacity had reached 4,674 MW at the end of last year. Furthermore, the country has another 55 MW of installed PV power coming in the form of standalone PV systems.
Enertronica to issue €16 million convertible bond
Net proceeds from the bond issue will be used to finance the company’s international expansion and the relaunch of Elettronica Santerno, the unit specializing in inverter production.
EU greenlights Hungary’s incentive program for renewables
The European Commission said the support scheme is in line with its 2014 Guidelines on State Aid for Environmental Protection and Energy.
InnoEnergy makes funding for innovation available year-round
Although originally opened for two months between February and April, InnoEnergy’s Investment Round for the year 2017 is now accessible all year round to support innovative solutions that may reshape the future of the energy industry.
Bulgarian solar market still halted by unfavorable regulatory framework
The eastern European country saw the addition of only a few hundreds kilowatts of PV over the past few years, and for 2017 just around 200 kW of new PV systems are expected to come online.
Poland contracts 4.725 TWh of power in renewable energy auction, Renesola awarded 42 MW of solar
Solar had likely the largest share of the 472 projects awarded in the auction, which was open to PV, wind and hydropower projects up to 1 MW.
Italy added 204 MW of PV in first five months of 2017
The Italian solar market has registered a 19% year-on-year growth in the first five months of this year. In May alone, newly installed PV power totaled 95.2 MW.
Voltalia begins work on two solar plants totaling 14.2 MW in southern France
Both projects are located in the region of Var and are scheduled to be completed by the end of this year.
Engie in talks for large-scale solar farm at Chernobyl
The French energy developer is holding discussions with the Ukrainian government about the possibility of building huge solar farm in radioactive zone.
