Germany starts first mixed wind-solar auction
Bids for solar PV ground-mounted projects and wind farms on land can be submitted to the Federal Network Agency by April 3. Overall, the German government will allocate around 200 MW of capacity in the tender.
Portuguese grid operator to invest €70 million to accommodate more solar
Overall, the grid improvement is expected to enable at least 800 MW of new solar PV plants to come online in the south of the country.
Belgium plans big off-shore solar projects in the North Sea
A few days after the first grid-connected off-shore solar PV project was announced in the Netherlands, the Belgian government has unveiled plans to make the North Sea a solar energy hub.
Sonnedix PV portfolio grows 46.7 MW with acquisition of 12 Spanish plants
The 46.7 MW worth of acquisitions will make the firm one of the largest in Spain, with Sonnedix now operating a worldwide capacity of 703 MW.
Vattenfall signs 3 PPAs for 38 MW of PV in the Netherlands
The Swedish power company has signed three private power purchase agreements (PPAs) for solar PV power plants totaling 38 MW in the city of Uden.
EDF 2017 financials squeezed as utility accelerates transition from nuclear to renewables
Despite hitting annual sales targets, revenue slips following fall in nuclear and hydropower prices in French utility’s key markets. New Solar Plan forms backdrop of renewable energy transition, company says.
Spain’s Balearic Islands proposes ambitious 100% renewable energy law
Blasting the Spanish Government for its lack of renewables action, the Balearic Government has today issued an ambitious Climate Change Law designed to kick start a renewable energy transition on the four islands of Mallorca, Menorca, Ibiza and Formentera. Overall, it aims to cover 100% of energy demand with renewables by 2050. 230 MW of solar PV are alerady in the pipeline.
Guggenheim: Sale of CAFD, NYLD casts doubt on the yieldco space
A research note by Guggenheim Securities says that the discounted sales of NRG Yield and 8point3 Energy Partners show how difficult it has been for investors to accurately value yieldcos, and undermines confidence.
Germany’s Allgäu region connects first large-scale battery storage system
ADS-TEC, a southern German battery solutions provider, has this week connected a 1 MW+ lithium-ion storage facility in the Allgäu region of the country.
Northvolt battery project approved for EIB loan that could reach €52.5m
The Swedish storage developer will receive the loan funds via the European Commission’s InnovFin fund, which is part of the Energy Demo Projects facility.
