Eon finalizes Innogy takeover bid
When Eon receives all regulatory approvals, it will own an 86.2% stake in Innogy. The energy company also finalized its voluntary public takeover bid to the minority shareholders.
Repsol, Enagás join forces to produce hydrogen from solar energy
Two months after announcing its intention to turn to renewables, the Spanish oil giant has for the first time formed a technological tie-up that integrates a partner into the company’s value chain.
France reports record share of renewables for Q2 2018
According to French grid operator RTE, it is the first time since the 1960’s that renewables have reached a similar share in the country’s power mix. Solar, wind and bioenergies contributed by covering around 10% of national demand.
Tages Helios obtains €425 million financing
The Italian fund will use the money to refinance its current PV plant portfolio consisting of 101 MW of facilities, and to finance further acquisitions planned by the end of this year.
Work never stops for big solar parks in Spain
The Balearic Islands have decided to fast-track a 42 MW solar project, which would raise the three island’s total installed generations by one third. Iberdrola has secured a PPA for its 391 MW Nuñez de Balboa projects. Moreover, several other PV projects have obtained approval from regional authorities.
Germany’s Brandenburg launches home storage incentive program
Starting from now, subsidies for up to 1,000 residential solar-plus-storage systems can be requested from the Investment Bank of Brandenburg.
SolarWorld must find an investor by the end of September
At a creditors’ meeting, important decisions have been made regarding the future of the ailing German solar module manufacturer. The creditors have decided to discontinue the loss-making business at the end of September, providing no investor can be found by then.
Germany: Renewables beat coal for the first time
According to numbers released by German association BDEW, in the first half of the 2018, renewables contributed 36.3% to gross electricity generation, while PV increased its share to 7.3%. Furthermore, the association said that the market-driven, phased exit from coal-fired power generation is already in full swing.
Switzerland close to hitting 2 GW solar mark
According to new numbers provided by Swissolar, Switzerland’s solar market saw a 9% drop in new PV installations in 2017. Demand for PV installations up to 30 kW, however, remained strong.
LatAm PV markets see increasing use of green bonds
Colombia’s Celsia is issuing green bonds worth US$145 million to finance its large solar PV project pipeline, while U.K.-based Faro Energy is resorting to clean energy bonds to fund its distributed generation (DG) solar projects across Brazil.
