European Energy

European Energy, Vestas to install largest wind turbines offshore Denmark

European Energy has announced its joining forces with Vestas to make Frederikshavn – a city in Denmark – a global focal point for test and demonstration of new offshore wind technology. The joint venture aims at developing and constructing three of Vestas’ newest V236-15.0 MW offshore wind turbines at three of the five test positions […]

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European Energy Exits 3 Wind Farms in Lithuania

Danish renewable energy developer and financier European Energy has signed an agreement to sell three wind farms in Lithuania with the total capacity of 185.5 MW to a Lithuanian firm. The agreement is expected to be closed by November end. The wind farms are under construction and consist of a total of 34 GE 158-5.5 […]

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Lightsource bp Raises Euro 52M For 100MW Solar Projects in Spain

European solar developer Lightsource bp has successfully raised a Euro 52 million term loan from leading financial backers for its Barrica solar projects in the Aragon region of Spain, giving the green light for construction to begin on two 49.5MWp solar sites.   Leading financial backers include Banco Sabadell, Natwest, Santander, and Intesa Sanpaolo, which provided the necessary financial […]

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EIB Provides €100 million to Dolomiti Energia for Energy Efficiency and Combating Climate Change

The European Investment Bank (EIB) and Dolomiti Energia Group have signed a €100 million finance contract to support the company’s 2021-2024 development plan. The investment is in line with Italian and European energy and environment policies for achieving the objectives of the energy transition, decarbonisation and sustainable networks. In particular, the resources will support Dolomiti Energia in projects […]

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GE Renewable Energy and European Energy add substantial wind power to Lithuania

GE Renewable Energy announced today that it has been selected by European Energy as the supplier for three windfarms in Lithuania, located about 80 kilometers North of the capital Vilnius. The 121 MW project, which will use 22 GE Cypress onshore wind turbine units, will add 23% of green power capacity to the country’s current […]

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European Energy Leaders Discusses Solar Powering Digital Energy Transition

Solar power is essential to make the EUs plan of providing Europe with secure, affordable and climate-friendly energy, a reality. It is a technology that puts the consumer at the heart of the energy system and as such is crucial to the delivery of the Energy Union strategy.’ European energy leaders recently came together for […]

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