Recurrent Energy Secures €1.3 Bn For European RE Projects

Recurrent Energy, a subsidiary of Canadian Solar secured a multi-currency credit facility valued at up to €1.3 billion with ten banks for renewable energy projects in several European countries Recurrent Energy a developer and an owner of solar and energy storage assets secured the credit for the construction of renewable energy projects in several European countries. […]

Read more

Spain Joins International Solar Alliance As Its Newest Member

The International Solar Alliance (ISA), a collaborative platform to increase deployment of solar energy technologies recently announced the addition of Spain as its 99th member. The grouping was formed to bring energy access, ensure energy security, and drive energy transition in its member countries. India is a founding member of the multilateral Alliance. The entry […]

Read more

RE Company Sonnedix Signs EPC Pact With Spanish Firm Eiffage Energia Sistemas

Renewable energy producer Sonnedix has signed its first Engineering Procurement Construction (EPC) Framework Agreement with Eiffage, one of Europe’s construction and concession companies, through its Spanish brand, Eiffage Energia Sistemas. Under the Framework Agreement, construction activities for Sonnedix’s pipeline of projects in Spain, Italy, and Portugal will be delivered under standardised general terms and conditions, […]

Read more

TotalEnergies Acquires 59MW Solar Farm in Spain

TotalEnergies Renewables, the green energy arm of TotalEnergies, has announced that it acquired the 59MW Dehesa Nueva del Rey solar park in Spain from developer Synergia. This ready-to-build project adds to the 3GW portfolio of solar projects TotalEnergies already has with environmental permits in Madrid, Murcia, Andalusia, Aragon, and Castilla La Mancha, said the press […]

Read more

European Solar PPA Market Witnesses 65% Increase From 2022: Pexapark

A recent report by Pexapark on European market outlook found the European PPA market recorded a 65% Increase in solar PAA from 2022, due to stabilising environment in deal-making, over the past twelve months.  Pexapark in its report mentioned, “Our PPA Tracker recorded a 16.2GW of disclosed contracted volumes – an increase of more than […]

Read more

China’s LONGi Inks Deal With Spain’s Naturgy To Supply 1 Million Solar Modules

China-based solar technology firm LONGi and Spain-based energy utility firm Naturgy have signed a new module shipment agreement for Naturgy’s 2024 solar projects in Spain. As part of the agreement, LONGi will deliver just over one million modules from its Hi-MO 5 series, with a total output volume of 574 MWp. These bifacial modules will […]

Read more

Hybrid-Electric Car Registrations Surge By 26% In EU: ACEA Report

European Automobile Manufacturers Association, (ACEA) recently shared data on the new registration of cars in the European Union (EU). In its data for 2023, it mentioned that the year concluded with a solid 13.9% expansion compared to 2022. It reached a full-year volume of 10.5 million units. In December, new EU registrations for hybrid-electric cars […]

Read more

Electric Utility Company Iberdrola To Commission 1,400 MW of New Solar Power

Spanish utility firm Iberdrola has announced that it will add 1,400 MW of new solar power in Spain in the coming months. As per the official statement, Iberdrola is currently executing 12 photovoltaic projects, with a combined installed capacity of 550 MW, half of them located in Extremadura, where Iberdrola is building the Almaraz I […]

Read more

Spain Announces 4th Round Of RE Auction For 1.8GW Of Solar Capacity

Spain has scheduled its fourth renewable energy auction round for November 22. The sale will feature 1.8GW of solar capacity to hasten the country’s power system’s decarbonization. Nearly 3GW of solar capacity was won in the first two previous auctions for solar and wind energy, held in 2021. The Ministry of Ecological Transition (MITECO) has […]

Read more