Europe & UK

Europe & UK

Launch of Nara Solar – a New European Solar Development Platform

March 12, 2019 Anand Gupta

Macquarie’s Green Investment Group and Univergy International announce the creation of Nara Solar Nara Solar will specialise in the development of small to utility scale early-stage photovoltaic solar energy projects Headquartered in Madrid, the platform will operate across Europe to develop an initial pipeline of over 700MW across Spain, France and the Netherlands LONDON & […]

Europe & UK

French government working on ‘more ambitious’ energy and climate bill

March 11, 2019 Anand Gupta

The proposals had been criticised for being too vague on some targets, including an aim for France to be “carbon neutral” by 2050 PARIS: A draft energy and climate law due to be presented to French cabinet ministers on Monday has been postponed so that it can be reworked with more ambitious environmental goals, President […]

Europe & UK

Exclusive: EDP readies sale of electricity generation assets in Portugal

March 11, 2019 Anand Gupta

The plan is expected to be unveiled at an investors meeting in London on March 12 LONDON/LISBON: EDP-Energia de Portugal is working on a plan to sell some of its electricity generation assets in Portugal, three sources close to the matter said, in an effort to free up cash to drive its renewable energy expansion. […]

Europe & UK

Statkraft seeks to reduce stakes in its Swedish wind energy farms

March 7, 2019 Anand Gupta

Reuters reported that Norway’s Statkraft, a major European producer of renewable energy, is seeking to reduce its stakes in four fully-owned Swedish wind farms to 51 percent and would invest in new projects in the country. The chief executive said that selling some of its ownership in the wind farms, whose production capacity totals about […]

Europe & UK

Britain eyes 27,000 skilled offshore wind jobs by 2030

March 7, 2019 Anand Gupta

The offshore wind deal will be the 10th so-called sector deal announced by the government as part of its industrial strategy to intervene in key sectors to tackle weak productivity and bolster businesses ahead of Brexit LONDON: Britain plans to treble the number of skilled jobs in its offshore wind sector to 27,000 by 2030, […]

Europe & UK

Photon Energy Connects Another 8 Solar Power Plants with 5.5 MWp in Hungary to Grid

March 7, 2019 Anand Gupta

· Located in Almásfüzitő, the eight power plants with a total capacity of 5.5 MWp were connected to the grid of E.ON Észak-dunántúli Áramhálózati Zrt · The projects expand Photon Energy’s proprietary portfolio to 37.1 MWp · Total annual revenues of all eight power plants are expected to amount to EUR 680,000 Amsterdam: Photon Energy (WSE: PEN, the ‘Group’) […]

Europe & UK

Hanergy Rejoices the Completion of its First HanTile Project in Netherlands

March 6, 2019 Anand Gupta

Beijing – The world’s largest thin-film power solution company, Hanergy Thin Film Power Group (00566.hk) today announced that it has successfully finished its first HanTile project in Groningen province of Netherlands. Continuing the momentum on its sustainability project “building for the future”, the clean energy giant partnered with Van Wijnen Gorredijk, a renowned local construction company […]

Europe & UK

Air Liquide obtains its first “Efficient Solution” labels from the Solar Impulse Foundation

March 6, 2019 Anand Gupta

The Solar Impulse Foundation, created by Bertrand Piccard, has handed out four “Solar Impulse Efficient Solution” labels to reward solutions that are profitable as well as environmentally friendly. Three of these solutions were developed by Air Liquide – Nexelia™, Eco Chiller, and an energy recovery solution – the fourth label being awarded to Wagabox® by […]

Europe & UK

AIMCo Completes Acquisition of Majority Stake in Eolia

March 6, 2019 Anand Gupta

MADRID: Eolia Renovables de Inversiones, S.C.R., S.A (“Eolia” or the “Company”) today announced that Alberta Investment Management Corporation (“AIMCo”), on behalf of its clients, has completed the acquisition of over 90% ownership in the Company from funds managed by Oaktree Capital Management, L.P. (“Oaktree”), the global alternative investment management firm, and other minority shareholders. Financial […]

Europe & UK

European backing for EUR 142 million Gambia renewable energy programme

March 5, 2019 Anand Gupta

First country in the world to ensure all its 1,100 rural schools and health centres will benefit from reliable energy supply using solar and battery technology 20MW solar energy and 400km distribution project to transform energy access and cut costs First European Investment Bank engagement in Gambia since 1991 Access to clean energy in the […]