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STEAG will construct a new solar park in Italy

For KGAL, a 17MW plant is being built on a disused quarry site. For the investor KGAL, STEAG Solar Energy Solutions (SENS) has announced plans for a 17MW solar park in Italy on the site of a disused quarry. The…

A 200MWp PV portfolio will be developed by a French JV

Photosol and Aedes Energies are planning projects in the areas of Nouvelle Aquitaine and Occitanie. Photosol, a French photovoltaic energy provider, is developing a joint platform with developer Aedes Energies to co-develop a solar project portfolio in the Nouvelle Aquitaine…

Capital Dynamics has obtained a €55 million green loan

The money was provided by ING and UniCredit to assist the building of 87MW of solar power in Italy. A €55 million green loan has been secured by Capital Dynamics and EOS Investment Management (EOS IM) to invest in solar…

NextEnergy signs a solar PPA with DLA Piper in the United Kingdom

The agreement will apply to 15 of the law firm’s locations in the United States and Europe. NextEnergy Group, a UK solar power provider, has inked a corporate power purchase agreement (PPA) with law firm DLA Piper, marking the first…

Green Arrow purchases a 508MW solar portfolio in Spain

Projects purchased for more than €400 million from Progressum Energy Development Green Arrow Capital (GAC) has purchased a portfolio of solar PV projects under development in Spain from Progressum Energy Development, with a total capacity of 508MW and a value…

A legislator in New Jersey wants to promote the use of wave energy

Robert Karabinchak, a member of the Assembly, wants to initiate a new legislative effort to support the industry. In the most recent assembly session, New Jersey General Assembly member Robert Karabinchak plans to launch a new legislative effort to promote…

In Italy, A2A invests in a 335MW wind portfolio

The operator keeps its position as Italy’s second-largest renewable energy asset owner. Ardian has agreed to sell A2A interests in 335MW of wind assets in Italy. Under a contractual agreement, A2A will buy from Ardian fund participation in the three…

OMS International makes a foray into the Taiwanese offshore market

Alliance Energy and the company have inked a memorandum of understanding (MOU) to offer subsea operational project assistance. Offshore Marine Management Holdings’ subsidiary OMS International has joined the Taiwanese offshore wind sector. Alliance Energy and the firm have inked a…

RWE signs a deal to develop Thor on a concession basis

The Danish Energy Agency has granted the developer permission to build and operate a 1GW offshore wind farm. The Danish Energy Agency (Energistyrelsen) has signed a concession deal with RWE for the rights to develop and manage the 1GW Thor…

In the fourth quarter of 2021, Vestas’ operational profit drops by 70%

The supply chain instability and the cost of raw materials are to blame, according to the Danish company. Vestas’ operational profit in the fourth quarter of 2021 was €106 million, down 70% from €358 million in the same quarter of…