Renewable Energy Magazine
Established in9999
Located inUnknown
News CoveragePOWERPLANT
10
REM Publishers' Articles
Filter by
View by
Renewable Energy Magazine
Moldova Attracts Record €190 Million In Investments Through First-Ever Green Energy TenderIn 2024, Moldova doubled its renewable energy output, with installed capacity nearing 580 MW across solar, wind, hydro, and biogas sources. Renewables accounted for over 16% of total electricity consumption last year—a significant rise from earlier years
The new auction seeks to add 165 MW of clean energy capacity—60 MW from wind and 105 MW from photovoltaic installations—with winning projects guaranteed fixed 15‑year tariffs. In solar power, six projects were selected to fill the tendered capacity band, meanwhile, in the wind energy segment, five new projects were selected, to be implemented by three companies—two of which have foreign capital, adding international expertise to the initiative
“We are genuinely encouraged by the extraordinary interest shown by investors—over 40 projects submitted for our first public tender is a clear sign that Moldova is becoming an attractive market for renewable energy. This level of participation demonstrates that the business community trusts our direction and the state's commitment to transparency, predictability, and fair competition. It is a promising beginning and a strong boost for our energy transition,” said Dorin Junghietu, Minister of Energy of the Republic of Moldova.
Moldova’s energy transition is underpinned by a strengthened regulatory framework. The government has introduced land-use simplifications, tax exemptions, and incentives for small-scale prosumers. Support mechanisms like net billing, fixed tariffs for mid-sized producers, and auction-based tariffs for large plants are now in place to foster rapid deployment of renewable infrastructure.
“This tender marks a milestone for the Republic of Moldova—successfully creating a free and competitive market in the green energy sector, where both local and foreign-capital companies competed openly. It’s a clear sign that Moldova’s investment environment is maturing and becoming increasingly attractive for strategic projects,” stated Natalia Bejan, Director of Invest Moldova Agency.
In April 2025, Moldova reached a record: 36% of the country’s electricity consumption came from renewable sources. This progress brings Moldova even closer to its national target—30% of total energy consumption from renewables by 2030, according to the Integrated National Energy and Climate Plan.powerplant
Jun 25, 2025
Renewable Energy Magazine
Baywa R.E. Selected To Develop 1.2 Gw Of Onshore Wind Energy In SwedenThe agreement covers more than 1.2 GW of onshore wind capacity in Central and Northern Sweden. BayWa r.e. was selected as a partner because of its extensive experience in project development, broad range of relevant expertise and strong track record in delivering projects at scale.
“This partnership marks an important milestone in our portfolio strategy in the Nordics” said David Rosberg, CEO of BayWa r.e. Nordic. “Together with Stora Enso, we can develop significant projects on land that are exceptionally well-suited for wind power, while also contributing to Sweden’s and the regions’ transition to renewable energy.”
BayWa r.e. Nordic is responsible for the development and implementation of the projects, which together comprise at least 158 wind turbines with a total capacity of just over 1.2 GW. There is potential to expand the collaboration to include solar power and battery energy storage systems (BESS).
“Our expertise in project development and our proven track record in executing complex renewable energy projects demonstrate our commitment to driving the energy transition” added Daniel Gäfke, COO of BayWa r.e. “I would like to express my thanks to Stora Enso for placing their trust in us - this partnership not only reflects our shared vision but paves the way for impactful energy projects in the Nordics.”
The areas identified for development have been selected following an initial internal assessment by BayWa r.e. Nordic and are still in an early planning stage. The next steps include establishing project organisations, conducting feasibility studies, as well as environmental and cultural heritage surveys. In addition, dialogue with municipalities and local communities will begin in preparation for the upcoming consultation processes.
The permitting process is planned to be completed within five years.
This partnership strengthens BayWa r.e. Nordic’s presence in the region and adds to the already existing pipeline in the Nordics, which is now exceeding 2.6 GW.
For additional information:
BayWa r.e.powerplant
Jun 23, 2025
Renewable Energy Magazine
Dnv Appointed Owner’S Engineer For 1 Gw Solar + 600 Mwh Storage Project In EgyptDeveloped by AMEA Power, this flagship project will supply 3,100GWh of clean energy to more than 500,000 Egyptian homes and avoid 1.5 million tons of CO₂ emissions annually.
As Owner’s Engineer, DNV is set to support the Abydos 2 project from feasibility and design review through to construction supervision and commissioning oversight. Located in a desert environment, the project faces a range of technical and environmental challenges - from extreme temperatures and dust accumulation to complex grid integration requirements. Drawing on deep technical expertise, global best practices, and local insight, DNV aims to help ensure the project is delivered safely, efficiently, and in line with regulatory expectations.
Headquartered in Dubai, AMEA Power develops, invests in, owns, and operates renewable energy projects across Africa, the Middle East, and emerging Asia. With projects in over 20 countries and a growing pipeline of wind, solar, energy storage, and green hydrogen initiatives, the company is steadily expanding its footprint in support of the global energy transition. The AFRE project reflects AMEA Power’s mission to accelerate energy access and sustainability in fast-growing economies.
“Projects of this scale demand both technical rigor and regional insight” said Santiago Blanco, Executive Vice President and Regional Director for the Middle East at DNV. “Our role is to safeguard performance and reliability from day one, helping AMEA Power deliver an asset that is robust, future-ready, and aligned with Egypt’s long-term energy goals.”
DNV’s technical support spans three core pillars:
Design Resilience: guiding technology selection and plant layout to ensure performance in hot, arid conditions.
Grid Compliance: reviewing advanced simulations to meet interconnection codes and maintain system stability.
Battery Safety: applying DNV’s globally recognized BESS safety standards for fire prevention, thermal management, and operational integrity.
In addition to decarbonising Egypt’s energy mix, the project is expected to create approximately 4,000 jobs during construction, demonstrating the dual climate and socioeconomic value of solar-plus-storage in emerging markets.
DNV’s advisory services help maximise this value through:
Quality Assurance: on-site monitoring to ensure construction quality and minimise delays.
Performance Guarantees: testing and validation aligned with international benchmarks.
Knowledge Transfer: empowering AMEA Power with best practices for future projects.
“Large-scale renewable projects like Abydos 2 are essential to delivering on Egypt’s Vision 2035” added Mr Blanco. “The energy transition is no longer a distant goal - it’s an urgent priority. Our role is to bridge strategy and implementation, helping turn ambition into reality by enabling clean energy systems that are technically sound, financially viable, and built to last for generations.”
For additional information:
DNVpowerplant
Jun 19, 2025
Renewable Energy Magazine
T1 Energy Advances $850 Million Planned 5 Gw Solar Cell PlantThe commissioners of Milam County, Texas, also unanimously voted to provide T1 Energy with a long-term tax abatement package, subject to the company meeting or exceeding employment and investment thresholds at the facility. The facility is expected to begin producing cells by the end of 2026, and create up to 1,800 full-time jobs.
G2_Austin is a key part of T1’s strategy to build a domestic solar and battery supply chain to provide America with scalable, reliable and low-cost energy. In combination with the Company’s fully operational G1_Dallas 5 GW Solar Module Facility, T1 plans to address unmet customer demand for U.S. solar cells and modules using TOPCon technology.
“Solar energy is a foundational part of American power grids. Our facilities will manufacture solar cells and modules to invigorate our economy with abundant energy. We’re excited to work with Yates and Milam County to bring American advanced manufacturing to the heart of Texas and to unlock our most scalable energy resources,” said T1 Chairman of the Board and Chief Executive Officer Daniel Barcelo.
"We look forward to working with T1 Energy and leveraging our extensive experience in advanced manufacturing facility construction," said William G. Yates III, President and CEO of Yates Construction.
Yates Construction is part of The Yates Companies, Inc., one of the country's top builders of complex construction projects.
T1 Energy has engaged Yates to provide preconstruction services for G2_Austin and anticipates finalizing commercial terms with the company as General Contractor. Yates joins SSOE Group which has been providing project engineering for G2_Austin since December 2024.powerplant
Jun 16, 2025
Renewable Energy Magazine
Nextnrg Partners With $13 Billion Renewable Energy Investor Hudson Sustainable GroupThe agreement establishes a framework for NextNRG and Hudson to jointly develop, finance, and deploy a national portfolio of energy assets — including utility-scale solar, battery storage, distributed smart microgrids, wireless EV charging infrastructure, and NextNRG’s proprietary Next Utility Operating System®.
Under the Master Framework Agreement, Hudson will receive priority consideration to fund select projects in NextNRG’s expanding national pipeline. The collaboration also provides NextNRG access to Hudson-led development opportunities in high growth sectors such as fleet electrification, data center power, and municipal energy resiliency.
Hudson Sustainable Group has mobilized and deployed over $13 billion in capital across renewable power, energy efficiency, and clean transport infrastructure and is recognized for its support of scalable, long-term energy transition projects worldwide. Led by CEO Neil Auerbach, a former Goldman Sachs partner, Hudson brings an innovative approach to clean energy finance, having backed global players such as Recurrent Energy, Sunlight Financial, Powermat and Landis + Gyr.
“This partnership with Hudson enhances our ability to scale AI-optimized, distributed energy infrastructure at a time when demand for smarter, more resilient power solutions is accelerating,” said Michael D. Farkas, Founder and CEO of NextNRG.
“By aligning innovation with growth capital, we believe we’re well positioned to drive project execution, strengthen our commercial pipeline and advance the deployment of next-generation systems that can reduce cost, improve reliability, and support the evolving energy needs of both today and tomorrow.”
“We are excited to partner with NextNRG,” said Neil Auerbach, Founder and CEO of Hudson Sustainable Group. “Michael is a pioneer in EV charging, and a seasoned entrepreneur.
"The technology under the hood at NextNRG is breathtaking in its scope and potential. We look forward to assisting the company in monetizing both its IP and downstream portfolios.”
Execution of individual project financings and terms will be subject to final due diligence, mutual agreement, and completion of definitive documentation.powerplant
Jun 12, 2025
Renewable Energy Magazine
Earthrise Energy Secures $630 Million Financing For Miso-Based Solar ProjectMISO (Midcontinent Independent System Operator) is an independent, not-for-profit organisation that operates and manages the electric grid in the central United States. They ensure the reliable and affordable delivery of power across 15 US states and the Canadian province of Manitoba. MISO also facilitates the buying and selling of electricity within its region.
The Gibson City Solar project is expected to achieve commercial operations in 2026. The transaction is distinguished by its shared point of interconnection between the solar project and Earthrise’s existing thermal power plant, using surplus interconnection service.
“Securing this financing for Gibson City Solar marks a significant milestone for Earthrise, and we are proud to have structured the first solar project finance transactions utilising surplus interconnection service in MISO” said Kenton Harder, VP Capital Markets, Earthrise Energy. “This structure presented attributes that required innovative structuring, and together with the coordinating lead arrangers and tax equity investor we developed solutions which we believe will serve as a blueprint for similar projects going forward.”
Earthrise began acquiring portfolios of natural gas peaking power plants in 2021 and is currently developing and constructing adjacent solar capacity across all sites. These projects utilise the existing interconnection rights held by the peaking plants to deliver clean, cost-effective power to the grid with unparalleled speed to market. Earthrise’s current project pipeline represents more than 1.4 GWs of new clean energy capacity expected to be brought online by the end of 2028, with future project financings likely to adopt a similar structure.
For additional information:
Earthrise Energypowerplant
Jun 11, 2025
Renewable Energy Magazine
Grenergy Purchases 2 Gw Of Inverters From Spanish Company Ingeteam For Oasis De AtacamaThe order strengthens the existing collaboration between the two companies, which have already worked together on the three previous phases of the project, bringing the total to 2 GW with 610 inverters (410 battery and 200 photovoltaic), all integrated into 305 energy transformation centres. It also includes the PPC (Power Plant Controller) plant control system and commissioning services.
Grenergy and Ingeteam have maintained a strategic relationship since 2016, with joint projects developed in key markets such as Chile, Spain, Mexico, and Colombia. This collaboration consolidates Grenergy's commitment to leading technology partners in Europe, while promoting innovation in the energy sector.
With more than 3.5 GW of joint projects, Ingeteam has established itself as a strategic partner for Grenergy thanks to its leadership in R&D and cutting-edge technology. Recognised worldwide in Grid Forming, this innovation is key to integrating renewable energies into increasingly decarbonised electricity grids, allowing inverters to function as synchronous generators and provide stability, synthetic inertia and regulation capacity to the grid.
In line with this, Grenergy reinforces its commitment to the national and European industry by collaborating with leading manufacturers, promoting a local supply chain and sustainable growth in the energy sector on the continent.
“The success of projects such as Oasis de Atacama depends, to a large extent, on having reliable partners and cutting-edge technology” said David Ruiz de Andrés, CEO of Grenergy. “Ingeteam, a leading Spanish company in energy innovation, is a key strategic ally for us in building a strong and sustainable European industry.”
For additional information:
Grenergy
Ingeteampowerplant
Jun 04, 2025
Renewable Energy Magazine
Greenvolt Group Sells Wind And Solar Portfolio In Spain For €195 MillionThe agreement includes a forward sale to commercial operation date (COD) of projects with a total capacity of 145 MW; and a platform with a greenfield portfolio with an additional capacity of 86 MW.
Over the past two months, Greenvolt Group had already announced the sale of other utility-scale projects in Poland, totalling €333 million. With this latest transaction in Spain, the Group’s total asset sales in 2025 now reach approximately €530 million.
“This transaction in Spain, which follows recent divestments in Poland, clearly demonstrates Greenvolt’s ability to develop large-scale renewable projects at various stages and across different technologies. These projects effectively attract market interest and enable us to capitalise on our asset rotation strategy, while continuing to build a robust project pipeline”, said João Manso Neto, CEO of Greenvolt Group.
Greenvolt continues to pursue its strategy of rotating 70–80% of its large-scale projects at Ready-to-Build (RtB) or COD (Commercial Operation Date) phases. The Group currently holds a 13.2 GW pipeline across 18 countries, aiming to bring at least 5.3 GW to RTB by the end of this year.powerplant
Jun 04, 2025
Renewable Energy Magazine
Sp Energy Networks To Invest More Than ÂŁ220 Million To Help Support The Electricity GridSix companies will continue to work with the business over the next four years to maintain and upgrade more than 20,000 kilometres of overhead lines across the network, helping SP Energy Networks (SPEN) deliver on the commitments in its Electricity Distribution (ED) 2 business plan, which covers the years 2023-2028, while getting ready for ED3.
Securing these contracts gives a welcome boost to the overhead line supply chain and its in-demand resources. This will support more than 500 jobs – including 50-plus new linesmen jobs – across the country, with the companies based in and around SPEN’s Scotland and Manweb licence areas, ensuring ready access to the technical skills and resources needed.
The partner companies are:
Scottish-based Aureos, Gaeltec and PLPC, which will support the six licence districts in central and southern Scotland (Ayrshire & Clyde South, Central & Fife, Dumfries & Galloway, Edinburgh & Borders, Glasgow & Clyde North, Lanarkshire).
Emerald Power, IES and Network Plus – all based in the north-west of England – which will support the licence districts in Mid-Cheshire, Merseyside, Dee Valley and Mid Wales, Wirral and North Wales.
“Ensuring we have the partners, resources and technical skills in place to deliver on our bold and ambitious plans for our network is vital for the modern and resilient grid needed to support the doubling of demand” said Nicola Connelly, SPEN CEO. “These contracts not only support significant investment in our overhead line network, they allow us to build on the solid foundations created with our supply chain partners and give certainty and confidence to further invest in their skills and people. It’s a win-win on both sides and we look forward to working together to make a long and lasting difference for all our communities – from Anstruther to Anglesey.”
For additional information:
SP Energy Networkspowerplant
May 30, 2025
Renewable Energy Magazine
Grenergy Announces An Investment Of 3.5 Billion Euros In Energy Storage Until 2027The company’s roadmap until 2027 is built on three key pillars: expanding hybrid solar-plus-storage plants, replicating the successful model of Oasis de Atacama in central Chile and Spain; launching Greenbox, its new standalone battery platform in Europe; and delivering uninterrupted 24/7 solar energy supply through its Chilean power retailer, GR Power, enabled by storage systems.
By 2027, the company aims to reach 4.4 GW of installed solar capacity and 18.8 GWh of battery storage.
To support this investment - focused on hybridisation projects in Chile and storage initiatives in Europe -Grenergy is strengthening its asset rotation strategy. Following the early completion of its previous plan’s goals by two years, the company is setting more ambitious targets. Grenergy expects to generate 800 million euros between 2025 and 2027, of which 50 percent is already secured or in advanced stages.
The company also plans to draw on its strong track record in project finance, highlighted by nearly $1 billion in funding secured last year for the Oasis de Atacama project.
By the end of 2027, Grenergy expects its pro forma EBITDA for the Energy segment to reach between 450 million euros and 500 million euros, driven by the integration of battery energy storage systems (BESS).
“We’re entering a new growth cycle where storage and 24/7 clean energy management will be at the core of our strategy through 2027” said David Ruiz de Andrés, CEO of Grenergy. “Our vision is clear: to lead the development of BESS, capitalising on key markets such as Chile and Europe.”
Grenergy will scale its hybrid model, combining solar PV with battery storage, from its flagship Oasis de Atacama project in northern Chile to a new platform, Central Oasis, in the central region of the country, and to Spain through the Escuderos project.
Oasis de Atacama, with an expected capacity of 2 GW and 11 GWh of storage, is expected to be completed by 2027 with a total investment of 2 billion euros. In 2025, the company expects to finalise PPAs and financing for phases 5 and 6 and begin commercial operations with BESS for phases 2 and 3.
Central Oasis aims to reach 1.1 GW of solar capacity and 3.8 GWh of storage with an estimated investment of 900 million euros. The project comprises five planned phases, all set to be operational by 2027. All phases have secured Power Purchase Agreements (PPAs), including the first 24/7 PPA with Codelco, Chile’s state-owned mining company and the world’s leading copper producer.
Escuderos will be Grenergy’s flagship hybridisation project in Spain, underscoring its strategic commitment to storage in the country. The initiative will combine 200 MW of solar capacity and 704 MWh of battery storage across two phases: Escuderos 1 and Escuderos 2. Located in Castilla-La Mancha, the projects already have a 12-year daytime PPA with Galp signed in 2021. Grenergy recently obtained environmental permits for the BESS, and construction is set to begin in the second half of this year, with a hybrid PPA expected to be finalised soon.
“Escuderos will be the first of many projects where we replicate the successful Oasis de Atacama model” added David Ruiz de Andrés. “This solar-and-storage hybridisation project, one of the most ambitious solar-plus-storage initiatives in Spain, will begin implementation in the second half of this year and aims to be fully operational by 2027.”
Grenergy has also announced the launch of Greenbox, its new standalone battery energy storage platform, set to become one of the largest in Europe.
With a pipeline of 35 GWh, Greenbox will focus on key European markets where Grenergy already operates. These include Poland (7 GWh), Romania (6.7 GWh), Germany (6.4 GWh), Italy (5.8 GWh), Spain (4.6 GWh), and the United Kingdom (4.6 GWh).
Greenbox aims to reach 3 GWh in operation and under construction by 2027, supporting grid stability by preventing potential blackouts, facilitating the integration of renewables, and improving energy management.
Oviedo will be the flagship Greenbox project in Spain, with a total capacity of 600 MWh. The company expects to finalise tolling agreements soon. Construction is scheduled to begin in the first half of 2026 and the project is expected to be operational by 2027.
Grenergy is reinforcing its commitment to GR Power, its clean energy retail arm in Chile. Thanks to its ability to ensure continuous supply by combining solar generation and battery storage across its Chilean platforms, GR Power operates with strong expansion potential and positions itself as an innovative utility in the market.
Its focus is on Chile’s unregulated customer market, where there are significant growth opportunities - particularly among mining companies and data centres. GR Power has also pioneered the signing of 24/7 Baseload PPAs, most notably its recent agreement with Codelco, the Chilean state-owned company and the world’s top copper producer.
For additional information:
Grenergypowerplant
May 28, 2025