Renewable energy
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Galp has expanded its Spanish wind portfolio through another acquisition. The €420 million transaction adds 15 operating projects, 361MW of capacity, and approximately 0.8TWh of annual generation.
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Hybrid power agreements are gaining ground across Europe’s renewables markets. New pricing data shows storage increasingly combined with generation to reduce exposure to low-value and negative-price periods.
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Labraza’s financing moves Basque wind development towards operation during 2027. A €29 million EIB loan supports the 40MW project, which will be the region’s first newly commissioned wind farm since 2006.
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OMV Petrom has secured financing for new Romanian wind capacity. The permitted 50MW Gura Văii project should generate around 110GWh annually within a wider 1GW development portfolio.
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Ameresco Sunel will deliver Romania’s new Iratoșu utility-scale solar project. The contract covers EPC delivery, a 33kV/110kV substation, underground connection works, commissioning, and long-term operation and maintenance.
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ScottishPower plans to nearly double Whitelee’s capacity through phased repowering. The proposal replaces 215 turbines with 124 larger machines, adds a new substation, and keeps generation operating across the site during construction.
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AIKO’s module certification sharpens scrutiny of photovoltaic hotspot safety risks. TÜV Rheinland testing found significantly lower surface temperatures for back-contact modules under heat and shading, adding another technical criterion to solar procurement and fire-risk assessment.
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Sweden has approved two offshore wind projects under strict conditions. Fyrskeppet and Vidar retain development routes, while eleven applications were rejected on defence grounds and commercial conditions continue to delay final investment.
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Belgium has reset rules for its delayed offshore wind tender. The revised 700MW procurement adds a two-sided Contract for Difference, five-year construction period, cybersecurity tests, supply-chain conditions, and a firm date for initial offshore grid availability.
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Lancaster has submitted plans for an integrated solar-charging energy hub. The eight-bay development would combine rapid chargers, canopy-mounted photovoltaics, battery storage, managed tariffs, and export capability.