French asset manager Mirova invests €480 million in Austrian developer RP Global
The transaction, consisting of equity and convertible bonds, will cover Italy, Germany, France, Spain, Portugal, Poland and Croatia. RP Global aims to commission 2.5 GWp of renewable power in the next five years.
EBRD, European Investment Bank fund 99 MW of solar in Croatia
The European Bank for Reconstruction and Development (EBRD) and the European Investment Bank (EIB) are funding a 99 MW solar project in southwestern Croatia with a total investment of €62 million ($67.2 million). Construction will begin next year, and commissioning is set for 2026.
Climate data-based methodology for residential air-source heat pump sizing
A European research team proposed a new air-source heat pump sizing approach that utilizes long-term climate data and adjusts system operation based on actual local climate conditions. The sizing algorithm incorporates peak heat demand, unitary final energy demand, and seasonal heat demand across different house sizes.
Assessing floating PV costs across Europe
Researchers have analyzed the viability of floating PV in terms of net present value, internal rate of return, and LCOE. They included 25 European countries in their work, including Germany, the United Kingdom, Spain, and Italy.
Acciona Energía wins 12-year CfD for 189 MW in Croatia
The Spanish utility says the 189 MW Promina project, currently under development, will be Croatia’s largest solar farm upon commissioning in 2027.
Croatia allocates 413.5 MW of PV in reneweables auction
The auction concluded with an average price of €0.056 ($0.065)/kWh for the PV technology.
Croatia kicks off renewables tender
Croatian energy market operator HROTE is accepting submissions from developers until June 27 to secure market premium support for 607 MW of renewables projects, including 450 MW of solar.
Croatia launches auctions for 607 MW of solar, wind, hydro
The Croatian Energy Market Operator (HROTE) has announced a much-anticipated, €257.2 million ($273.5 million) round of renewable energy auctions. It has allocated the biggest quota of 450 MW for solar projects and has set a deadline to award the subsidies by year’s end.
Janom Investments enters Croatian solar market with 30 MW plant
Slovakia’s Janom Investments has announced its first investment in Croatia through a 30 MW solar plant. CEO Andrej Sršeň says the company is now evaluating other projects in the country, with an estimated capacity of more than 200 MW.
Croatia deployed 238.7 MW of solar in 2023
The Renewable Energy Sources of Croatia says the country’s total installed solar capacity now stands at 462.5 MW. It says the country will come close to entering the “gigawatt club” by the start of 2025.
