Private solar PPAs signed in France and Germany
French renewables company Voltalia has secured a 25-year power purchase agreement from Crédit Mutuel Alliance Fédérale for a 10 MW solar plant and Germany’s Enerparc has signed a long term deal with Norwegian energy company Statkraft for a solar park planned in Bavaria.
Statkraft buys 326 MW of solar projects in Ireland
The Norwegian power company acquired the projects for around $17.3 million. The transaction indicates interest in large scale solar is on the rise in Ireland and unsubsidized projects are viable.
Statera announced as partner on 1 GW virtual power plant in the UK
Norwegian hydropower company Statkraft has revealed more details of its solar-storage-wind-gas network. Previously announced plans to potentially double capacity this summer were not mentioned in the update.
Statkraft virtual plant integrates renewables, storage and gas in UK
The virtual facility is monitoring approximately 1 GW of combined wind, solar, storage and flexible gas engines in the U.K. and its capacity may double in the summer. The energy managed by the plant is being sold on the British energy market.
Rising Nordic power prices lifted Statkraft’s fourth-quarter results
The Norwegian renewable energy company cited rising prices, cost reduction plans and lucrative transactions as the main reason for its positive update. The average Nordic energy price in the quarter was €47.7/MWh, an increase of 56% from the same period a year earlier.
Statkraft plans its first floating solar plant in Albania
Norway’s state-owned hydropower and wind company intends to deploy a 2 MW floating installation at its 72 MW hydropower plant in Albania’s Elbasan district.
Baywa r.e. completes and sells 175 MW subsidy-free Spanish PV plant
Three days before the end of the year, Baywa re not only announced the completion of a 175 MW subsidy-free solar power plant – said to be the first of this size in Europe – but also that it had been sold. For Benedikt Ortmann, managing director of the project business at Baywa re, this is groundbreaking.
Engie launches second-life EV battery grid services
With a proof of concept, Engie and Connected Power have integrated their second-life EV storage system into the distribution system of TenneT in Rotterdam, the Netherlands.
Norway’s Statkraft aims for 2 GW of solar by 2025
Norway’s state-owned hydropower and wind company plans to invest around NOK 10 billion (US$1.23 billion) in wind and solar between 2019 and 2025.
