November 15, 2024Record growth in solar energy: Romania reaches 5 GW in 2024

Romania
Record growth in solar energy: Romania reaches 5 GW in 2024

The Romanian Photovoltaic Energy Association (RPIA) points out that “solar energy is currently the fastest-growing sector in Romania,” supported by a stable legislative framework that aims to simplify processes and reduce uncertainties, as well as the Contracts for Difference (CfD) mechanism, which provides stability signals and promotes investments. Furthermore, RPIA confirms that there are expectations to meet the National Energy and Climate Plan (PNIEC) target of 9.9 GW.

November 12, 2024RIVE Private Investment funds over 1 GW of renewable projects in Europe and consolidates its presence in the sector

Europe
RIVE Private Investment funds over 1 GW of renewable projects in Europe and consolidates its presence in the sector

With an investment of over 1 GW in renewables across Europe, RIVE Private Investment focuses on small and medium-sized companies, specialized in solar, wind, biomass, biogas, and hydroelectric energy. Additionally, Pierre du Passage, a Partner in the firm, notes a growing interest in storage solutions, especially in Germany, one of the company’s core markets.

November 12, 2024Romania launches a 1.5 GW renewable energy auction with a Contracts for Difference scheme.

Romania
Romania launches a 1.5 GW renewable energy auction with a Contracts for Difference scheme.

It is an auction for 1,000 MW of wind and 500 MW of photovoltaic projects under a Contracts for Difference (CfD) scheme. “Through the CfD mechanism, these investments will be in place within 36 months after the signing of the contracts,” stated the Ministry of Energy of Romania in an interview with *Energía Estratégica España*. Investors can submit their applications until November 18, and the price thresholds range from 78 EUR/MWh for photovoltaic projects to 82 EUR/MWh for wind energy.

November 11, 2024The FER X Decree: Expectations for the Renewable Sector in Italy and Its Regulatory Challenges

Italy
The FER X Decree: Expectations for the Renewable Sector in Italy and Its Regulatory Challenges

The FER X Decree, currently under discussion, aims to accelerate Italy’s energy transition toward decarbonization by 2030, promoting financial incentives and administrative simplification in the renewable sector. Francesco Passafiume, Product Manager of PowerSolutions EMEA, points out that the regulation will reduce project processing times, but he warns that the success of the decree depends on its effective implementation and alignment with other regulatory frameworks, such as the Decree on Suitable Areas and the Environmental Law Decree.