by Milena Giorgi | Feb 13, 2025
The European PPA market began 2025 with 25 agreements and 756.3 MW contracted, the highest January figure since 2022. Spain ranks as the second country with the most transactions, while wind energy gains ground over solar, whose market share dropped to 36%.
by Strategic Energy | Feb 13, 2025
The European Commission urged Bulgaria, Spain, France, Italy, Cyprus, the Netherlands, Slovakia, and Sweden to comply with EU rules to accelerate permitting procedures for renewable energy projects. These rules, which should have been adopted by July 2024, aim to simplify processes and reduce timelines. The mentioned countries have not yet complied and could face legal action if they fail to do so within the next two months.
by Strategic Energy | Feb 11, 2025
VERBUND X Ventures, the corporate venture capital unit of Austria’s leading utility VERBUND, has made a strategic investment in Vireo Ventures, a European early-stage venture capital fund focusing on electrification and digitalization. This partnership underlines VERBUND’s continued commitment to fostering innovation in the energy sector through a targeted fund investment.
by Lucia Colaluce | Feb 10, 2025
Estonia, Latvia, and Lithuania have taken a historic step towards energy independence by fully disconnecting their electricity grids from Russia and Belarus, integrating instead with the European continental system. This move, supported by over €1.23 billion in EU funding, strengthens the region’s energy security and allows for greater integration of renewable energy sources.
by Lucia Colaluce | Feb 10, 2025
Solar, wind, and battery storage costs will keep falling, with reductions of up to 11% in 2025. China leads this trend, but Western protectionism may slow the decline of renewables.
by Strategic Energy | Feb 10, 2025
Amazon has been named the top corporate buyer of renewable energy in the European market, having invested in more than 230 solar and wind projects across Europe to date. More than 46 new projects have been added in 2024 across countries including Spain, Portugal, UK, Greece, Italy and Finland.