
Investment needs of European energy infrastructure to enable a decarbonised economy
The European Commission report highlights the need for multi-billion euro investments in electricity grids, hydrogen, and storage to meet the 2040 climate targets.
The European Commission report highlights the need for multi-billion euro investments in electricity grids, hydrogen, and storage to meet the 2040 climate targets.
Germany’s Federal Maritime and Hydrographic Agency (BSH) has published the results of preliminary research on two new offshore wind farm sites in the Exclusive Economic Zone (EEZ) of the North Sea. The data, available on the PINTA data portal, will be used in the bidding process, which closes on 1 August 2025.
In 2024, Redeia has reached an unprecedented level of investment, allocating €1.104 billion to the expansion of the electricity grid and the integration of renewable energy sources. This effort represents a 34% increase compared to the previous year and reinforces the company’s commitment to the energy transition. Additionally, Redeia has strengthened its financial position through the sale of Hispasat, securing key resources for the deployment of strategic infrastructure until 2030.
At a press briefing, experts analysed the impact of the Clean Industrial Deal and the Omnibus package on Europe’s competitiveness and decarbonisation. Spain emerges as one of the main beneficiaries.
With up to 400 MW in planned financing for 2025 and a presence in several European markets, Triodos Bank is focusing on PPA structures, merchant models, and innovative financing in energy storage, small-scale solar parks, and electric mobility to drive the energy transition. Miguel Ángel Amores González, representative of Triodos Bank Spain, presented the bank’s strategy during the “Storage and Renewable Leadership Forum”, organised by Strategic Energy Corp.
The Swiss company Renera Energy, with operations in Italy, Germany, and Romania, seeks to establish itself as an Independent Power Producer (IPP). With over 4 GW in development, its strategy focuses on the expansion of solar and energy storage projects. Lars Konersmann, Head of Solar Development and Member of the Executive Board, analyzes the 2024 balance and the company’s future objectives.