by Strategic Energy | Feb 7, 2025
With its first international project finance agreement, R. Power strengthens its presence in the European renewable energy market. The €38.6 million financing from CaixaBank and BPI will support the development of solar plants with a total capacity of 68 MWp, including new constructions and asset refinancing.
by Strategic Energy | Feb 7, 2025
With €426 million in clean tech investments, the Iberian Peninsula is emerging as a key European hub. Despite record-breaking early-stage funding, growth-stage investments remain a challenge. Ambitious policy updates in Spain and Portugal signal a commitment to green reindustrialization, but strategic action is needed to secure long-term competitiveness. As the Clean Industrial Deal launches in 2025, will Iberia capitalize on its momentum and establish itself as a clean tech powerhouse?
by Emilia Lardizabal | Feb 6, 2025
In an interview with Strategic Energy Europe, Romania’s Ministry of Energy highlighted a record-breaking year in 2024, with the addition of 1,200 MW of new energy capacity, 700 MW of which came from renewable sources. As part of this progress, 333 MW were connected in December, stemming from 116 awarded projects. Looking ahead to 2025, the country aims to double this capacity, strengthening its commitment to renewable expansion and modernizing its electricity infrastructure.
by Lucia Colaluce | Feb 6, 2025
With a record 62.7% of renewable energy in its electricity mix, Germany is making strong progress in renewables. However, Irina Peltegova, Senior Green Power Market Analyst at Veyt, tells Strategic Energy Europe that the country faces key challenges in storage, price volatility, and new renewable energy support schemes. PPAs are emerging as an increasingly attractive alternative for the sector.
by Lucia Colaluce | Feb 6, 2025
The country generates more renewable energy than it can consume, but the lack of grid infrastructure threatens the development of new projects. “Much of what we generate needs to be exported, but the grid connection is not ready for that,” warns John MacAskill, Group Growth Director at ABL Group, in a conversation with Strategic Energy Europe. In 2025, Scotland’s grid constraints are expected to cost nearly £2 billion in compensation payments.
by Milena Giorgi | Feb 6, 2025
Portugal has awarded more than 500 MW in its first large-scale storage auction, marking a milestone in its energy transition. However, the requirement that at least 75% of battery charging must come from renewable sources presents an operational and economic challenge for awardees.
February 7, 2025CaixaBank and BPI finance R. Power with €38.6 million for photovoltaic projects in Portugal
