by Emilia Lardizabal | Oct 29, 2024
With the goal of reaching 35% of renewables and 58% of low-carbon energy in its energy mix by 2030, France is driving a strategic planning process for its electricity grid and the development of key infrastructure in offshore wind, nuclear, and hydroelectric energy. “It is essential to anticipate and plan generation and grid capacities for the energy transition,” states Cecil Coulet, Head of EU Public Affairs at EdEn (Équilibre des Énergies).
by Milena Giorgi | Oct 29, 2024
The decline in pointing indices for photovoltaic energy and the income challenges for projects without coverage are leading banks to reduce financing for merchant projects. Projections point to a structural shift in energy investment.
by Milena Giorgi | Oct 29, 2024
The President of AEPIBAL emphasizes the importance of a strong battery sector in Europe, noting that batteries are strategic technology for the continent. The organization has presented 10 key proposals to improve the regulation of distributed storage and ensure that Spain strengthens its battery industry.
by Milena Giorgi | Oct 29, 2024
The Portuguese Renewable Energy Association highlights the importance of the Portuguese government supporting contracts to contribute to the bankability of projects. Additionally, they emphasize the need to speed up licensing processes and modernize the electrical grid to achieve the 20.8 GW of solar and 10.4 GW of onshore wind proposed in the PNEC 2030.
by Lucia Colaluce | Oct 29, 2024
MITECO approves 118.19 MW in solar projects and rejects 181.7 MW in wind projects, mainly in Zaragoza and Cádiz. The approval highlights the PSFV Martelilla photovoltaic park, while wind initiatives will need to be rethought to advance in the administrative process.
by Energía Estratégica | Oct 29, 2024
The company generated a positive operating cash flow of €2.5M thanks to its asset rotation strategy and structural cost optimization exceeding 50%. Of its 7.3 GW portfolio, 17% consists of stand-alone battery projects, while 44% combines solar photovoltaic and batteries.