The company will advance towards operating 100 MWp of solar farms in Portugal, with 50 MWp currently in operation across eight locations. By Q1 2025, R.Power Renewables adds 10 MWp in Lagos and Portimão, followed by three new projects totalling 43 MWp.
The company expansion continues with BESS projects and upcoming ventures in Spain, reinforcing our position as a strong renewables player in Iberia.
Ingka Investments, the investment arm of the Ingka Group – the largest IKEA retailer, has inaugurated its first solar park in Poland, reinforcing the commitment to the renewable energy transition.
Poland's National Fund for Environmental Protection and Water Management (NFOŚiGW) has opened a call for applications to co-finance electricity storage facilities, with funding from the Modernisation Fund.
Polish solar developer R.Power has secured €12.4 million in project financing to support the development of its first solar projects in Romania, targeting a combined capacity of 23 MWp.
Polish solar developer R.Power has signed a long-term power purchase agreement (PPA) to supply around 240 GWh of solar energy to local telecom operator Play.
Swedish fashion retailer H&M Group has entered a solar power purchase agreement (PPA) with Polish solar energy developer R.Power SA.
Polish renewable energy company Grenevia has secured a significant loan from the Polish Development Fund to fuel its solar energy expansion.
The European Bank for Reconstruction and Development (EBRD) extended an €80 million portfolio risk-sharing guarantee to BNP Paribas Bank Polska (BNPPBP), to help increase access to green finance in Poland.
Energa Green Development has acquired the PV Serby project, one of the largest planned solar farms in Poland, with a projected capacity of 112 MW.
ORLEN Venture Capital (ORLEN VC) has invested in Hystar, a Norwegian company specializing in high-efficiency proton-exchange membrane (PEM) electrolysers for large-scale, zero-emission hydrogen production.
Allview Solar Energy, the renewable energy division of Visual Fan S.A., has signed a contract with Prodlacta S.A.
The joint venture partners behind the project – Equinor, the international energy company headquartered in Norway, and Polenergia have made their final investment decisions for the Bałtyk 2 and Bałtyk 3 offshore wind farms, paving the way for full-scale construction.
