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Clifford Chance Assists Erste Group Bank AG and BCR in €214M Wind Project Financing

Clifford Chance Assists Erste Group Bank AG and BCR in €214M Wind Project Financing

A multi-jurisdictional team from Clifford Chance has advised Erste Group Bank AG and BCR on the €214 million financing for the development of a 99.2 MW onshore wind project acquired by Nala Renewables from OX2. The deal includes a 12-year Power Purchase Agreement (PPA) with a multinational corporation. The

Ukraine Requires $20 Billion to Achieve 27% Renewable Energy by 2030

Ukraine Requires $20 Billion to Achieve 27% Renewable Energy by 2030

Ukraine has launched an ambitious $20 billion plan to boost the share of renewable energy in its energy mix to 27% by 2030. This move is a direct response to the extensive damage caused by Russian missile and drone attacks, which have crippled half of Ukraine’s energy-generating capacity. On

SPAR Hungary boosts solar capacity with new investment in Pécs

SPAR Hungary boosts solar capacity with new investment in Pécs

SPAR Hungary has invested 80 million HUF (€204,714) to upgrade its INTERSPAR Hypermarket in Pécs with advanced photovoltaic systems and a smart battery storage unit. This investment, aimed at enhancing energy efficiency, follows the company’s ongoing commitment to environmental sustainability. The photovoltaic system installed at the Pécs hypermarket

Moldova Launches First-Ever Tender for 105MW Onshore Wind and 60MW Solar Capacity

Moldova Launches First-Ever Tender for 105MW Onshore Wind and 60MW Solar Capacity

The Republic of Moldova has initiated its first tender for the construction of up to 105MW of onshore wind and 60MW of solar photovoltaic capacity. Investors can submit multiple bids across different projects, provided each bid meets the requirement of a financial guarantee. For consideration, solar projects must have a

New World Wind’s Aeroleaf Combines Solar and Wind Power, Generating 36,000 kWh Annually

New World Wind’s Aeroleaf Combines Solar and Wind Power, Generating 36,000 kWh Annually

The Aeroleaf installation, designed by French company New World Wind, represents a breakthrough in renewable energy, combining solar and wind power in a single system. This innovative technology surpasses traditional photovoltaic cells, aiming to maximize energy production. According to Ecoticias, the installation is composed of "petals" equipped with

European Energy Secures EUR 33.3 Million Financing for 70 MW Solar Projects in Poland

European Energy Secures EUR 33.3 Million Financing for 70 MW Solar Projects in Poland

Danish renewables developer European Energy A/S has secured EUR 33.3 million (USD 36.7 million) in financing from Polish lender mBank for the construction of two solar farms in Poland with a combined capacity of 70 MW. The financing will support the development of the 16-MW Lobez array

Enstall Acquires German Solar Mounting Provider Schletter Group, Expands in Southeast Europe

Enstall Acquires German Solar Mounting Provider Schletter Group, Expands in Southeast Europe

Enstall, a specialist in rooftop solar mounting solutions, has announced the acquisition of German firm Schletter Group, marking its entry into the ground-mounted solar segment. The deal, expected to close by year-end, is subject to regulatory approvals. Current owners, Avenue Capital Group and Robus Capital Management, will retain a minority