Solar Energy

Prologis Secures €225 Million EIB Loan for Solar and Energy Storage Projects in Europe

Prologis, a global leader in logistics real estate, has announced plans to install solar panels and energy storage systems across its warehouses in the European Union. This initiative aligns with the company’s strategy to reduce greenhouse gas emissions and achieve carbon neutrality by 2040.

The European Investment Bank (EIB) will provide Prologis with a €225 million loan to accelerate photovoltaic projects. The funding supports the installation of solar panels on warehouse roofs and the development of energy storage systems. These investments will lower electricity bills, enhance energy security, and reduce CO2 emissions. Excess energy generated will be stored or sold to the grid.

The project will cover facilities in Germany, Belgium, Italy, France, Spain, the Netherlands, and Poland. Completion is targeted for 2026. Prologis's efforts align with the EU REPowerEU initiative, aimed at bolstering energy efficiency and sustainability.

The EIB, owned by the 27 EU Member States, allocated over €2.1 billion for projects in Belgium in 2023. Belgium holds 5.2% of the bank’s shares. Prologis joins other companies like Greenyard Logistics Polska and Rehau Window Solutions in adopting photovoltaic systems for energy savings and emission reductions.

Source: Gramwzielone

Ameren Missouri Expands Solar Energy with $950 Million Investment

Ameren Missouri has announced a major renewable energy milestone, unveiling three solar facilities set to transform Missouri's energy landscape. These state-of-the-art centers—the 200-MW Huck Finn Renewable Energy Center, and the 150-MW Boomtown and Cass County Renewable Energy Centers—will collectively add 500 megawatts (MW) of capacity to

Premier Energy finalizes 90% acquisition of Romanian solar park, eyes wind project in Moldova

Premier Energy PLC, through its subsidiary Alive Renewable Holding Limited, completed the acquisition of a 90% stake in Development Power Solar Energy S.R.L., a company holding rights for a 49 MW DC solar park with a 16 MWh energy storage facility in Buzău County, Romania. The project is

Better Energy Connects Sweden's Two Largest Solar Parks in 2024

Better Energy has connected its second large-scale solar park in Sweden to the grid in 2024, located at Hovby Airport in Lidköping Municipality, Västra Götaland region. The Lidköping solar park is expected to generate 24 GWh of renewable energy annually, enough to power approximately 4,800 Swedish households. Earlier in

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