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Solar energy industry news

CW Enerji Signs $10.8 Million Solar Power Plant Contracts in Turkey

CW Enerji Signs $10.8 Million Solar Power Plant Contracts in Turkey

CW Enerji has announced the signing of contracts totaling $10,796,751, excluding VAT, for the installation of ground-type solar power plants (SPP) with two domestic customers in Turkey. The projects are expected to be completed by the end of the second quarter of 2025. CW Enerji CEO Volkan Yılmaz

Romania's Solar Energy Output Surges by 55.1% in First Ten Months of 2024 – INS

Romania's Solar Energy Output Surges by 55.1% in First Ten Months of 2024 – INS

Solar energy production from photovoltaic (PV) installations in Romania reached 3.18 billion kWh between January and October 2024, a 55.1% increase compared to the same period in 2023, the National Institute of Statistics (INS) reported on Friday. This figure includes contributions from prosumers. Thermal power plants generated 14.

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

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)

OX2 Secures EUR 73 Million Financing for Rutki Photovoltaic Farm in Poland

OX2 Secures EUR 73 Million Financing for Rutki Photovoltaic Farm in Poland

Renewable energy developer OX2 has secured EUR 73 million in financing for the Rutki photovoltaic farm project in Opole province, Poland. The financing agreement was signed with Nord/LB bank, a key supporter of renewable energy initiatives. The Rutki photovoltaic farm, set to become one of the largest PV plants

TotalEnergies Expands Polish Renewable Portfolio with €1.57 Billion VSB Group Acquisition

TotalEnergies Expands Polish Renewable Portfolio with €1.57 Billion VSB Group Acquisition

French energy group TotalEnergies continues its rapid expansion in the renewable energy market, securing a €1.57 billion acquisition of German renewable developer VSB Group. This deal includes VSB’s projects in Poland, where the company operates under VSB Energie Odnawialne, further solidifying TotalEnergies’ footprint in the region. In 2022,

Pine Gate Renewables to Launch 1,200 MW Sunstone Solar Project in Oregon

Pine Gate Renewables to Launch 1,200 MW Sunstone Solar Project in Oregon

Pine Gate Renewables will launch the Sunstone Solar project in Oregon, USA, using approximately 4 million solar panels to generate 1,200 MW of electricity—enough to power 800,000 households annually, according to Interesting Engineering. The company plans to invest over $1,000 per acre to support local agriculture

CW Enerji Completes 2,196.35 kW Solar Plant Installation in Antalya

CW Enerji Completes 2,196.35 kW Solar Plant Installation in Antalya

CW Enerji has successfully completed the installation of a 2,196.35-kilowatt peak (kWp) solar power plant on the roof of a factory in Antalya, the company announced. The project will prevent approximately 1,442,343 kilograms of carbon dioxide emissions annually, equivalent to the amount absorbed by 218 trees