Solar Energy

TotalEnergies Acquires VSB Group for €1.6 Billion, Boosting Renewable Energy Portfolio

French energy giant TotalEnergies has acquired European renewable energy developer VSB Group for €1.6 billion (approximately 18 billion kroner). This strategic purchase strengthens TotalEnergies’ position in the European renewable energy market and marks a significant step in its transition from fossil fuels to sustainable energy sources.

VSB Group, with 500 employees, operates 475 megawatts of renewable energy projects and has a project pipeline of 18 gigawatts, including wind, solar, and energy storage solutions. These projects are concentrated in Germany, France, and Poland, key markets for TotalEnergies’ growth in renewables.

The acquisition was finalized with Swiss investment firm Partners Group, which has controlled VSB Group since 2020. By integrating VSB Group’s extensive portfolio and expertise, TotalEnergies enhances its ability to support Europe’s climate goals and accelerate the region's transition to renewable energy.

This move also presents an opportunity for Poland to advance its shift from coal to cleaner energy sources. With 18 gigawatts in its project pipeline, TotalEnergies is poised to expand renewable energy infrastructure across Europe, contributing to the global push for sustainable energy solutions.

Source: VINDKRAFTSnyheter.se

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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