France

Italian Oil Major Eni Acquires Big RE Portfolio in France and Spain

Italian oil and gas company Eni has acquired renewable energy portfolios in Spain and France through two separate deals: the acquisition of 9 RE projects totalling 1.2 GW capacity from Azora Capital in Spain; and the acquisition of the Dhamma Energy Group, whose solar projects at various stages of development in France and Spain have a cumulative capacity […]

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Italian Wind Firm ERG Acquires 80 MW Renewables Portfolio in France

Leading Italian wind power operator ERG announced in a press release on Friday its acquisition of a company that holds an operational renewables portfolio of 80 MW in France. ERG, through its subsidiary ERG Eolienne France, has signed an agreement with FPCI Capenergie 3, a fund managed by the Paris-based private equity investor Omnes Capital, to […]

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Boralex Signs a New Renewable Power Purchase Agreement, to Benefit IBM France

Boralex Inc. (“Boralex” or the “Corporation”) (TSX: BLX) announces the signing of a corporate PPA1, through which the Corporation will supply IBM’s France-based locations with renewable electricity. The agreement, effective January 1, 2021, covers a five-year period. Through this agreement, Boralex, a renewable energy pioneer and the largest independent producer of onshore wind power in France, will supply […]

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7-Country European Alliance To End Export Financing For Fossil Fuels

During a virtual meeting yesterday, seven European countries came together to formally launch the Export Finance for Future (E3F) coalition, a new alliance aimed at ending public export guarantees for fossil fuel projects, as part of efforts to reduce carbon emissions and fight climate change. Other than France, the host country, the conference was attended […]

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EIB Co-Finances Construction of 450 MW Offshore Wind Farm in France

EIB has granted a EUR 350 mn credit line to a consortium of EDF-R, Enbridge & wpd to co-finance construction of an offshore wind farm in France The European Investment Bank (EIB) has granted a EUR 350 million credit line to a consortium made up of EDF Renouvelables, Enbridge and wpd to co-finance the construction of […]

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Total Wins 50 MW Solar Projects in Latest French Tender

Fuel, natural gas, and electricity provider, Total Group has been awarded 50 megawatts (MW) of solar projects in the ninth round of the CRE 4 (French Energy Regulatory Commission) tender, through its renewable energy subsidiary in France, Total Quadran. “Total thus confirms its position as number 1 in solar development in France with close to […]

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Union Cabinet Approves MoU Between India and France on Renewable Energy

The Union Cabinet was apprised and approved of the signing of MoU between India and France in the field of renewable energy cooperation. The Union Cabinet, chaired by Prime Minister Narendra Modi, was apprised of the signing of the Memorandum of Understanding (MoU) between India and France in the field of renewable energy cooperation.   […]

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Neoen Wins 81.6 MWp in Solar Projects in France

Neoen, one of the world’s leading and fastest-growing producers of exclusively renewable energy is announcing that it has been awarded 81.6 MWp in the call for tenders for ground-mounted solar farms held by the French government (CRE Innovation and CRE 4.9). The 73.6 MWp won in CRE 4.9 is split between five projects, from 3 […]

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Europe Invested a Record €26 bn in Offshore Wind in 2020: Report

Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. Despite COVID constraints, Europe confirmed a record amount of EUR 26.3 billion of investments in new offshore wind farms in 2020. This will finance 7.1 GW of new offshore wind which will be built […]

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