The net proceeds will be used to repay an existing revolving credit facility. Image: Aquila European Renewables Renewables investor Aquila European Renewables has secured a €50 million (US$54.7 million) debt facility through a 180MWp solar PV portfolio in Spain. Aquila European Renewables has announced its plan to utilize the net proceeds from a five-year non-recourse debt facility, …

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Portugal Achieves Record-Breaking Renewable Energy Consumption in 2023 According to Redes Energéticas Nacionais (REN), Portugal’s national grid operator, renewables accounted for 61% of electricity consumption last year, marking the highest percentage ever recorded in the country’s energy system. In 2023, renewable energy production in Portugal reached 31.2TWh, with wind energy leading the way by supplying …

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In 2023, Germany witnessed a significant increase in solar capacity, with approximately 14GW added throughout the year. The residential segment accounted for nearly half of these new installations. According to the German Solar Industry Association (BSW), solar additions in Germany grew by approximately 85% compared to the previous year. In 2022, German developers added around …

Germany Added 14GW of New Solar Capacity in 2023 Read More »