Netherlands

Iberdrola secures 84% of Neoenergia after €1.88bn acquisition

Iberdrola strengthens its presence in Brazil by acquiring PREVI’s stake in Neoenergia for BRL11.95bn, raising its ownership to 84%.

European Union targets eight bottlenecks to secure its power grid

The European Commission launches a regulatory plan addressing eight major power grid blockages to reduce price disparities and strengthen energy security across the Union.

Grenergy secures $270mn in financing for Phase 6 of Oasis de Atacama

Grenergy has secured $270mn in non-recourse financing to install 3.5 GWh of batteries in Phase 6 of the Oasis de Atacama project, marking a major step in expanding its energy storage capacity in Chile.
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Qualitas Energy commissions its first biomethane site in the United Kingdom

Spanish group Qualitas Energy inaugurated the Three Maids facility near Winchester, an anaerobic digestion plant able to produce 120 GWh of biomethane annually from agricultural waste.

Van Oord completes installation of 109 cables at Sofia offshore wind farm

Van Oord has completed the installation of 109 inter-array cables at the Sofia offshore wind farm, marking a major logistical milestone for this North Sea energy infrastructure project.

Spanish operators warn of saturation in national power grid

Spanish electricity companies call for urgent reinforcement of investments after finding more than 80% of the transmission grid is saturated.
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AGCO signs 10-year deal with BRUC for solar supply in Europe

US-based AGCO has signed a ten-year virtual power purchase agreement with BRUC, covering a 100 MW solar project in Spain, to secure part of its European energy consumption.

Santander injects funds into Corinex to accelerate power grid digitalisation

Santander Alternative Investments has invested in Corinex to accelerate the deployment of its smart grid solutions, aiming to address growing utility needs in Europe and the Americas.

European carbon prices climb above €76 on compliance-driven demand

European carbon allowance prices reached a six-month high, driven by industrial compliance buying ahead of the deadline and rising natural gas costs.
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Ecoener commissions Guatemala’s largest solar plant with 74.7 MWp

With the commissioning of the El Carrizo plant, Ecoener surpasses 500 MW in installed capacity and becomes the most active Spanish investor in Guatemala’s energy sector.

BTG Bioliquids and NanosTech to launch 500-barrel-per-day modular biorefinery

Netherlands-based BTG Bioliquids and Canada’s NanosTech join forces to develop a modular solution for advanced biofuel production, with a project underway in Europe and Canada.

PowerField activates automated FCR service linked to solar and storage

Dutch company PowerField has launched a fully automated frequency reserve service, integrating solar generation, battery storage and trading, with initial operations validated by grid operator TenneT.
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Lhyfe begins green hydrogen deliveries in the Netherlands for the GROHW project

Lhyfe has started supplying Essent with renewable green hydrogen under a multi-year contract, marking a major commercial debut in the Netherlands for the French producer.

Octopus Energy injects 600 MW into solar and storage in Spain

Octopus Energy strengthens its presence in Spain with three new energy projects totalling 600 MW, powering 2.3 million households and accelerating the expansion of its European renewables portfolio.

RWE secures €551mn for 100 MW electrolyser in Eemshaven

The Dutch government grants major funding to RWE to develop an offshore wind-powered electrolysis facility, marking a key step in the OranjeWind project.
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Shell halts its biofuels plant in Rotterdam amid strategic trade-off

Shell ends construction of its biofuels plant in the Netherlands, citing low competitiveness, while reinforcing its oil activities, raising questions over its previous energy commitments.

Grenergy sells 10% of Chilean megaproject to CVC DIF for $475mn

Grenergy has finalised the sale of the fourth phase of its hybrid solar-storage project in Chile to CVC DIF, valued at up to $475mn, while retaining operation and maintenance for five years.

Q ENERGY closes financing for seven hybrid solar plants in Spain

Q ENERGY secures financing for 252 MW of solar projects in Spain, marking its first independent power producer operation on the Iberian Peninsula.
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French energy regulator corrects ten public claims on costs and production

In France, the Commission de régulation de l’énergie issues a clarification on ten statements shared over the summer, correcting several figures regarding tariffs, production and investments in the electricity sector.

Global renewable energy investments reach $386 billion in first half

Driven by distributed solar and offshore wind, renewable energy investments rose 10% year-on-year despite falling financing for large-scale projects.

Matrix Renewables and Banco Sabadell join forces in Spain

Matrix Renewables, backed by TPG Rise, and Banco Sabadell have signed a €179 million project financing agreement for the development and construction of five solar photovoltaic power plants in Spain.

BayWa r.e. installs PV projects for Merck and Tetra Pak in Spain

BayWa r.e. has completed three photovoltaic (PV) own-use projects for pharmaceutical company Merck and food packaging specialist Tetra Pak.

Netherlands: Canopus raises €3M to develop geothermal drilling

At the Global Geothermal Impact 2024 summit in The Hague, Canopus announces a €3 million investment to boost its drilling technology.
Canopus géothermie

Repsol’s profit falls 13% due to lower gas prices

Spanish energy group Repsol reports a 13% fall in first-quarter net profit, affected by declining gas prices and increased investment in renewable energies.

Safety improvements confirmed for Hoger Onderwijs reactor

Following an assessment by INSARR, the Hoger Onderwijs research reactor at the RID Institute has been praised for the advances it has made in safety following major modernizations.

EU decides to withdraw from Energy Charter Treaty

MEPs vote to withdraw the EU from the Energy Charter Treaty, deemed contrary to climate objectives.
EU retrait Charte de l'énergie

Iberdrola: 1Q profit up 85% thanks to asset disposals

Spanish group Iberdrola saw its net profit jump 85% in the first quarter of 2024, reaching 2.76 billion euros thanks to strategic disposals, despite a decline in sales amid falling electricity prices.

Spain: Soltec equips Murcia’s largest solar project

Soltec will supply its SFOne trackers for a new 367 MW solar installation in Lorca, in the Murcia region, reducing visual impact and maximizing energy efficiency.

US LPG exports: Fluctuating volumes to Europe and Asia

In April, US LPG exports fell, mainly impacting Europe and North Africa.
Exportations LPG US Europe Asie

ENGIE accelerates biomethane development with two new acquisitions

ENGIE expands its biomethane production capacity in Europe, entering the Netherlands with two strategic units.

Agreements between five Northern European countries on CO2 transport

The Nordic countries, in collaboration with oil giants, are taking a key step towards establishing an efficient European market for carbon capture and storage (CCS).

GES-Provaris collaboration for a hydrogen terminal in Rotterdam

GES is working with Provaris to develop a multifunctional terminal in Rotterdam, designed to import ammonia and compressed hydrogen for Europe.
Terminal hydrogène Rotterdam

Emirates’ Taqa plans to buy majority stake in Naturgy

The Emirati group Taqa is discussing the acquisition of 41% of Naturgy, and is considering a public offer for the entire share capital.

Netherlands: definitive closure of the Groningen gas field

The Dutch Senate confirms the closure of the Groningen field, marking the end of an era marked by earthquakes and controversy.

Nigeria: NGOs call for blocking the sale of Shell’s onshore assets

Forty NGOs, including Amnesty International, are urging Nigeria to halt the sale of Shell's onshore assets because of environmental concerns.
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EDF and Nordex step up wind power in South Africa

EDF Renewables and Nordex Group launch wind power projects to move towards a less coal-dependent South Africa, with a capacity of almost 300 MW.

A bumpy road ahead for electric cars in Europe

As the EU prepares to ban combustion-powered cars by 2035, sales of electric vehicles are showing signs of slowing, raising concerns.

China “very concerned” about EU investigation into its wind turbine manufacturers

China expresses concern at EU measures to investigate its wind turbine manufacturers for anti-competitive practices.
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SEFE and Oman LNG: New gas pact focused on Europe

SEFE, a German state-owned trader, signs a contract with Oman LNG for 400,000 mt/year of LNG, with a price linked to the European gas hub index.

EU launches anti-subsidy investigation against China for wind energy

Margrethe Vestager announces an EU investigation into Chinese wind turbine manufacturers, suspected of distorting competition in Europe.