5 08, 2024

ORLEN Group to increase capacity in renewable energy by nearly 1/3

By |August 5th, 2024|ONSHORE, POLAND|

ORLEN Group's ORLEN Wind 3 has signed a preliminary agreement with EDP Renewables Polska for the acquisition of two photovoltaic farms located in the Lubuskie and Wielkopolskie voivodeships with a total capacity of 280 MW, as well as a wind farm with a capacity of 26 MW, located in the Łódzkie voivodeship. The contract is [...]

30 03, 2023

Europe invested €17bn in new wind in 2022, the lowest since 2009

By |March 30th, 2023|OFFSHORE, PROJECTS|

Europe invested just €17bn in new wind farms in 2022. That’s down from €41bn in 2021 and the lowest investment figure since 2009 - a stark warning to Governments and policymakers. The EU wants to accelerate the build-out of wind energy to strengthen its energy security and ensure affordable electricity prices. But recent market interventions [...]

15 03, 2023

EU electricity market design: Council and Parliament must stick to targeted reform

By |March 15th, 2023|OFFSHORE, REGULATORY|

The European Commission has proposed a targeted revision of the EU’s electricity market design. It makes Contracts-for-Difference the new norm for supporting renewables investments. It also allows investors to sell their electricity via Power Purchase Agreements or directly on the electricity market. And it actively supports the growth of PPAs. The Council and Parliament must [...]

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