1 GW solar and wind in Albania: Renewable energy developer CWP Europe has secured the European Commission’s backing to advance 1 GW of renewable energy capacity in Albania. A joint declaration of support signed with the commission’s DG ENEST, Albania Investment Development Agency (AIDA), and the Montenegrin Investment Agency paves the way for the development of the 400 MW Montechevo Solar & BESS Project and the 600 MW Tropoja Wind Farm, worth €1.1 billion in investment. These facilities will support regional energy security and the green transition of the Western Balkans, said CWP Europe.
60 MW online in the UK: Solar energy infrastructure company NextEnergy Capital (NEC) has energized the 60 MW Hatherden solar project in the UK under its NextEnergy UK I (NEUK I) fund. Launched in 2022 with £733 million in commitments, the 10-year fund has reached 380 MW of operational capacity and is targeting 1 GW across solar and storage assets in the UK. Backed by LGPS Pools and the National Wealth Fund, NEUK I has deployed over 95% of its capital. The fund supports the UK’s Clean Power 2030 target of 50 GW solar capacity, with 76% of its portfolio under long-term offtake agreements, including government-backed contracts for difference (CfD).
France’s Marcy Solar Park under construction: Germany-based renewable energy developer wpd has begun constructing the 140.6 MW Marcy Solar Park in Nièvre, central France through its local presence wpd solar France. Spanning 187 hectares, the project will generate enough electricity to power nearly 78,800 residents annually. Developed with partner Cryo, the park integrates renewable energy generation with agricultural activity through sheep and cattle farming on reclaimed land, it shared. Construction is expected to take 15 months, with the initial power generation due in Fall 2026. The project also includes biodiversity initiatives such as wetland preservation, forest conservation, and wildlife corridors, marking one of France’s largest agrivoltaic projects, said President of wpd solar France, Matthias Boll.
UniCredit backs GR Value solar projects: Italy’s UniCredit has granted Green Resource Value (GR Value) a €62.9 million green mini-perm project financing loan to support 6 new solar plants in Basilicata, Puglia, and Sicily. With a combined capacity of over 60 MW and an annual output of 114 GWh, the portfolio will power around 42,000 Italian households and avoid over 30,000 tons of CO₂ annually, stated UniCredit. The loan, certified under Green Loan Principles and backed by a SACE green guarantee, aligns with EU Green Deal objectives. The plants, under construction, are expected to be operational by 2026 under a 20-year PPA with an unidentified leading national player in the energy sector, it added.
Loan for RP Global’s project in Croatia: The European Bank for Reconstruction and Development (EBRD) has approved up to €12.2 million in non-recourse project finance loan for RP Global Novalja, a subsidiary of Austria’s RP Global, for a 21 MW solar PV project in Croatia. RP Global Novalja will use the proceeds to develop and construct the 21 MW Novalja Solar Project that will be grid-connected on completion, and contribute to the country’s energy transition, stated the bank.
