Today’s renewable energy news includes announcements from Statkraft, Navarra Wind Farm, Greenvolt, Zelestra, and others.
Statkraft Launches Final Phase of Navarra Wind Farm Repowering
Statkraft has begun the final phase of its wind farm repowering programme in Navarra, Spain, completing a major upgrade of its onshore wind portfolio in the region. The project involves replacing older turbines with fewer, more powerful modern units, significantly increasing efficiency, output, and operational reliability while reducing environmental footprint. The repowering reflects continued investment in mature wind markets, where technology upgrades unlock additional capacity without developing new sites. Customers and the power system will benefit from higher renewable generation, improved grid stability, and lower lifecycle costs. The project also supports local economic activity and aligns with Spain’s renewable energy and decarbonization targets. The milestone reinforces Statkraft’s strategy to optimize existing assets and drive value through innovation-led renewable growth.
Greenvolt Secures €585 mn Financing for Large-Scale Wind Projects in Romania
Greenvolt Group has secured €585 million in financing to support the development of a major onshore wind portfolio in Romania, reinforcing investor confidence in the country’s renewable energy market. The funding will be used to advance construction and grid connection of utility-scale wind projects, boosting Romania’s clean power capacity. The financing highlights strong international investment appetite for Eastern European renewables, supported by improving market frameworks and rising power demand. Once operational, the wind projects will deliver reliable, low-carbon electricity, supporting grid stability and national decarbonization targets. Customers are expected to benefit from greater renewable supply, enhanced energy security, and long-term price stability. The deal aligns with Greenvolt’s growth strategy and underscores Romania’s role as a key wind energy hub in the European energy transition.
Zelestra Signs New Meta PPA for Texas Solar Project
Zelestra has signed a new power purchase agreement (PPA) with Meta for a utility-scale solar project in Texas, strengthening corporate renewable energy procurement in the US. Under the agreement, Meta will offtake clean electricity to support its data center operations and long-term sustainability goals. The PPA provides long-term revenue certainty for the solar project, supporting project financing and timely construction. Customers and the grid benefit from additional renewable capacity, lower carbon emissions, and improved energy price stability. The deal highlights continued investment in corporate PPAs, particularly in Texas, one of the world’s most active solar markets. The agreement aligns with Meta’s net-zero ambitions and Zelestra’s strategy to scale its US renewable energy portfolio.
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