Site icon GreentechLead

Renewable energy news: SSE, Greenvolt, Virya Energy

Sunmaxx PVT

Today’s renewable energy news includes announcements from SSE, Greenvolt, Virya Energy, and others.

SSE Signs PPA for 83.4 MW Share of Sanquhar II Wind Farm

SSE has signed a power purchase agreement (PPA) for its 83.4 MW share of the Sanquhar II onshore wind farm, securing long-term revenue for the renewable energy project. The agreement provides price certainty and strengthens the project’s financial stability as the UK continues to expand its wind power capacity. Sanquhar II forms part of Scotland’s growing onshore wind portfolio, contributing clean electricity to the national grid and supporting the UK’s net zero ambitions. PPAs play a critical role in de-risking renewable energy investments by locking in stable offtake arrangements. The deal underscores SSE’s strategy to optimise returns from its wind assets while accelerating large-scale renewable energy deployment across the UK market.

Greenvolt Secures €348M for Romania Wind Farm Construction

Greenvolt has secured €348 million in financing to advance construction of its onshore wind project in Romania, reinforcing its expansion across Eastern Europe’s renewable energy market. The funding package supports the development and build-out of the large-scale wind farm, contributing to Romania’s clean energy targets and grid decarbonization strategy. The project will add significant renewable generation capacity to the national grid, enhancing energy security and reducing reliance on fossil fuels. Romania continues to attract investment in wind and solar projects as the country accelerates its energy transition under EU climate goals. The €348 million financing underscores strong lender confidence in Greenvolt’s renewable pipeline and highlights growing momentum in Romania’s wind energy sector.

Virya Energy Advances 135 MW Solar Project in Poland

Virya Energy has advanced development of a 135 MW solar power project in Poland, strengthening its renewable energy portfolio in Central Europe. The utility-scale photovoltaic (PV) project will supply clean electricity to the Polish grid, supporting the country’s decarbonization strategy and growing demand for low-carbon power. Poland is accelerating solar deployment as it shifts away from coal-based generation and expands renewable energy capacity. The 135 MW solar project is expected to contribute significantly to national climate targets while enhancing energy security. The milestone underscores Virya Energy’s long-term growth strategy in key European markets, highlighting continued investment in large-scale solar infrastructure to drive the region’s energy transition and sustainable power generation.

FAHEEMA P

Exit mobile version