The latest renewable energy news includes announcements on Global Dominion, Zelestra’s solar plant in Spain, EnBW’s solar farm in Germany, among others.
Global Dominion Sells 79 MW Solar Portfolio to CTGE for EUR 92 million
Global Dominion Access has sold its 79 MW solar PV portfolio located in Spain, Portugal, and Italy to China Three Gorges Europe (CTGE) for EUR 92 million. The portfolio includes operational and development-stage assets. This divestment aligns with Dominion’s strategy to exit asset ownership and focus on its core business in technology services, industrial digitalization, and energy efficiency for corporate clients. Proceeds from the sale will strengthen Dominion’s financial position, reduce debt, and support investments in innovation, automation, and digital platforms. For CTGE, the acquisition is part of its long-term strategy to expand its renewable energy footprint in Europe, enhancing geographic diversification and operational scale. The deal strengthens CTGE’s position in Southern Europe’s clean energy sector and supports its energy transition and innovation-driven asset management strategy.
Zelestra Inaugurates 435 MW Solar Plant in Spain
Zelestra has officially inaugurated its 435 MW solar PV plant in Spain, marking one of the country’s largest solar projects. The facility is expected to generate enough clean energy to power over 200,000 homes annually and will contribute significantly to Spain’s renewable energy targets. This project strengthens Zelestra’s strategy to expand its renewable energy portfolio and supports the company’s focus on large-scale solar developments across Europe. The plant integrates advanced photovoltaic technologies to ensure high efficiency and reliability. The project aligns with customer demand for sustainable energy solutions and reinforces Zelestra’s commitment to innovation and decarbonization. Benefits include carbon emissions reduction, energy security, and job creation during construction and operations, contributing positively to the local economy and Spain’s green transition goals.
EnBW Opens 80 MW Solar Farm in Germany
EnBW has inaugurated an 80 MW solar farm in Brandenburg, Germany, further expanding its renewable energy portfolio in the country. The solar plant is expected to generate approximately 88 GWh of clean electricity annually, equivalent to the consumption of around 26,000 households. This project supports EnBW’s strategy to accelerate the energy transition by increasing its investments in solar and wind power. The farm utilizes modern photovoltaic technology to maximize energy output and efficiency. EnBW aims to strengthen its position as a key player in Germany’s clean energy sector while meeting growing customer demand for sustainable electricity. Benefits include reducing carbon emissions, enhancing regional energy security, and contributing to local economic development through job creation and infrastructure improvements.
GreentechLead.com News Desk