European Energy’s renewable energy assets under management exceeded 3 GW by the start of 2024, up from 2.3 GW in the previous year. The company has produced 4.2 TWh of green electricity in 2023 across 12 countries, while tripling its own portfolio’s electricity production from 2022. Of the managed assets, 1.7 GW belongs to European Energy, while the remaining is client-owned. The company aims to broaden its asset management services to include external renewable energy assets and anticipates positive changes in data availability and analysis.
European Energy achieves 3 GW renewable assets milestone
European Energy manages over 3 GW of renewable assets in 12 countries, producing 4.2 TWh of green electricity in 2023. (Image Credit: European Energy).
The company currently operates 50 MW of solar capacity and has 283 MW in development in the Valencian region. (Image Source: NextPower UK)
The project will provide renewable energy to 600 residential subscribers, including low- and moderate-income households, at reduced rates. (Image Source: Chaberton Energy)
India, China, and Indonesia will lead APAC’s 57 GW dc floating solar capacity, achieving 31 GW (DC) combined by 2033. (Image Source: SOLARbytes)
EOS Capital Advisors advised Balanced Rock Power in selling its 25 MW solar project to Standard Solar. (Image Source: Standard Solar)