CCE Holding, an international energy transition company, has secured €24 million in project financing from Commerzbank AG to construct a 42.08 MW photovoltaic plant in Montalto di Castro, Lazio, Italy.
The project, expected to connect to the Italian power grid by summer 2025, has a long-term electricity sale agreement with Swiss company BKW AG.
This classic construction financing deal highlights banking confidence in CCE’s operations in Italy. The plant is part of CCE Holding's 2 GW development pipeline in Italy, contributing to its global portfolio of approximately 6
GW.
BSW-Solar recommends Bundestag quickly adopts the Solar Peak Act
The German Solar Industry Association (BSW-Solar) urges swift adoption of the "Solar Peak Act" to prevent energy surpluses and improve grid stability.
Key measures include limiting feed-in peaks, encouraging solar storage expansion, and removing EEG compensation during negative electricity prices. The law aims to advance renewable energy integration efficiently and
sustainably.
Project developer Renergo raises more than one million euros
Solar and wind energy developer Renergo raised €1 million in less than two months via crowd investment platforms WIWIN and Inyova.
Since its launch two years ago, Renergo has grown its project pipeline, valued at over €10 million by the end of 2024.
The company’s business model involves project development from scouting to commissioning, with peak value achieved at construction readiness or post-commissioning, often increasing project worth by up to 200%.
Renergo plans to reinvest capital from early project sales into further development, targeting a pipeline value exceeding €20 million by the end of 2025. With 25+ projects totaling 300 MW in output, the 12-member expert team is driving the energy transition with innovative strategies and high-return opportunities.
Tion Renewables Acquires 26 MW Turnkey Solar Park in Germany from Sunovis GmbH
Tion Renewables Group, a renewable energy producer with operations in five European countries and headquartered in Munich, Germany, has announced the acquisition of its 15th solar park in Germany.
The newly acquired solar plant, located in Klosterheide, eastern Germany, was completed and became operational in 2024.
With an installed capacity of 26 megawatts (MW), the plant is expected to generate approximately 26 gigawatt-hours (GWh) of green electricity annually.
The facility was sold by Sunovis, a project developer and EPC (engineering, procurement, and construction) provider of turnkey solar parks based in Baden-Württemberg.
Uncertainty abounds over the German government’s backtracking on the EU’s sustainability reporting rules.
Germany’s outgoing government has sparked concern by requesting a two-year delay to the EU’s expanded Corporate Sustainability Reporting Directive (CSRD) and exemptions for SMEs with up to 1,000 employees. The directive, set to expand mandatory sustainability reporting to nearly 50,000 EU companies, was due to take effect on January 1, 2025, but Germany argues it would impose undue burdens during economic challenges.
Signed by Chancellor Olaf Scholz and key ministers, the move has been criticized as an election-driven decision that undermines sustainable finance efforts. Observers warn it creates uncertainty and could hinder companies’ access to capital markets. The directive's postponement coincides with Germany’s political transition and upcoming snap elections in February, delaying vital climate policy implementation.
50 Hertz CEO Calls for Urgent "Solar Peak" Law
Stefan Kapferer, CEO of 50 Hertz, warns that Germany's grid stability is at risk due to rapid photovoltaic expansion, particularly in 2025 and 2026.
He advocates for the "Solar Peak" law, which would allow grid operators to control and, if needed, shut down solar systems to prevent grid stress.
Kapferer highlights issues with oversupply and uncontrollable solar systems, calling for mandatory system inspections and improved regulation for both large and small PV installations.
While this measure may face resistance from PV operators, Kapferer emphasizes its necessity to avoid grid instability until large-scale battery storage solutions are operational by 2030.
Heiko Wuttke Appointed CEO of PNE AG
Heiko Wuttke has officially assumed the role of CEO at PNE AG, succeeding interim CEO Per Hornung Pedersen.
Wuttke, a seasoned leader in renewable energy, brings decades of managerial experience, including roles at PROKON, Vattenfall, and REpower Systems.
He aims to drive PNE's profitable growth and solidify its position as a pioneer in clean energy solutions.
The Supervisory Board praised Wuttke's appointment and acknowledged Pedersen's valuable interim leadership, who will remain on the Board until March 2025.
CIMOVA GmbH say farewell to Co-Founder and Former Managing Director, Matthias Büter
Matthias Büter, co-founder and former managing director, is departing after over three years of dedicated work and successful collaboration.
His decision, made in consultation with current managing director Timon Hinrichs and investor Slate Asset Management, marks the start of his new professional journey.
Welcoming New Future Makers to Our Güglingen Office
Hep Solar recently welcomed five new team members to its Güglingen office: Jasmin Bauer (Assistant to Management), Alexander Darscht (IT Expert), Fabrice Fiala (Senior HR Associate), Max Hartmann (Dual Student), and Daniela Löffler (Senior HR Director). Together, they aim to advance hep solar’s mission as future makers.
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