Aquila Clean Energy has raised €1 billion for 2.6 GW of renewable energy projects in Southern Europe
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Aquila Clean Energy has raised €1 billion for 2.6 GW of renewable energy projects in Southern Europe

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German-based Aquila Clean Energy, a clean energy development platform, has secured €1 billion of funding from the European Investment Bank and commercial banks to develop 2.6 GW of renewable energy projects in southern Europe. The funding will support more than 50 projects, mainly solar photovoltaics, and onshore wind assets, with a total electricity generation capacity of 2.6 GW and an estimated yield of 5.3 TWh annually.

Solar and wind energy are the primary renewable sources to provide sustainable, affordable, and clean energy. With the ever-increasing demand for energy, while the world is looking toward low-cost clean energy solutions, solar and wind energy could have the ideal potential to provide on-demand energy solutions with reduced carbon emissions.

#Solarpower #Renewableenergy #PV #Photovoltaic #Solarplant #Windenergy #Windpower #Windturbine #Newenergy #Cleanenergy #Carbonemissions #Aquilacleanenergy #Germany #Europe ?

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