Switzerland is advancing its clean energy transition, supported by a strong large hydropower and pumped storage dominance, solar PV expansion, and policies aimed at achieving net-zero emissions by 2050. Nuclear power is planned to be phased out gradually, while large hydropower and pumped storage remains the backbone of the electricity mix, accounting for more than half of total generation. Against this backdrop, Switzerland’s renewable power generation is forecast to reach 31.4TWh in 2035, up
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Econergy Renewable Energy Ltd. (“Econergy”), a leading European Independent Power Producer (IPP) and developer of renewable energy projects, announced the signing of its first project financing agreement in Italy. UniCredit S.p.A., who acted, inter alia, as Global Coordinator & Bookrunner and Structuring Mandated Lead Arranger, has committed approximately €58 million to support the construction of a 64MW portfolio of 12 solar PV projects across Italy.
This transaction marks Econergy’s
Canada is advancing its clean energy transition with a strong focus on hydropower, wind, and solar, supported by federal and provincial policies aimed at achieving a net-zero electricity grid by 2050. The country has committed to phasing out coal-fired power by 2030, while accelerating deployment of non-emitting sources such as hydropower, nuclear, and renewables. Against this backdrop, Canada’s cumulative renewable capacity is forecast to reach 70.9GW in 2035, registering a compound