Tag: Poland

  • Low Carbon gains $1.4bn from CVC DIF to drive renewable energy growth

    The Clean Power 2030 plan, which includes doubling onshore wind capacity and tripling solar PV, requires significant investment such as the one received by Low Carbon from CVC DIF to drive growth and support the delivery of several gigawatts of renewable energy. This investment will help Low Carbon transition into a diversified independent power producer, contributing to the energy transition in the UK and Europe. The UK government's plan requires £40bn of annual investment, while the EU has set a new renewable energy target of 42.5%. Low Carbon plans to bring a 3GW portfolio of renewable assets online in key markets such as the UK, Germany, and Poland, aligning with the goals of the Clean Power 2030 plan. Additionally, Hover Energy's innovative microgrid technology, recognized at the Power Technology Excellence Awards, is contributing to a more flexible and resilient energy future through their AI-enabled Microgrid Management SystemTM and networked microgrids.

    https://www.power-technology.com/news/low-carbon-cvc-dif/