Two solar projects developed by ABO Energy in South Africa have been granted preferred bidder status. ABO Energy had entered into an option agreement with the South African Independent Power Producer (IPP), Red Rocket, to purchase the project rights. Read more >
ABO Energy has completed the sale of a 4.4-gigawatt (GW) wind energy portfolio in Finland to Fortum, a leading Finnish energy company. The transaction, which closed on November 28th, includes 29 wind power projects across the country. The cash and debt-free purchase price amounts to approximately EUR 40 million. Read more >
The expansion of renewable energy in Germany has gained strong momentum in recent years. The federal government has set ambitious targets to drive the energy transition forward – including the construction of up to seven wind turbines per day. This progress has been accompanied by extensive simplifications and acceleration of approval processes. As a result, auctions for feed-in tariffs in 2025 were heavily oversubscribed. In the August tender, project submissions totaled 5.7 gigawatts, significantly exceeding the tendered volume of 3.5 gigawatts. Numerous projects did not receive an award. Read more >
ABO Energy is now also providing services for the technical planning, procurement and construction of solar and hybrid projects (solar and batteries). Read more >
