As part of its energy transition strategy, Cepsa expects to invest between $7.8 billion and $8.9 billion in Spain and Portugal by 2030. From next year, the corporation will devote more than 60 per cent of its investment to sustainable businesses. Cepsa has stated that it intends to build a 7 GW renewable energy project pipeline for its own usage, which will include solar and wind generating plants. Out of this, 1.5 GW of capacity has been connected to the grid. Cepsa’s new 2030 ‘Positive Motion’ strategy, which intends to position the corporation as a leader in energy and transportation, includes the investment plan.
GSECL requests proposals for 20 MW solar plant
Gujarat State Electricity Corporation (GSECL) has requested proposals for the installation and commissioning of a 20 MW grid-connected solar power plant at Itiya in Gujarat’s Bhavnagar district nearby Gujarat Energy Transmission Corporation (GETCO) substation. The […]
Sunsure Energy and Dabur India sign open access solar PPA
A power purchase agreement (PPA) has been signed between the Sunsure Energy and Dabur India Limited for open access solar power. Dabur India will use this agreement to offset the power requirements for its Uttar […]
Enel sells geothermal, solar portfolio to ORMAT in US
Enel through its wholly-owned subsidiary Enel Green Power North America Inc. (EGPNA) has finalised an agreement with ORMAT Technologies Inc. on the sale of a renewable asset portfolio for a total consideration of €250 million, […]