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.
April 28, 2022
The Cabinet Committee on Economic Affairs chaired by the Prime Minister has approved the investment of Rs 45.26 billion for 540 MW Kwar Hydro Electric...
Shell to acquire Sprng Energy Group for $1.55 billion
GRIDCO to acquire 200 MW of solar power from NTPC
March 30, 2022
The Solar Energy Corporation of India (SECI) has floated an EPC tender for the development of 44 MW of solar projects at Singareni Collieries Company ...
UPNEDA floats tender for 98 MW of solar projects under KUSUM Program
Hyundai Motor, Tata Power partner to expand EV charging infrastructure
February 1, 2022
By Sarthak Takyar Punjab, a state that had entered the limelight in the renewable energy space by installing the world’s largest rooftop solar proje...