Riyadh-based ACWA Power, partly owned by the Public Investment Fund of Saudi Arabia, plans to expand into solar panel manufacturing. The company is in talks to manufacture solar panels for the SoftBank-Saudi fund’s $200 billion […]
The shares of Orsted took a dip after the energy company, which is 50.1 per cent owned be the Danish government, announced that there was no longer required political support for continuing the ongoing divestment […]
Saudi Arabia plans to develop a $2 billion solar and carbon black integrated complex in partnership with China’s Longi Solar and South Korea’s OCI. The country is currently working on a feasibility study for the […]
After missing a few deadlines, the 720-MW Mangdechhu hydroelectric project in Bhutan is likely to come alive by the end of February 2019. Against the initial project planning for completion in 2017, the project was […]
Abu Dhabi Future Energy Company (Masdar) is set to acquire the John Laing Group’s stakes in two wind farms in the US. This will be Masdar’s first renewable energy investment in North America. The two […]
Iron ore miner Vale SA has won approval from Brazil’s antitrust regulator to buy three wind farms located in the northeast of the country from investment fund Salus. Salus is controlled by the Mario Araripe […]
The Brazilian state of Para lifted a production embargo on Norsk Hydro’s Alunorte alumina refinery, raising the share value of the Norwegian aluminium maker. The shares rose by 5.3 per cent to a six-week high […]
Google plans to buy 413 MW of output from several new solar farms located in Tennessee and Alabama in the US. Two of the largest projects will be able to produce about 150 MW each […]
China’s manufacturing hub Jiangsu province gave its consent to 24 offshore wind power projects with a total capacity of 6.7 GW. This part of Jiangsu’s ambitious plan to launch 10 GW of offshore wind power […]
Asset manager Investec and UK Climate Investments, a joint venture between the Green Investment Group and the British government, have committed $72 million to investment vehicle Revego Africa Energy Limited for renewable energy projects. Revego […]
Bosnian hydropower company HE Dabar has invited bids for the construction and financing of its 160 MW hydropower plant in southeastern Bosnia at an estimated cost of $213 million. The Dabar power plant, located on […]
Google has signed a long-term agreement to buy the output of a 10 MW solar array, which is part of a larger solar farm, in Tainan City in Taiwan. This will be the company’s first […]
The French government has opened bids for a 300 MW solar power project as part of the conversion programme for its Fessenheim nuclear power plant, which is due to be decommissioned by 2022. To be […]
Canadian electric utility Hydro One Limited and its US-based rival Avista Corp have agreed to terminate their merger after failing to receive regulatory backing. Hydro One had proposed to buy Avista for $5.02 billion in […]
The government of Bosnia’s autonomous Serb Republic has awarded 50-year rights to power utility ERS to build and operate two hydropower plants with a combined capacity of 95 MW on the Drina River bordering Serbia. […]
The French government plans to double its renewable energy capacity with a system of regular tenders under a draft 10-year energy strategy plan. The country aims to increase its renewable energy capacity, including hydropower, from […]
The Algeria government plans to issue several tenders for renewable energy projects this year as it seeks to meet the growing demand for electricity. For this, the country hopes to build solar plants to produce […]
Japan’s Tohoku Electric Power aims to increase its renewable energy capacity, including hydropower, by 2 GW over the next decade from about 2.65 GW now. Going forward, the company will primarily focus on the wind […]
China has approved the construction of one of its tallest dams, a 239 metre hydroelectric structure on the upstream section of its longest river, the Yangtze. The reservoir of the Lawa hydroelectric project will submerge […]
Croatia’s state-run power utility HEP aims to increase the renewable energy capacity to 50 per cent of its total power capacity from the current 35 per cent. This will be achieved by investing $153.96 million […]
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