Iberdrola plans to invest Euro 75 billion towards energy transition by 2025. About Euro 7 billion will be allocated to renewables and over Euro 4.5 billion to networks. Almost half of the investment, amounting to […]
Spain’s cabinet has approved a decree establishing rules for renewable energy auctions. The new framework permits the hybridisation of technologies, the expansion and modification of existing facilities, and the use of storage. In the first […]
KKR & Co. Inc. has signed agreements with NextEra Energy Resources LLC to acquire equity interests in portfolios of contracted utility-scale wind and solar power assets. KKR & Co. Inc. will invest a total of […]
European Energy plans to develop a 300 MW solar power project in Denmark. The project will be set up in the municipality of Aabenraa in southern Jutland. Construction of the project will require an estimated […]
Estée Lauder Companies (ELC) has reached its RE100 target of achieving net zero emissions and sourcing 100 per cent renewable electricity for its direct operations globally. To achieve these targets and reduce its operational carbon […]
The European Bank for Reconstruction and Development (EBRD) will provide $24.8 million of funding to support the development of a 100 MW wind project in Zhanatas, Kazakhstan. Further, the Asian Infrastructure Investment Bank will lend […]
Japan’s Ministry of Economy, Trade, and Industry has announced the allocation of 368.8 MW of solar project capacity in its sixth auction for solar projects of 250 kW capacity or more. A total of 255 […]
Trina Solar has formed a joint venture (JV) with Sichuan Yongxiang Company Limited, a subsidiary of the Tongwei Group, to upgrade their 210 industrial series solar modules. As per the agreement, the two module manufacturers […]
The European Commission (EC) has released its strategy to boost progress towards achieving the European Union’s climate neutrality target by 2050. As per the proposal, the commission plans to increase Europe’s offshore wind capacity from […]
The state of New South Wales in Australia announced its plans to shift from coal-based power to renewables in the next decade, for which it will look to mobilise $23.3 billion of private investment in […]
Ørsted has announced its plan to develop 1.6 GW of wind energy projects off the coast of Incheon City, South Korea. Further, the wind projects are expected to be commissioned by 2026. The projects are […]
The San Miguel Corporation has targeted the construction of a 200 MW solar farm in Bulacan, which will power its New Manila International Airport project. The proposed solar farm will be set up on the […]
Voltalia has commissioned the Mana battery storage project at the Toco storage complex in French Guiana. With a capacity of 10 MW/13.6 MWh, the Mana project adds to the existing capacity at the Toco complex, […]
The third phase of the Mohammed bin Rashid Al Maktoum (MBRAM) Solar Park in Dubai has been commissioned. This signifies an addition of 800 MW of solar capacity to the existing operating capacity of 213 […]
MingYang Smart Energy has started the construction of a 2 GW wind-solar-storage hybrid project near the city of Tongliao, China, after it was approved by the Tongliao DRC. The project includes 1,700 MW of wind […]
The Victorian government has awarded a contract to French-based renewable energy producer Neoen and electric car maker Tesla to build a 300 MW/450 MWh battery storage system in Geelong, Australia. For this project, Tesla will […]
The Chilean National Energy Commission has announced its plan to auction 2.31 TWh of renewable energy in May 2021. The auction will also include the option of deploying storage systems. The preliminary terms and conditions […]
The Sudanese transitional government has signed an agreement with the UAE for the development of the electricity sector in Sudan through the construction of several solar PV power plants. The agreement of intent foresees the […]
Eni and HitecVision have formed a new JV, Vårgrønn. This new venture will focus on the development of new green energy projects in Norway and the Nordic market, with a major role in the development, […]
Lekela Power and its consortium partners have started commercial operation of its 140 MW Kangnas wind farm in the Northern Cape Province of South Africa. The wind farm consists of 61 SWT-2.3-108 wind turbines from […]
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