Solar Markets & Finance News

The objective of Edison is to raise its installed renewable capacity by the end of this decade to 6 GW. It intends to ensure 40% of its energy mix to be of renewable energy by 2030.

Romanian energy firm Hidroelectrica as well as UAE renewable energy firm Masdar have actually signed a joint venture agreement to build wind farms offshore as well as floating solar parks in Romania.

240MW True North in Falls County will get to commercial operations in early 2025

India's Sterling and also Wilson Renewable Energy Ltd (BOM:542760) has actually made an effective bid for a INR-21-billion (USD 254m/EUR 236m) job on a gigawatt-scale solar photovoltaic (PV) project in the state of Gujarat.

Canada's Brookfield Renewable Partners LP (TSX: BEP.UN) will certainly take complete control of Madrid-based renewables developer X-Elio in a bid to further expand its global footprint.

Amsterdam-based solar power firm Photon Energy NV (WSE: PEN) stated on Tuesday that it has actually been awarded 375 MW of capacity in Poland's demand-side response (DSR) auction for dispatch in 2024, safeguarding added revenues for its Polish virtual power plant (VPP) business Lerta.

GCF commits $253.7 million to AFC Capital Infrastructure Fund Equity financial investment is largest made by GCF in Africa to date

Brookfield Renewable is to assume 100% ownership of the Spain-headquartered solar as well as storage developer

Five-year partnership agreement will aid power houses, C&I as well as utility projects in Yemen. Chinese photovoltaics firm Trina Solar has actually authorized a five-year agreement with Al-Raebi for Trading (Al-Raebi). The partnership will certainly facilitate 500 MW of module shipments for the Yemeni market.

The clean power share in Colombia's power manufacturing was up to 80.75% in February from 85.98% the month previously, as the country's complete hydroelectric output come by 4.77%, according to the current figures launched by national grid operator XM Compania de Expertos en Mercados.

Singapore, which plans to import approximately 4 GW of low-carbon power by 2035, last week revealed a number of steps it has actually made to import electricity from both Cambodia and also Indonesia.

Dublin-based renewables developer Mainstream Renewable Power as well as private equity company Actis have finished the sale of their Lekela platform, Africa's largest pure-play renewables independent power producer (IPP), to Infinity Power.

The agreements cover three consolidated PV and also storage projects

Amsterdam-based solar energy manufacturer Photon Energy NV (WSE: PEN) has actually secured EUR 21.9 million (USD 23.3 m) for its portfolio of photovoltaic or pv (PV) projects in Romania which consists of eight plants with a total mounted capacity of 31.5 MWp.

Italian utility group Enel SpA (BIT: ENEL) on Thursday reported a net ordinary income of EUR 5.39 billion (USD 5.73 bn) for 2022, down by 3.6% year-on-year, but simply above the upper series of guidance of EUR 5.3 billion.