News

IFC is functioning as a lead deal advisor to the federal government for a tender for 3 project sites

Flint Mine project in upstate New York has a 20-year arrangement for Renewable Energy Credits with NYSERDA

With 1.3 gigawatts (GW) of operating and also near operational capacity as well as an added 1.2 GW projects for near-term building and construction, Continuum is well placed to tap into climbing need for RE.

Renewable Power Generation Costs in 2021, released by the International Renewable Energy Agency (IRENA) has actually stated that practically two-thirds or 163 gigawatts (GW) of recently set up renewable power in 2021 was more affordable than the globe's cheapest power plants, the resource of which was coal, in the G20 countries.

An initial financing of $100 million is introduced in the partnership. The two firms will certainly release solar and solar plus storage projects in Massachusetts and also New England region of the U.S.A..

By the end of 2023, Summit Ridge expects to have more than 500 MW of solar and also 100 MWh of battery storage space projects on-line supplying energy savings to roughly 175,000 household as well as commercial customers. Earlier, Apollo released its Sustainable Investing Platform, which is looking to deploy $50 billion in clean energy and also climate capital over the following five years.

Project in Jonava region is due to go into operation in 2025

Wartsila, a Finland-based technology firm, has signed an agreement with Clearway Energy Group. Wartsila will certainly provide energy storage devices amounting to a 500-megawatt (MWac)/ 2-gigawatt hour (GWh) portfolio.

Spain will present a windfall tax on power companies as well as financial institutions from next year to fund measures made to assist Spaniards manage rising inflation.

Module maker REC Solar has actually been chosen by the European Union to obtain a give to support a 2GW heterojunction (HJT) solar factory in France.

US energy the Tennessee Valley Authority (TVA) has actually issued an ask for proposals (RFP) for up to 5GW of carbon-free generation that have to be operational by 2029.

A subsidiary of Canadian renewable resource investor Brookfield Renewable has actually suggested a 161MW/644MWh battery storage system to complete in an Ontario grid operator Request for Proposals (RfP).

Private equity firm Syncarpha Capital has entered a partnership to co-develop solar as well as solar-plus-storage projects in New England, US, with Rosemawr Sustainable Infrastructure Management.

Norwegian state-owned energy company Equinor will certainly get East Point Energy, a US-based programmer of grid-scale battery energy storage projects.

Fluence Energy Inc (NASDAQ: FLNC) said on Tuesday it will provide a 11.7-MW/ 34-MWh battery energy storage space system to German decentralised energy company Muench Energie to be collocated with a 34-MW solar park in Merseburg, eastern Germany.