Renewable Energy

bp is leading a public-private collaborative for phased advancement of up to 2 GW of electrolysis capacity by 2030 for producing green hydrogen at bp's Castellón refinery. bp is expected to spend a total amount of up to EUR 2 billion in Castellon by 2030.

Of the $216 million in total financing, $145 million has actually been secured as a construction-to-term loan as well as $71 million are tax equity investments. These community solar projects are anticipated to create almost 100 MWdc of renewable resource each year once total.

US-based Ameresco has announced the acquisition of Milan-based ENERQOS Energy Solutions S.r.l., a renewable energy and energy efficiency firm, with the aim of expanding its portfolio in clean energy projects and solutions all over Italy.

Irish semi-state company Bord na Móna has secured €430 million in banking facilities for renewable energy projects worth €2.7 billion, in a move to help Ireland reach its goal of 80% renewable electricity by the end of this decade.

A state-of-the-art solar energy laboratory has actually been released today at the University of Mauritius. The laboratory has been established with participation from Huawei Mauritius. The campaign belongs to a project described as the Park of Excellence in Solar Photovoltaic (PESP) at the University of Mauritius.

Our Next Energy (ONE) has launched Aries Grid, a lithium iron phosphate (LFP) utility-scale battery system that can provide long-duration energy storage. This renewable energy storage solution is manufactured in the US and aims to decarbonize mobility and the grid.

The energy storage items supplied by CSI Energy Storage will certainly be made use of to support Aypa Power's 487 MWh standalone energy storage project in Southern California. The standalone energy storage project is anticipated to be functional by the initial half of 2024.

Solar energy capacity across nation is mounted at 63.8 GW as well as wind power is about to touch 42 GW. India's total installed power capacity is 411 GW and the share of fossil fuel based power generation that includes coal, diesel, gas as well as lignite is more than 236 GW.

On Friday, Enlight Renewable Energy had revealed the rates of its going public of 14,000,000 ordinary shares at a rate to the general public of $18.00 per share. Enlight has actually likewise granted the underwriters a 30-day option to acquire approximately an added 2,100,000 ordinary shares at the going public price, less underwriting price cuts and compensations.

Trina Solar will supply PV modules for numerous Low Carbon projects throughout Europe. Vertex N 605W as well as Vertex 670W+ collection are the modules that will be supplied for the initial project of Low Carbon.

The objective is to support the firm's ambition to grow its portfolio to 3GW over the next 5 years by including 100MW of new biomass and 400MW of new solar capacity yearly. The financial investment will add to staying clear of more than 2.8 million lots of CO2 emissions.

The new solar power project belongs to its captive power manufacturer (CPP) segment. KPI Green Energy also revealed the appointment of Salim Suleman Yahoo as the new Chief Financial Officer (CFO).

International cloud provider AWS, for instance, is also developing a Data Centers Project in the nation. The project is being powered by smart grid innovation as well as boasts of power capacity of close to 48 MW.

Altus Power said that the bargain is for around $293 million from funds managed by True Green Capital Management. The acquired portfolio, as soon as closed, will without delay include 207 MW of commercial-scale solar assets to Altus Power's operations and the staying 13 MW later on.

The World Bank, with the project, offers to India $150 million IBRD loan, a $28 million Clean Technology Fund (CTF) loan and a $22 million CTF grant. The project will certainly support SECI with human resource as well as company planning, project monitoring, procurement, economic and also contract management, environmental and also social safeguards as well as economic management, among others.