UTILITY-SCALE SOLAR

Oil and gas majors moving aggressively into renewables have to construct and also not buy their way in, or their contribution to worldwide carbon reduction efforts will certainly be considerably minimal, RWE's CFO Markus Krebber has actually said.

Azure Power's project appointing task ground to a stop in the three months finished 30 June 2020, as the impacts of COVID-19 were really felt strongly in India.

Duke Energy is considering additional financial investments in solar projects in Florida and the Carolinas as it reels from a US$ 1.6 billion expense related to the termination of the Atlantic Coast Pipeline (ACP).

Danish designer European Energy has actually protected EUR96.5 million (US$ 113.59 million) in moneying for Italy's biggest solar park.

Independent power producer Sonnedix has finished EUR321 million (US$ 377.61 million) in non-recourse funding for 13 solar plants in Spain.

The Texas grid driver has greater than tripled its speed of completing utility-scale solar affiliation researches given that 2019. Yet the battery backlog remains to expand.

Neoen's solar earnings rose by 34% in H1 2020 as the independent power producer (IPP) declared its objective of having 5GW in operation or building and construction by the end of following year.

Iberdrola is to create a landmark solar-storage-hydrogen facility in main Spain, proclaiming it to be largest commercial environment-friendly hydrogen center in Europe once total.

Azure Power has seen its pipe of interstate transmission solar in India swell by an additional 2GW after a greenshoe option in an existing agreement with Solar Energy Corporation of India (SECI) was worked out.

Enel Green Power has begun on its first solar-storage hybrid project in the United States, setting its sights on deploying 1GW of energy storage over the following 2 years at the same time.

Iberdrola has actually hit the accelerator on its renewables financial investments in H1 even with the pandemic, as the international utility looks to move on with a project pipeline that currently goes beyond 58GW.

Sonnedix has actually reached economic close on a 40MW utility-scale solar farm in Japan, including in an expanding portfolio of solar in the nation.

BayWa r.e. has actually broken ground on a 64.6 MWp solar farm in Poland-- the nation's largest-- as it sets sights on a 600MW profile in the nation.

Utility-scale solar power has shrugged off any type of financial headwinds to tape-record a strong initial fifty percent, according to today's figures from Wiki-Solar. Global set up capability rose to over 240 GWAC, with 24 GW of brand-new setups-- over half of 2019's record full-year total.

Generation from renewables in the UK soared in the initial quarter of 2020, main statistics reveal, as the nation's shovel-ready renewables pipeline continued to proliferate.