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The Australian Renewable Energy Agency (ARENA) has pledged to give financing for the building and construction of a 200-MW/1,600-MWh Advanced Compressed Air Energy Storage (A-CAES) facility at an obsolete mine in New South Wales to give at least eight hrs of storage.

Vena Energy's 320MW solar project in Queensland to power 120,000 homes, cut 568,000 tonnes of CO2, and create 400 jobs, advancing clean energy goals by 2027.

The La Vega 1 and also 2 projects in the town of Teba comprise concerning 224,600 panels

Statkraft posts NOK 6.5 bn Q2 loss on impairments and FX; new CEO retreats from non-core bets, trims spending and targets NOK 2.9 bn cost savings.

The Dubai Water and Electricity Authority will use energy from the gigawatt-scale Mohammed Bin Rashid Al Maktoum Solar Park to provide a new hydropower plant with pumped storage capacity. The state-owned utility has announced a number of innovations for the project in recent months, including plans for hydrogen and large-scale storage capacity.

Vietnam is set to expand its solar and also wind capability as a supportive regulatory atmosphere as well as growing financier self-confidence stimulate on brand-new project development.

The 293MW DC utility-scale project has been gotten by funds handled by PAG Real Assets

California-- the largest U.S. state, residence to 1/8th of the country's population, as well as in charge of 14% of nationwide GDP-- is experiencing among its most challenging dry spells this year. the state had earlier experienced the most significant wildfire period recorded in its contemporary history in 2020 one reason being criticized for the damaging weather conditions this year.

The Queensland federal government in Australia launched a draft costs that legislates an 80% renewable resource target by 2035 and sets an objective to transform the state's coal-fired power stations into clean energy hubs.

Groupe Filatex teams up with Canada’s DERA Energy.

Norwegian renewables firm Scatec is to develop a 532MW solar PV project in the Brazilian state of Rio Grande do Norte via a US$ 320 million financial investment following arrangement from state authorities.

Japanese power business J-Power has actually gotten a 10% risk in renewables and pumped hydro developer Genex Power through its Australian subsidiary JPGA Partners.

New York's Kohlberg Kravis Roberts & Company (KKR), a leading international investment company, as well as Hero Future Energies (" HFE" or the "Company")- the renewable energy arm of the Hero Group, have actually introduced the signing of conclusive agreements.

The intended disposal of greater than a 3rd of the Chinese solar business's project profile would certainly take a substantial piece out of its financial debt hill yet trading in business supply was stopped today, pending a news in connection with the project sale. Shunfeng sold German PV project tracking organisation meteocontrol to an additional procedure had by its major investor at the end of in 2014.

Renewable energy titan EDP Renovaveis SA (ELI: EDPR) has finalised the purchase of 200 MW of solar plants in Vietnam from residential designer Xuan Thien Group.