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Plenitude, the energy transition business of Italian oil and gas company Eni SpA, has commissioned the 263-MW Golden Buckle solar park in Texas to supply US retailer Target Corp. The photovoltaic (PV) farm is the largest solar complex installed by Plenitude to date and is expected to have an annual output of between 400 GWh and 500 GWh.

The Federal Energy Regulatory Commission (FERC) has revealed key choices this week giving quality as well as to solar developers within the United States, while signalling state support further down the line.

The obligation will be applied annually from 2022. The clean electricity required will have to be bought through power purchase contracts of at least 10 years’ duration.

Solar projects are greater than two times as expensive as those in comparable arising market countries, says IEA

Innova Energy has actually contended the sale of its portfolio of 57 commercial roof solar PV assets in the UK.

A joint venture involving a subsidiary people energy solutions platform Orbital Energy Group Inc (NASDAQ: OEG) has actually started developing a 130-MW direct current (DC)/ 100-MW rotating current (AC) solar project in Alabama for Lightsource bp, Orbital said on Thursday.

According to a new report by BNP Paribas Asset Management, renewables offer more advantages than simply mitigating climate change. Electricity is easier to transport than oil, and wind and solar electricity prices are much more stable than volatile oil prices. An analyst from the French bank argues that major producers will need to reduce oil prices below $20 to compete with clean energy in the transport sector.

The power business has revealed it will certainly build 500 MW of renewable energy projects to power several of its worldwide facilities under a four-year contract with Canada's Algonquin Power & Utilities.

Spanish oil and also gas significant Repsol has actually boosted its 2030 renewables target to 20GW, the bulk of which is expected to be solar PV, as part of efforts to get to net absolutely no discharges by 2050.

The investment manager is now Europe’s largest renewable energy fund. The €1.3 billion group already has a 1.8 GW generation portfolio.

EDF Renewables UK intends to develop a 49.9-MW solar farm at Glassthorpe in Northamptonshire, England.

Madrid-based platform Matrix Renewables, produced by asset supervisor TPG, has participated in a collaboration with Horus Green Energy Investment to co-develop almost 420 MW of solar plants in Sicily and also Lazio, Italy.

BayWa has actually safeguarded tax obligation equity as well as building funding for its 133.6 MW Fern Solar project in Edgecombe County, North Carolina.

Although the International Energy Agency’s latest renewables report forecasts impressive solar growth there is still a nagging feeling it has produced conservative estimates and the emphasis on sharing costs with grid operators is predictable.

Renewable energy investment platform CleanCapital has announced its largest acquisition to date, a 75.2 MW solar portfolio made up of 15 operating projects in New Jersey.