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Clean energy company Intersect Power LLC said on Thursday it has actually acquired USD 2.6 billion (EUR 2.3 bn) in funding dedications to sustain the construction as well as procedure of a six-project portfolio with 2.2 GW DC of late-stage solar and also 1.4 GWh of storage ability.

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.

Worldwide dependence on auctions is warding off the growth of renewables as well as stopping working to provide fair access to the market for small-scale industry gamers, new research study suggests.

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.

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.

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.

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.

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.

AEP Energy Partners (AEPEP), a subsidiary of AEP is seeking proposals for off-take from new solar and also new or repowered wind facilities located in PJM.

Google and Power Capital Renewable Energy partner up for 14-year power purchase agreement to provide 83 MW of solar energy to Google's data center and offices in Ireland, helping reach Ireland's 2030 targets and Google's goal of operating on carbon-free energy every hour of every day by 2030.