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Iberdrola SA (BME: IBE) has actually pledged to spend up to EUR 3 billion (USD 2.99 bn) to expand its renewable energy capacity in Australia, the business announced on Monday.

Singaporean independent power manufacturer (IPP) athein announced on Thursday it is currently creating over 500 MWp of utility-scale and also industrial and industrial (C&I) solar power projects throughout the Philippines with the goal of having 2 GWp in operation by 2030.

US power services and distribution business Avangrid Inc (NYSE: AGR) as well as the Navajo Tribal Utility Authority (NTUA) have actually tattooed a memorandum of understanding (MoU) to check out chances to establish as much as 1 GW of wind and also solar projects, consisting of battery storage space options in the Southwest.

Swiss renewable resource manufacturer and trader Axpo Holding AG on Monday said it has actually acquired a battery and solar project in Sweden from project designer SENS (Sustainable Energy Solutions Sweden) in a bargain of concealed industrial terms.

TrinaTracker will supply DEC International with kit amounting to 510MW for 2 projects

The Export-Import Bank of the USA (EXIM) will certainly extend a direct car loan to back the building and construction of two solar parks in the Republic of Angola amounting to more than 500 MW.

Indian business Mahindra Susten will certainly give purchase, design and also building solutions on a $1.7 m, 3.1 MW selection for a German-Bangladeshi knitwear firm which will certainly get the power produced for $0.077/ kWh.

AIIB has actually authorized a USD 60 million lending to boost the eco-friendly power generation ability in Oman by funding a 500 MW solar PV project in the nation

The two federal governments will certainly form a JV which will certainly see China invest around $500 million in establishing 450 MW of solar generation capacity as well as a 50 MW wind farm on land supplied by the host country's North-West Power Generation Company.

Vietnamese firm Da Nhim–Ham Thuan–Da Mi (DHD), a subsidiary of national utility EVN, has bagged a US$37 million loan from the Asian Development Bank (ADB) for a 47.5MW floating solar project that is claimed to be the first and largest such project in the Southeast Asian nation.

French solar designers, financiers and utilities have claimed government strategies to cut subsidies for PV project owners would certainly cause an "economic disaster" that might threaten the nation's power shift.

Surat based Lithium-Ion Batteries producer, WAAREE ESS Pvt. Ltd has recently designed, created, and provided a high capacity 23KWhr lithium battery for 3 Ton forklift applications of ACE Ltd (Action Construction Equipment Ltd). These forklifts outfitted with WAAREE lithium batteries have currently been released at Chennai airport and operating for 12 hrs daily.

Germany's solar developers almost set up 5GW of brand-new PV ability this year, after a further 525MW added in December alone.

To set up 100 MW EPC Solar Project together with 120 MWh Battery Energy Storage System for SECI at Rajnandgaon, Chhattisgarh

Portugal's very first floating solar auction closed with a world record-low price, with utilities EDP and also Endesa among the winning bidders, the nation's environment ministry has actually announced.