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EEW Renewables Revives SPAC Merger Plans for Growth
EEW Renewables is set to soar! Their $300 million merger with Compass Digital Acquisition propels them into a new era of growth and recurring revenue as an independent power producer.
Sep 9, 2024 // Markets & Finance News, SPAC, EEW Renewables
EDF Renewables to Supply 117 MWac of Solar Energy to California Utility
In addition to the solar production, SCPPA reserves the option to a 59 MWac x 4-hour BESS.
The Sapphire solar project of EDF Renewables is anticipated to generate 375,800 MWh of clean power annually.
Mar 23, 2023 // Markets & Finance News, PPA, BESS, EDF Renewables North America, American solar industry, Anaheim, Michael Webster, Pasadena, Riverside County solar project, Sapphire Solar project, SCPPA solar power purchase, Sohinaz Sotoudeh, Vernon
WoodMac: APAC renewables to outcompete coal within eight years
Indian and Australian solar will spearhead a grid parity shift set to take hold of Asia-Pacific renewables within less than a decade, according to Wood Mackenzie.
Jul 29, 2019 // Solar, Germany, China, Indian, Australia, LCOEs, Asia-Pacific, McKinsey, Europe, Asia, Oceania
ENGIE North America Adds Solar to Renewables Portfolio
ENGIE North America, an independent power manufacturer and also power performance providers, has actually authorized a significant tax obligation equity funding for its renewables profile.
Apr 13, 2020 // Markets & Finance News, clean energy, USA, Solar, Solar Energy, North America, pv projects, Renewable Energy, Solar Power, bank of america, climate changeEast Fork, Electric Reliability Council of Texas, ENGIE North America, ERCOT, Gwenaelle Avice-Huet, HSBCindependent power producer, Jumbo Hill, photovoltaicpv modules, renewables portfolio, tax equity financing
First Nations, Octopus Invest $650m for Aussie Renewables
Octopus Australia and Indigenous groups sign agreement to co-own renewable energy projects, estimated to be worth up to AUD 1 billion. Agreement includes revenue sharing, co-ownership and skills training to reduce Australia's carbon footprint and provide employment opportunities.
Sep 4, 2023 // Markets & Finance News, Octopus Australia, Indigenous groups
Faria Renewables Expands Greek Portfolio with 35-MW Solar Project
Faria Renewables SA expands Greek portfolio with 35-MW solar project acquisition on Mykonos, meeting energy demands for thousands of households by 2025.
Jul 26, 2024 // Plants, Residential, PV Power Plant, Faria Renewables SA, Mykonos
AES strategies to add 25 GW-30 GW of renewables through 2027
AES Corp (NYSE: AES) prepares to triple its renewables capacity by 2027 to get to regarding 40 GW-45 GW, the US power company stated on Monday as it outlined its long-term growth technique.
May 10, 2023 // Markets & Finance News, AES
Chile's renewables share drops to 35.7% in Nov
Chile's non-conventional renewables created 35.7% of the nation's electricity in November, reads the most up to date report on the field from Chilean power commission CNE.
Dec 26, 2022 // Technology, Chile, South america
Renewables in Cities 2021 Global Condition Report by REN21
The current Renewables in Cities 2021 Global Status Report shows that greater than 1 billion people-- about 25 percent of the metropolitan population-- reside in a city with a renewable energy (RE) target and/or plan.
Mar 23, 2021 // Market Research
Building a successful renewables auction in Colombia
pv magazine publisher Eckhart Gouras spoke to Carolina Obando, regulatory coordinator at renewable energy association SER Colombia, to discuss the country’s first renewable energy auction. The delayed tender promises to boost a solar industry with a 4.3 GW pipeline.
Sep 3, 2019 // Plants, Large-Scale, Commercial, Opinions, Rooftop PV, rooftop PV, Eckhart Gouras, Carolina Obando, SER Colombia, Maria Fernanda Suárez
Octopus Energy plans 1.1 GW Italian renewables rollout
JV with neighborhood designer Nexta will certainly create onshore wind, solar and also storage in the south of the country
Oct 19, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Italy, Europe, Octopus Energy
EDF Renewables, Credit Agricole Launch Solar Financing JV
EDF Renewables and Credit Agricole join forces to fund solar innovation in France, targeting EUR 200 million for sustainable energy on industrial rooftops by 2027!
Oct 23, 2024 // Markets & Finance News, EDF Renewables, Credit Agricole
BlackRock invests $2.5bn in renewables
BlackRock, the global biggest fund managing company, has closed 1bn USD of a 2.5bn USD fund aimed at wind, solar and storage. However, this is only a small part of the financial giant’s 6.96tn USD balance and nothing in comparison with 17.5bn invested in coal projects.
Dec 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, BlackRock, investment, North America
EU to support PV power plant in Armenia
Private equity fund Amber Capital Armenia, supported by the European Bank for Reconstruction and also Development (EBRD) and the European Union (EU), has actually gotten Solis LLC, an Armenian solar plant driver, to build as well as operate a 4 MW PV power plant in Aragatsotn, western Armenia.
May 20, 2021 // Plants, Markets & Finance News, Europe, Armenia, EU, PV Power Plant
Orix Bank to Secure $2.89 Billion for Renewables Investing
Orix Bank is providing $2.89 billion in funding for renewable energy and logistics projects this fiscal year, with a goal of 1% return on assets through debt securitization. Leveraging the ESG investment trend, the bank seeks to capitalize on the rising renewables sector.
Jul 17, 2023 // Markets & Finance News, Japan, Asia, Orix Bank