Search



New heights for renewable energy generation in Spain as solar leads growth
Solar PV has been the motoring aspect behind the growth of Spain's eco-friendly power sector up until now this year, with renewables generation between January and also September up 16.3% on the very same duration of 2019.
Oct 7, 2020 // Markets & Finance News, Spain, Europe, southern europe, energy transition, red electrica de españa
Switzerland plans large scale solar auctions
The Swiss Federal Council intends to increase competition in the solar sector and set fixed tariffs for large PV projects using tenders. The electricity market will be fully opened up in a move industry association Swissolar says will discriminate against PV and threaten the rapid expansion of renewables.
Sep 30, 2019 // Plants, Large-Scale, Commercial, Tariffs, tender, Europe, auction, Switzerland, Swissolar
Statkraft buys 326 MW of solar projects in Ireland
The Norwegian power company acquired the projects for around $17.3 million. The transaction indicates interest in large scale solar is on the rise in Ireland and unsubsidized projects are viable.
Oct 25, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Ireland, Europe, Statkraft
Univergy Solar is starting major solar power projects in Zambia
Univergy International headquartered in Spain and Japan is planning to invest over $200 million in two photovoltaic projects in Zambia.
Nov 7, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, Africa, zambia, Univergy International
Statkraft speeds up onshore renewables annual target to 4GW by 2030
Energy giant Statkraft means to develop 4GW of onshore renewables annually by 2030, an acceleration of its previous 2025 target of 2.5 GW-- 3GW.
Jun 28, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, renewable energy target, Statkraft, green hydrogen, power generation, green hydrogen strategy, renewable energy growth
German Bank KfW Will Lend Colombia $203.8 m For Green Energy Transition
Germany will certainly lend Columbia regarding USD 203.8 m in 2 stages to help the latter accomplish green energy transition and become energy-independent.
Jul 26, 2022 // Markets & Finance News, Germany, Europe, KFW, Columbia, Columbia solar plant, Decentralised Renewable Energy, Green Energy transition
China Q1 solar installs leading 5.5 GW as foundation is laid for anticipated end of year thrill
China mounted 5.56 GW of solar in Q1 2021, new information from the country's National Renewable Energy Consumption Monitoring and Warning Center has revealed.
May 4, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, China, Asia
Solar and wind outmatching all various other renewables development in US
Solar power result in the US outmatched all other renewables and also grew by nearly a quarter (24.3%) in the initial 3 months of 2021 contrasted to last year, new information from the country's Energy Information Administration (EIA) has revealed
May 27, 2021 // Markets & Finance News, USA, North America, EIA, Renewable Electricity, sun day campaign, us renewables, energy information administration
Biden Seeks to Cut Energy Storage Costs by 90% Within Decade
Renewable resource 'wherever and also whenever it's needed' Effort is seen as important to attaining Biden's environment objectives
Jul 14, 2021 // Storage, USA, North America, Joe Biden, Jennifer Granholm
Huawei To Provide 1 GW Solar plus 500 MW ESS Solution In Ghana For Meinergy
Huawei Digital Power Technologies Co., Ltd. (Huawei Digital Power) has actually signed a strategic cooperation agreement with Meinergy Technology Co., Ltd (Meinergy), the leading PV designer in West Africa.
Mar 8, 2022 // Plants, Storage, PV plants, West Africa, hydropower, energy storage system, Huawei Digital power, meinergy, Wu Guangwen
Sweden forecast to triple solar generation by 2024
Sweden's solar outcome is set to triple over the next two years to 3TWh and also, with electricity manufacturing from both wind as well as solar expected to increase, the Scandinavian country is set to export roughly 41TWh by 2024.
Mar 14, 2022 // Markets & Finance News, Sweden, Europe, energy exports, sweden energy agency
ReNew Power finishes merger with SPAC RMG II
RMG Acquisition Corporation II's investors have actually elected to approve its mix with Indian independent power producer (IPP) ReNew Power.
Aug 17, 2021 // Markets & Finance News, India, Asia, ReNew Power, SPAC, ReNew Energy Global, RMG Acquisition Corporation II, RMG II
AC Energy, ib vogt to Set up 300 MWdc Solar Projects in the Philippines
Philippines-Based AC Energy Corporation (ACEN), an energy platform of Ayala, is preparing to companion with the Singapore device of German firm ib vogt for the installation of a minimum of 300 MWdc of solar power projects in the country.
Aug 30, 2021 // Plants, Asia, ib vogt, Singapore, AC Energy Corporation, ACEN, Philippine Stock Exchange, PSE
United States Solar Output Increases by 26% in First Nine Months of 2022 Y-o-Y
According to the latest report from the nation's Energy Information Administration (EIA), solar PV generation boosted in the US throughout the initial 9 months of the year by 26.1% when contrasted to the same period last year.
Nov 30, 2022 // Markets & Finance News, Market Research, EIA, International, sun day campaign, energy information administration, Electric Power Monthly, First Nine Months of 2022, Increases by 26%, renewable power capacity, solar PV generation, US Solar Output
Coronavirus hold-ups 135MW solar duo by Philippines utility
As international initiatives to include the coronavirus step up, the condition remains to influence the solar sector, with a subsidiary of significant Filipino utility Meralco introducing that the appointing of 135MW of solar projects has actually been postponed as a result of the infection break out.
Feb 25, 2020 // Plants, Large-Scale, Commercial, Asia, Philippines, Meralco, MGen, Rogelio Singson, Coronavirus