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Power plants in Spain created 54% of their electrical energy from clean as well as eco-friendly sources in May, Spanish grid operator Red Electrica de Espana (REE) stated in its estimates report for the month.

Ingka Investments—renewables arm of the IKEA retailer—has bought three operational Dutch solar parks totalling 76 MW from SUSI Partners, its first PV deal in the Netherlands.

Solar PV has actually made nearly half of all new investments in renewable power in 2021, according to the International Energy Agency (IEA).

US-based utility Duke Energy means to increase its renewables capability to 16GW in the following 5 years.

Ukrainian energy team DTEK is holding talks with renewable energy programmers to resume building deal with various solar and also wind farms in the country, according to president Maxim Timchenko.

Spain's most recent renewables public auction closed with solar PV prospective buyers being granted just 866MW of capability, with gamers such as Naturgy and Bruc among the winning participants.

UK-based energy group Octopus Energy has actually raised US$ 550 million to buy renewables-enabling innovations and solutions.

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.

Global solar investor Foresight Group has continued its charge into the Australian PV market, launching a sustainability framework to finance small-scale renewable infrastructure projects in the country.

awaiting construction INRG Solar, British Solar Renewables Frodsham

After a long wait, RES has received state development approval for a major 200MW/10MW solar-plus-storage facility in New South Wales.

Octopus Renewables has actually announced a new partnership with Zestec Asset Management to deliver greater than ₤ 100 numerous brand-new develop UK solar assets.

A report by Greenpeace has found in the five years since China announced the continent spanning ‘One Belt, One Road’ infrastructure plan, investment in Belt & Road countries has supported 12.6 GW of wind and solar power generation capacity. That is almost three times the 450 MW that came online in the territories before 2014. The initiative has also supported 68 GW of new coal capacity.

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.

Chile's non-conventional renewables produced 2,328 GWh gross of electrical energy in April, down by 12.7% month-on-month, Chilean national energy commission CNE said in its most current report on the sector.