Search

Spain produced 37% of its electricity from renewable energy resources in August, Spanish grid operator Red Electrica de Espana (REE) claimed in the current price quotes report.

Octopus Investments Australia raises AUD 250 million for its renewable energy fund, OASIS. With contributions from Hostplus, CEFC and Sky Renewables, plus a new investor Rest, total funds raised now stand at AUD 550 million. Octopus manages a platform of assets worth AUD 1 billion.

The optimum size of eligible projects has actually been increased from 20 MW to 50 MW. The Hungarian government intends to contract around 390 GWh of creating capacity per year, with 40 GW to be scheduled for the Small PVPP classification, consisting of installations between 300 kW and also 1 MW in dimension. It will allot 350 GWh for the Large PVPP team, which includes projects ranging in dimension from 1 MW to 50 MW.

The site consists of four projects totaling 620 megawatts (MWdc) of solar PV plus 200 MWh of battery power storage. The projects integrated generate enough decarbonized power to meet the consumption of up to 217,000 typical California homes.

Borosil Renewables' acquisition of 86% risk in the Interfloat Group is done through its abroad wholly-owned subsidiaries. Interfloat Group contains two firms-- GMB Glasmanufaktur Brandenburg GmbH (GMB) as well as Interfloat Corporation.

A new United States renewable resource firm, called Arevon Energy Inc, has actually been developed by incorporating the US Clean Energy Infrastructure group of Switzerland-based personal asset management firm Capital Dynamics and Arevon Asset Management, Capital Dynamics' former special energy asset management associate, it was introduced today.

BP has actually invested US$ 70 million in an environment-friendly growth fund launched by EverSource Capital, an India-focused fund manager co-founded by BP-backed solar company Lightsource BP.

Canadian power producer Northland Power Inc (TSE: NPI) has closed a non-recourse debt refinancing and also restructuring of a 550-MW portfolio of renewable energy parks in Spain, the company's expert Green Giraffe revealed.

EDF Renewables finished and began commercial procedure of the Maverick 1 (173.4 MWdc) and also Maverick 4 (135.9 MWdc) Solar Projects. Maverick 1 offers 125 MWac of electrical power to Southern California Edison under a 15-year Power Purchase Agreement (PPA), while Maverick 4 supplies 100 MWac power and eco-friendly credit to Shell Energy North America under a 15-year PPA.

European renewables investment administration firm Greencoat Capital has verified its entrance to the US renewables market as well as is plotting to spend up to US$ 5 billion over the next five years.

South Korea is intending to change its renewables targets as part of a host of energy policies from the country's new government, which intends to enhance the role of nuclear power.

DTEK's 2030 company strategy has an objective for tidy power to account for at least one-third of power output

Madrid-based platform Matrix Renewables, created by asset manager TPG, has actually placed its 50-MW Olivares solar photovoltaic (PV) park in commercial operation in southern Spain.

EDF Renewables UK, part of French energy group EDF Group (EPA: EDF), is planning to build an as much as 50-MW green hydrogen manufacturing facility powered by offshore wind and also solar parks in England.

International renewables capacity will more than double this decade yet almost every leading market will certainly still miss deployment targets.