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The US Department of Energy has launched a brand-new cooperation project focused on making it more affordable and quicker to connect renewables projects to the country's grid.

An AFP newswire report this week said Ministry of New & Renewable Energy secretary Anand Kumar had announced plans for 30 GW of generation capacity in the state of Gujarat and 25 GW in Rajasthan, all of it along a 20-25km strip of semi arid land on the border.

Australia’s AGL will divest nearly all its 20% Tilt Renewables holding for about USD 490 million to a shareholder group led by QIC and the Future Fund.

Renewables capitalist Magnora has obtained 92% of South Africa-based solar as well as wind project development business African Green Ventures (AGV).

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.

United States petroleum supplier Buckeye Partners LP has gotten engineering business Black & Veatch for the construction of its 270-MW Project Parker solar park in Texas.

Madison Gas as well as Electric (MGE) on Thursday said that, in partnership with subsidiaries of WEC Energy Group Inc (NYSE: WEC), it has protected approval from the Public Service Commission of Wisconsin to get capacity from the Paris Solar-Battery Park.

United States renewable energy plants programmer and also driver Cypress Creek Renewables claimed today it has actually gotten four standalone energy storage projects in Texas with an incorporated capacity of 400 MW/600 MWh from Black Mountain Energy Storage (BMES).

Apex Clean Energy Inc. has selected Power Factors LLC, an independent software and services provider for renewable energy, to provide a technical asset management platform.

United States residential solar firm Complete Solaria Inc has obtained a USD-10-million (EUR 9.3 m) strategic financial investment from an entity affiliated with the chairman of venture capital firm Kleiner Perkins, John Doerr.

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.

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 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.