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Latin American empire Enel Americas SA (BCS: ENELAM) claimed on Monday that it will certainly invest USD 5 billion (EUR 4.84 bn) in its electricity company in the area under the 2023-2025 strategic plan, and also straight most its investments to Colombia as well as Brazil.

EUR 51 million will certainly be offered by Germany to Kenya for the development of new power framework and production of hydrogen. EUR 30 million will certainly be used for the training programs.

China has actually started constructing the 1 GW solar power project in the Kubuqi Desert that marks the pilot phase of the bigger project. The project is being developed by China Three Gorges Corporation with support from Inner Mongolia Energy Group that will set you back $11.6 Billion.

French renewable energy firm Akuo Energy has established its first solar park in Greece, with four PV comprising 1 MW each. This new photovoltaic plant is a result of the MoU signed between the regional authority and local agricultural firms, and is set to give an impetus to the addition of renewable energy sources.

French renewable nuclear power plant driver Voltalia SA (EPA: VLTSA) saw its net loss widen to EUR 7.2 million (USD 7.9 m) in 2022 due to boosted devaluation, amortisation and also provisions in addition to greater net economic expenses.

Renewable resources added 47.1 percent to Germany's gross electricity generation in the first quarter of this year, 2 percent factors greater than in the same duration last year (45.1 percent).

FRV Australia and Genesis Energy switch on the 63-MW Lauriston solar farm near Christchurch, advancing New Zealand’s push for a carbon-neutral, 95 % renewable grid by 2050.

Statkraft will buy 75 % of the power from three 38 MW solar plants in Italy under nine-year PPAs, strengthening Ellomay Capital’s renewables footprint and Italy’s maturing PPA market.

TNB and Petronas join forces to create Malaysia's green hydrogen hub, leveraging hydroelectric and solar power to lead the energy transition.

BB Energy commissions 25-MWp Mailo solar farm in Zambia, starts trading on SAPP and secures funding to expand the site and build a 500-MWp regional portfolio.

Axian’s energy arm entered Zambia by acquiring a majority stake in a 54.3-MWp solar farm in Kafue District, marking a strategic Pan-African expansion.

NHPC has issued a letter of award (LoA) to a Solar Power Developer (SPD) for ISTS-connected solar projects for balance 400 MW ability in its 2 GW tender

Indian state-owned power firm Damodar Valley Corporation (DVC) will certainly concentrate entirely on solar projects to include extra capability, as it seeks to establish a considerable floating PV portfolio.

Norwegian renewables large Statkraft is to acquire UK-headquartered solar designer Solarcentury, taking on a 6GW global portfolio in doing so.

A 200 MW storage project is being developed by Hanwha Energy Corporation and Lumcloon Energy. The €300 million facility is intended to stabilize the grid to host more renewable energy capacity.