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Naturgy building 683 MW of renewables in Spain
Spanish utility Naturgy Energy Group SA (BME: NTGY) said on Monday that it is presently building 683 MW of wind and also solar farms in Spain, with strategies to switch them on over the coming months.
Sep 19, 2022 // Markets & Finance News, Spain, Europe, Naturgy
IRENA Report on Renewables for Refugee Settlements
Refugees and displaced people mostly depend on the energy that is unsustainable and can harm their health and well-being. Sustainable energy based on
Jan 8, 2020 // Market Research
Chinese investment in renewables triples under Belt & Road initiative
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.
Jul 30, 2019 // Plants, China, Tata Mustasya, NGO, Liu Junyan, Wang Yan, Asia
United States DOE aims to offer renewables less expensive, quicker grid connections
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.
Jun 2, 2022 // Markets & Finance News, Grids, USA, grid, interconnection, North America, renewables, department of energy, US DOE, Jennifer Granholm, Bipartisan Infrastructure Law
India plans 55 GW of renewables capacity along Pakistan border
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.
Oct 22, 2019 // Plants, Large-Scale, Commercial, India, Asia, narendra modi, Anand Kumar
Spain creates 37% of power from renewables in Aug
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.
Sep 5, 2022 // Markets & Finance News, Spain, Europe
Magnora increases South African renewables portfolio with developer purchase
Renewables capitalist Magnora has obtained 92% of South Africa-based solar as well as wind project development business African Green Ventures (AGV).
Feb 16, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, Africa, South Africa, m&a, magnora
Octopus Pockets USD 160M for Australia Renewables Push
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.
Sep 5, 2023 // Markets & Finance News, Australia, Oceania, octopus investments
Hungary to release renewables auction in July
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.
Jun 19, 2020 // Markets & Finance News, Hungary, Europe, auction, Peter Kaderják
Borosil Renewables Closes Acquisition Of Solar Glass Maker Interfloat
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.
Oct 26, 2022 // Markets & Finance News, Interfloat Corporation, Interfloat, Pradeep Kheruka, Borosil, Borosil Renewables Ltd, BRL, Christian Kern, Glasmanufaktur Brandenburg GmbH, GMB, Interfloat group of companies, solar glass manufacturer, tempered solar glass
BP targets Indian renewables with US$ 70m growth fund financial investment
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.
Jul 8, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, India, Lightsource BP, Asia, investment, finance, bp, Dev Sanyal, eversource capital, Dhanpal Jhaveri, Sashi Mukundan
Capital Dynamics releases renewables system Arevon Energy
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.
Aug 18, 2021 // Markets & Finance News, Capital Dynamics, USA, North America, John Breckenridge, Arevon Energy
Northland refinances 550-MW renewables portfolio in Spain
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.
Nov 14, 2022 // Markets & Finance News, Spain, Europe, Northland
European renewables investor Greencoat gets in US market, prepares US$ 5bn investment spree
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.
Oct 18, 2021 // Markets & Finance News, USA, Europe, North America, Greencoat Capital, David Boyce, Laurence Fumagalli
South Korea to adjust renewables targets, develop more nuclear plants
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.
Jul 6, 2022 // Markets & Finance News, Policy, South Korea, Asia, renewable energy target, nuclear, energy security