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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.

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.

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

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.

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.

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.

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.

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.

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

European solar capitalists are coming to terms with smaller sized returns, however banks, federal governments and also grid operators might do even more to help ease threat and also reduce financier issues.

plant map Sicily 13.5     2010   EDF Renewables Loreo PV power

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.