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Worldwide renewables capacity to double this decade however fall well short of targets: Fitch
International renewables capacity will more than double this decade yet almost every leading market will certainly still miss deployment targets.
Jun 10, 2022 // Markets & Finance News, USA, India, China, Fitch, Europe, Asia, North America, decarbonisation
Solar and wind outmatching all various other renewables development in US
Solar power result in the US outmatched all other renewables and also grew by nearly a quarter (24.3%) in the initial 3 months of 2021 contrasted to last year, new information from the country's Energy Information Administration (EIA) has revealed
May 27, 2021 // Markets & Finance News, USA, North America, EIA, Renewable Electricity, sun day campaign, us renewables, energy information administration
Mytilineos' renewables unit takes monetary hit from project hold-ups in 2020
Greek commercial group Mytilineos claimed 2020 turnover from its renewables and storage advancement device was around 40% less than anticipated due to contracting and also building delays as a result of the coronavirus pandemic.
Feb 5, 2021 // Plants, Markets & Finance News, Greece, Europe, covid-19, Mytilineos, sfi con london, epc contractor
BlackRock led consortium spends US$ 525m in Tata Power Renewables to sustain Indian operations
A consortium led by exclusive equity giant BlackRock Real Assets has gotten a 10.53% stake in Tata Power Renewables with a INR4,000 crore (US$ 525 million) financial investment.
Apr 19, 2022 // Markets & Finance News, BlackRock, India, Asia, tata power solar, tata power, Mubadala
French government to increase renewables generation
Proposals consist of wind and solar farms having the ability to sell power 18 months before CfDs says WindEurope
Aug 8, 2022 // Markets & Finance News, France, Europe, Pierre Tardieu
Nexus Renewables to Release 27MW/108MWh BTM Battery Energy Storage Space in California
Nexus Renewables U.S. Inc. is pleased to announce an arrangement with Pacific Gas and also Electric Company (PG&E) where Nexus Renewables will certainly service 100+ MWh of Resource Adequacy requires in Northern as well as Central California through a fleet of behind-the-meter energy storage resources.
Dec 30, 2020 // Storage, California, USA, Pacific Gas and Electric Company, North America, Keith Sandor, Nexus Renewables
Greencoat Renewables to purchase 80MW Irish PV plant
South Meath project is due online in Q4 2023 when the handle Statkraft will certainly finish
Jul 18, 2022 // Markets & Finance News, PV Power Plant, Greencoat Renewables
PPC Renewables welcomes bids for 550MW Greek solar project
Utility seeking building and construction specialist for Ptolemaida project, the largest ever before integrated in Greece
Aug 15, 2022 // Plants, Large-Scale, Commercial, Greece, Europe, PV Power Plant, PPC Renewables
Innova Renewables lands GBP 5m in the red funding to back UK pipeline
UK solar as well as storage space designer Innova Renewables has actually protected GBP 5 million (USD 6.18 m/EUR 5.68 m) in the red financing from framework financier Triple Point Energy Transition plc (LON: TENT) to fund its residential pipeline.
Apr 3, 2023 // Markets & Finance News, UK, Europe, Innova Renewables
Bifacial panels likely to stay exempt from Section 201 tariffs
US President Donald Trump's plan to reverse the exemption for bifacial panels within Section 201 profession tariffs look readied to be warded off once more.
Oct 19, 2020 // Markets & Finance News, Tariffs, USA, Donald Trump, North America, section 201, regulation, bifacial exemption, import tariffs, bifacial tariffs
UK energy suppliers unveil mixed bag of solar export tariffs
Energy suppliers in the UK have unveiled a mixed bag of tariffs for domestic solar exports, with O&G major Shell’s supply business unveiling a tariff of just 0.001p/kWh.
Jan 3, 2020 // Markets & Finance News, Tariffs, Policy, UK, Europe, shell, Chris Hewett
AES declares 7-9% yearly development rate and also upgrades renewables target
Energy tech firm AES has reaffirmed its annual development target of between 7-9% through to 2025 and also anticipates to add 5GW of renewables, up from a previous target of 4GW, under lasting agreements this year after carrying out much better than anticipated up until now, according to its Q3 results launched the other day.
Nov 5, 2021 // Markets & Finance News, AES, Andres Gluski
BHE Renewables to Spend $500m in RE-Powered Site in West Virginia
BHE Renewables will purchase greater than 2,000 acres of land in Ravenswood, as well as create it as a renewable energy microgrid-powered commercial site. Precision Castparts Corp. (PCC) will be the initial firm to find on the site to develop a titanium melt manufacturing facility that will make use of 100% renewable resource to produce titanium items for the aerospace and also other industries.
Sep 14, 2022 // Markets & Finance News, aerospace, Alicia Knapp, BHE Renewables, PCC, Precision Castparts Corp., Ravenswood, Steve Wright, Timet
Sembcorp targets 10GW of installed renewables ability by 2025
A new strategic plan from Sembcorp Industries will certainly see the Singapore-based energy business aim to boost its renewables ability virtually fourfold to 10GW by 2025.
May 28, 2021 // Plants, ENERGY STORAGE, Asia, Singapore, sembcorp industries, energy transition, sembcorp, net zero, Wong Kim Yin
Octopus Renewables acquires 14 French solar ranches for $69.7 m.
Energy supply firm Octopus Renewables Infrastructure has acquired 14 solar photovoltaic or pv (PV) farms in France.
Jul 31, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, France, pv power plants, Europe, Octopus Renewables, Phil Austin