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Highview Power Storage and renewable energy developer Encore Renewable Energy jointly announced plans to develop the United States’ first long duration, liquid air energy storage system. This facility will be a minimum of 50 MW, provide in excess of eight hours of storage (400 MWh) and will be located in northern Vermont.

Atlas stated that this marks the first time that BNDES has actually carried out an US dollar-indexed loan to a renewable energy project. The solar project will generate 815 GWh of power every year which amounts providing clean energy to 394,000 homes as well as offsets 61,000 tons of CO2 emissions annually.

Spanish utility Iberdrola has secured a $160.8 million green loan from the European Investment Bank to develop 400 MW of wind and solar energy in Italy.

Seven-year PPA with Lundbeck takes pharmaceutical firm to 100% renewable electricity

American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion. The sale portfolio includes 14 projects, representing 1,200 MW of wind and 165 MW of solar in 11 states.

Researchers at UMass Amherst have actually established a tool that utilizes an all-natural healthy protein to produce electrical energy from dampness airborne

Octopus Energy has actually launched its Octopus Energy Development Partnership (OEDP), a ₤ 185 million (EUR220 million) renewable fund aiming to spearhead the green energy revolution in the UK, whilst making its initial investment in Exagen.

United States independent power producer DESRI is intending to raise as much as US$ 100 million in an initial public offering (IPO) that will see the company noted on the Nasdaq.

International employment in renewable energy, counting direct and also indirect jobs, grew to 12.7 million individuals in 2021 from 12 million in 2020, according to the most recent report by the International Renewable Energy Agency (IRENA).

ADB (Asian Development Bank) has revealed that it will invest $1 billion worth of its energy initiatives in the Pacific region from 2019 to 2021 to generate more renewable energy.

Specifically, the deal will sustain 8 renewable energy projects in the district besides Snowy 2.0 hydropower project in one of the most populated district of Australia. The federal government will be spending A$ 4.7 billion and also NSW will certainly add A$ 3.1 billion through completion of this decade to eliminate the reliance on fossil fuels for power.

Capital Dynamics, an independent worldwide exclusive possession monitoring company, today revealed that the joint endeavor entitled Sol Customer Solutions between its Clean Energy Infrastructure (CEI) business as well as Sol Systems, among one of the most seasoned solar financing and growth systems in the United States, has actually secured a Distributed Generation (DG) Tax Equity Commitment from Bank of America.

Respect Energy inks a decade-long PPA for 63 GWh of green electricity, powering its growth through solar parks and sustainable partnerships in Poland’s vibrant energy landscape.

Greenbacker Renewable Energy Company purchased the rights to a portfolio of three solar projects totaling 9.27 MW from a subsidiary of BNRG Renewables (BNRG).

Portugal-based renewable energy manufacturer Greenvolt stated that it broadened into the marketplaces of Bulgaria, Romania and Italy through its system V-Ridium, a Polish renewables developer.