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IRA to Swell United States Renewables Investment to $114 Billion: Wood Mackenzie
The report stated that a rise from $64 billion in 2022 to virtually $114 billion is expected by 2031. The report called, 'Boom time: what the Inflation Reduction Act (Act) implies for US renewables suppliers', dives in the efficiency of law when it come to equipment production growth.
Jan 20, 2023 // Markets & Finance News, Market Research, USA, Wood Mackenzie, North America
EDF invests in Egypt’s solar technology and integration startup
France’s largest state-owned utility company has invested unrevealed finances into KarmSolar. The latter has installed a 165-megawatt solar pipeline throughout Egypt. The Egyptian startup supplies power to large-scale industrial, agricultural and commercial customers.
Nov 26, 2019 // Markets & Finance News, France, EDF, Europe, Asia, Africa, Egypt, KarmSolar
Mainstream Renewable Power doubles down on Chilean renewables with new finance deal
Renewables developer Mainstream Renewable Power has more than doubled a financing facility after striking an agreement with Dutch bank ABN AMRO.
Oct 15, 2019 // Markets & Finance News, Chile, South america, financing, mainstream renewable power, hsbc, abn amro, Mary Quaney, Vincent Goedegebuure
African leaders employ renewables to construct future of power durability
Worldwide sustainable specialists will certainly guide the roll-out of huge quantities of solar as well as others in Africa, in a quote to aid the continent take advantage of its large environment-friendly power sources to power its feedback to COVID-19.
Apr 21, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, pv power plants, solar pv, IRENA, solar-plus-storage, Africa, mini-grids, Coronavirus, Decentralised Solar, covid-19, african union, Senegal
Nelnet strengthens renewables department with GRNE Solar procurement
Financial services as well as technology business Nelnet has actually acquired GRNE Solar, an EPC that develops and installs property, industrial and utility-scale solar in the US Midwest.
Jul 6, 2022 // Commercial, Markets & Finance News, USA, EPC, Battery Storage, rooftop, North America, ev charging, m&a, acquisition, GRNE Solar, Nelnet
Spark Renewables proposes 2.5-GW hub in New South Wales
Spark Renewables today unveiled a proposition to establish a renewable energy generation and storage space center in New South Wales (NSW) for approximately 2.5 GW of overall capability.
Jul 15, 2021 // Plants, new south wales, Spark Renewables, Anthony Marriner
New York's 8th RES RFP for Onshore Renewables
Governor Hochul's call for large-scale renewable projects in NY aims to boost clean energy and benefit residents. Apply by July 15 for a chance to make a difference!
Jun 21, 2024 // Plants, Large-Scale, Commercial, USA, New York, North America, Governor Hochul
AES added 2GW of renewables in 2021, means to exit coal by 2025
Global power business AES included more than 2GW of renewables as well as power storage to its portfolio last year as the business officially confirmed its intent to exit coal generation by 2025.
Feb 28, 2022 // Markets & Finance News, USA, PPAs, PPA, financial results, North America, AES, AES Corporation, Fluence, coal exit
Greece's PPC Renewables seeks cooperations to fast-track 2.3 GW solar buildout
The renewable resource arm of Greek utility Public Power Corporation (PPC) is seeking to increase partnerships with significant solar sector gamers to fast-track its objective of mounting 2.3 GW of PV parks.
Sep 17, 2020 // Plants, Large-Scale, Commercial, Greece, Europe, coal phase-out, PPC, helapco, Konstantinos Mavros
Over 25% of U.S. power originated from renewables in initial fifty percent of 2022
Renewable energy resources supplied 25.23% of the country's electric generation capacity in the very first six months of 2022, this according to a SUN DAY Campaign testimonial of data simply launched by the united state Energy Information Administration (EIA).
Aug 26, 2022 // Markets & Finance News, USA, North America, Ken Bossong
Romania probes passion in 2023 renewables tender
The federal government of Romania is seeking to assess the passion of renewable energy programmers in upcoming tenders for renewable power capacity, official documents show.
Dec 8, 2022 // Markets & Finance News, Europe, Romania
Portugal's 2nd PV auction draws globe record low bid of $0.0132/ kWh.
According to monetary paper Expresso, the lowest bid in the exercise was EUR0.0112/ kWh, a little less than the $0.0135/ kWh submitted by French energy team EDF as well as China's JinkoPower in a 2 GW tender kept in Abu Dhabi, a rate which was validated last month.
Aug 25, 2020 // Large-Scale, Markets & Finance News, Portugal, EDF, Europe, auction, jinkopower
Energy data software firm Cleartrace raises US$ 20m to increase growth
Energy management software company Cleartrace has safeguarded US$ 20 million in a financing round to speed up the growth of its platform.
Jul 4, 2022 // Markets & Finance News, Software, carbon tracker, software platform, Brookfield, clearsky, cleartrace, edf energy
BASF signs 250MW of US wind, solar PPAs
Agreements with Dawn Solar and EDF Energy Services should help power 20 manufacturing sites
Aug 3, 2022 // Markets & Finance News, USA, PPA, North America, BASF
Borosil Renewables to acquire Europe's biggest solar glass manufacturer Interfloat Group
Indian group Borosil Renewables is obtaining Europe's largest solar glass maker. With major websites in Germany and Liechtenstein, Borosil intends to boost manufacturing capacity to 2,600 tonnes per day, making it feasible to provide solar glass for greater than 15 GW of PV modules from 2025.
Apr 26, 2022 // Manufacturing News, India, Asia, Borosil Renewables, Pradeep Kheruka