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ACWA Power posts strong H1 results as it continues its renewables expansion
Saudi Arabian renewables developer ACWA Power uploaded solid H1 2022 results as it remains to divert its portfolio to renewables and low-carbon technologies.
Aug 15, 2022 // Markets & Finance News, Saudi Arabia, floating PV, Asia, power purchase agreement, Indonesia, Uzbekistan, Oman, ACWA Power
USA's Utility-Scale Renewables Generated A Lot More Electricity Than Coal On 169 Days
There has been fast velocity in utility-scale progress in renewables- solar, wind and also hydro. These made up market share surpassing 20 per cent on 31 days of 2022. There were only 4 such days in 2019.
Jan 19, 2023 // Markets & Finance News, USA, Solar Energy, North America, Wind Energy, clean energy transition, utility scale renewables
COVID-19 'injuring however not stopping' renewables as IEA modifies projections
The International Energy Agency (IEA) anticipates renewables release to rebound following year, with the continuous COVID-19 pandemic claimed to be "injuring, however not stopping" development.
May 20, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, distributed solar, IEA, Fatih Birol, covid-19, pandemic, forecast
AEP Energy seeks as much as 500MW of renewables, storage space in PJM area
A subsidiary people utility American Electric Power has actually provided an ask for proposals for off-take from in between 300MW as well as 500MW of solar, wind and standalone battery energy storage systems (BESS) in the PJM Interconnection location.
Oct 6, 2021 // Plants, Storage, USA, PJM, North America, Battery Energy Storage, PJM Interconnection, request for proposals, american electric power, AEP Energy
Chile to hold renewables as well as energy storage auction later on this year
Chile has published details of its latest power auction set to happen later this year that will certainly get 5,250 GWh per year for 15 years.
Jan 6, 2022 // Markets & Finance News, Storage, Chile, South america, auction, tenders, acera
Heliogen takes defensive stance against Continuum Renewables
The board of directors of Heliogen Inc (NYSE: HLGN) today announced its adoption of a limited duration stockholder rights strategy, likewise called a "poison pill", in response to the unsolicited requisition proposal made by Continuum Renewables Inc (CRI) recently.
Apr 18, 2023 // Markets & Finance News, Storage, Heliogen, Continuum Renewables
Asterion Buys German Steag, Bets on Renewables
Spanish investment firm Asterion Industrial Partners has reached a EUR 2.6 billion deal to acquire German energy company Steag GmbH. The proposed transaction includes investment in renewable energy, new green job creation, and is expected to close by 2023.
Aug 28, 2023 // Markets & Finance News, Storage, Spain, Europe, Asterion
Matrix Renewables to buy 150 MW of Spanish PV in 1-GW partnership
Madrid-based platform Matrix Renewables, produced by property supervisor TPG, on Monday claimed it has actually become part of a collaboration with Spanish renewables developer Rolwind to create a 1-GW pipeline.
Feb 15, 2021 // Markets & Finance News, Spain, Europe, Matrix Renewables, Rolwind
Brazil connects 464.6 MW of renewables in Feb 2022
Renewable energy plants with a combined capacity of 464.57 MW were provided permits to start procedures in Brazil in February 2022, power sector regulatory authority Aneel announced on Thursday.
Mar 11, 2022 // Plants, Commercial, Markets & Finance News, South america, Brazil
Renewables set new records in Germany, but ‘second pillar’ solar needs to accelerate even further
Renewables contributed some 43% of electricity consumption in Germany in the first nine months of 2019 – a new record – however doubts remain over the country’s chances of meeting future targets.
Nov 1, 2019 // Markets & Finance News, Germany, solar pv, Europe, decarbonisation, renewables, Stefan Kapferer, Frithjof Staiß
Victoria introduces second renewables auction of 600MW, with more powerful network needs
The Australian state of Victoria has launched its second Victorian Renewable Energy Target (VRET) auction for 600MW of energy projects, which will include strengthened network demands to ensure projects can be easily linked to Australia's grid.
Sep 1, 2021 // Plants, Commercial, Markets & Finance News, Grids, Policy, Victoria, tender, AEMO, auction, NEM, grid connection
PPC Renewables bags EIB funding for 230-MWp solar project in Greece
PPC Renewables, part of Greek power utility PPC SA (ATH: PPC), will certainly build 3 solar parks totalling 230 MWp in Greece's Western Macedonia area with financing from the European Investment Bank (EIB).
Jan 19, 2023 // Markets & Finance News, Greece, Europe, Solar Project, PPC Renewables
AIIB Will Support 10 GW Renewables Energy in Egypt
The investment will certainly take place under Egypt's program: Nexus on Water, Food and Energy (NWFE).
AIIB has committed to contribute to the RE component which is expected to mobilise a minimum of $10 billion in investments for the setup of 10-GW.
Nov 23, 2022 // Markets & Finance News, AIIB, greenhouse gas emissions, Food and Energy, fossil fuel capacity, National Climate Change Strategy, Nationally Determined Contribution, Nexus on Water
NSW renewables tender secures 312 MW capacity with Ibderdrola
312 MW of renewable energy secured in New South Wales with Long-Term Energy Service Agreements, paving the way for a cleaner, more sustainable future.
Jul 1, 2024 // Plants, Large-Scale, Commercial, tender, nsw, Ibderdrola
National Grid Renewables Launches 95 MW Minnesota Solar Projects
National Grid Renewables powers up Minnesota with two new solar parks, boosting clean energy capacity by 95 MW and paving the way for a sustainable future.
Jan 31, 2025 // Plants, USA, North America, PV Power Plant, National Grid Renewables
