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Colombia awards 800MW of solar in 3rd renewables auction
Colombia has actually awarded contracts to 11 solar PV projects with a combined capability of 796.3 MW in its 3rd renewable energy auction.
Oct 27, 2021 // Markets & Finance News, tender, South america, Latin america, auction, Colombia
AEP Energy Partners seeks renewables PPAs in PJM region
A subsidiary people utility American Electric Power has introduced an ask for propositions process as it aims to sign power acquisition arrangements (PPAs) for new as well as existing solar as well as wind centers situated in the PJM service region.
Apr 5, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, PPA, PJM, North America, rfp, Ohio, PJM Interconnection, request for proposals, utility, american electric power, aep energy partners, us utility
OMERS Infrastructure acquires 49% risk in FRV's Australian renewables business
Canadian pension plan financier OMERS Infrastructure has acquired a 49% interest in the Australian renewable energy platform of utility-scale solar programmer Fotowatio Renewable Ventures (FRV).
Oct 18, 2021 // Markets & Finance News, Australia, Oceania, frv, OMERS Infrastructure, fotowatio renewable venture
Abu Dhabi targets 8.8 GW of renewables by 2025 in new COP26 pledge
Abu Dhabi has said it will bring its renewables capability approximately 8.8 GW by 2025 as it looks for to lower exhausts associated with power generation by 50% over the following years.
Nov 9, 2021 // Markets & Finance News, Asia, UAE, green hydrogen, Abu Dhabi, cop26
Masdar to establish approximately 10GW of renewables in Azerbaijan in two phase arrangement
UAE-owned renewable resource firm Masdar has penned a contract with the Ministry of Energy of the Republic of Azerbaijan to develop up to 10GW of renewables in the country as Masdar continues to increase its worldwide existence.
Jun 7, 2022 // Markets & Finance News, Masdar, pv power plants, Europe, green hydrogen, Azerbaijan, export
Acciona shareholders give green light to IPO of renewables unit
Spanish power company Acciona has safeguarded shareholder approval for an initial public offering (IPO) of its renewables department, providing a boost for the firm's plans to reach 6GW of set up PV by 2025.
Apr 12, 2021 // Markets & Finance News, Spain, IPO, Europe, Acciona, initial public offering, acciona energia, José Manuel Entrecanales
Spain to support distributed PV deployment in upcoming renewables auction
Spain will allocate up to 140MW of dispersed solar PV capacity in the country's following renewables auction, readied to happen this April.
Jan 6, 2022 // Markets & Finance News, Spain, tender, Europe, auction, distributed solar, Concentrated solar power
Meta Secures 240MW Texas Solar Attributes with Sunraycer Renewables Deal
Meta buys 100% of environmental attributes from Sunraycer’s Midpoint and Gaia Solar projects (240.5 MWAC/311 MWDC) in Texas, supporting its 24/7 carbon-free energy goal.
May 2, 2025 // Plants, Large-Scale, Commercial, USA, Texas, North America, Renewable Energy, PV Power Plant, solar projects, Sunraycer Renewables, Meta Platforms
UPC/AC Renewables invest in 550 MW of pumped hydro and solar in Australia
AC Renewables, the energy arm of Philippines’ Ayala Corp, and Australia’s UPC Renewables have agreed to buy 51% in a 250 MW pumped hydro project and a neighboring 300 MW solar project, both located in South Australia.
Aug 16, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, storage, Australia, AC Renewables, UPC Renewables, pumped hydro project, Bridle Track Solar Farm, Rise Renewables, PHES plant, Anton Rohner, Brer Adams
Europe can halve gas usage, save US$ 350bn by 2030 by doubling renewables release
Europe can cut in half the amount of gas in its energy mix and decrease energy costs by EUR323 billion (US$ 356 billion) if it rapidly accelerates renewable release, according to a brand-new report from energy technology group Wärtsilä.
Mar 29, 2022 // Markets & Finance News, Ukraine, Europe, European Union, IEA, european commission, Wartsila, Fossil Fuels, energy crisis, russian gas
San Jose Clean Energy, EDP Renewables sign large solar-plus-storage PPA
San Jose Clean Energy (SJCE) and EDP Renewables SA (EDPR), through its fully owned subsidiary EDP Renewables North America, signed a 20-year power purchase agreement for 100 megawatts of new solar energy and 10 MW of battery storage at the Sonrisa Solar Park in Fresno County, California. The project is anticipated to be operational in 2022.
Aug 9, 2019 // Plants, Large-Scale, Commercial, Residential, Markets & Finance News, Storage, California, USA, storage, CCA, San Jose Clean Energy, EDP Renewables SA, EDP Renewables, Mayor Sam Liccardo, East Bay Community Energy
Bidders line up for Ecuador renewables auction
The final results of the exercise, which attracted 22 participants, will be known on April 15. A 200 MW solar project will be assigned in the auction, with the winning bidder for that facility securing a 20-year power purchase agreement.
Nov 1, 2019 // Markets & Finance News, Ecuador, South america, auction, Carlos St. James
KGAL takes stake in Italian renewables player
Baltex Progetti has a 300MW pipeline that consists of solar projects in Sicily and Sardinia
May 19, 2022 // Markets & Finance News, Italy, Europe, KGAL, Baltex Progetti
French postal service aims to deliver stable energy bill using renewables
The La Poste Group wants one or more green corporate PPAs, to be procured through a tender. The postal service wants to hedge against volatile energy prices.
Sep 17, 2019 // Plants, Large-Scale, Commercial, France, tender, Europe, La Poste Group
Statkraft speeds up onshore renewables annual target to 4GW by 2030
Energy giant Statkraft means to develop 4GW of onshore renewables annually by 2030, an acceleration of its previous 2025 target of 2.5 GW-- 3GW.
Jun 28, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, renewable energy target, Statkraft, green hydrogen, power generation, green hydrogen strategy, renewable energy growth