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New Zealand-based framework financier Infratil Ltd (NZE: IFT) revealed today it is devoting USD 233 million (EUR 197m) to create its fourth renewable resource advancement platform-- Gurin Energy.

Financial dedications for utility-scale renewables projects in Australia have actually slowed to the most affordable level in the past five years, according to the Clean Energy Council (CEC), which exposed investment in large-scale batteries in the nation is booming.

Solar implementation in Iberia is being held back by planning as well as permitting and also laws unfit for the emerging power paradigm and European Commission intervention might be essential, a panel of investors has concluded.

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).

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.

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.

EDP Renewables opened an 87-MWp solar plant in Brandenburg—its first renewable project in Germany—adding clean daytime capacity to the local grid.

Walmart Chile signed with Copec EMOAC to source about 500 GWh of renewable electricity per year, covering ~80% of nationwide operations.

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.

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.

Spain will allocate up to 140MW of dispersed solar PV capacity in the country's following renewables auction, readied to happen this April.

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.

Baltex Progetti has a 300MW pipeline that consists of solar projects in Sicily and Sardinia

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.

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.