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British oil and also gas major BP Plc (LON: BP) has actually clinched a deal to buy a 40.5% stake in the 26-GW Asian Renewable Energy Hub (AREH) project in Pilbara, Western Australia, as well as will become its driver, it said today.

SGEL has won the 90 MW floating solar project in Madhya Pradesh with an INR 3.79 ($0.046)/kWh tariff. The project is expected to generate 4,781 MUs over 25 years and will be commissioned within 21 months of signing the PPA. SJVN is the second firm to win the project.

Radiance Renewables Pvt. Ltd. (Radiance), a gamer in the competitive renewable energy options for commercial, industrial and also residential customers has actually introduced an arrangement to obtain the solar rooftop assets of Azure Power Global Limited for Rs 536.5 crore covering 152.5 MW consisting of 8.1 MW of unfinished and also 18.5 MW of lately commissioned properties. Radiance is a 100% subsidiary of the Green Growth Equity Fund (" GGEF"), India's leading Climate fund, taken care of by EverSource Capital.

McDonald’s signed two purchase agreements for 380 megawatts of renewable energy total capacity. The fast-food company is going to buy power produced by Aviator Wind as well as a large-scale solar project. Both facilities are located in Texas.

Alight has signed a PPA with Axfood for the largest solar park in Sweden, unlocking non-recourse project financing. SEB will provide the debt financing to build the 64MW park, which will be operational in 2024 and feature initiatives to promote biodiversity.

Apex Clean Energy Inc. has selected Power Factors LLC, an independent software and services provider for renewable energy, to provide a technical asset management platform.

Israeli renewables designer Enlight Renewable Energy Ltd (TLV: ENLT), which is currently provided on the Tel Aviv Stock Exchange, has actually applied for an initial public offering (IPO) in the United States, looking for to likewise trade its shares on Nasdaq.

Last year, SETD, united with universities both in China and Malaysia to come up with a report providing an understanding into the potential for development of and also cooperation prospect of VPP in the two countries. Despite the fact that VPPs are still in a stage of infancy, a number of reports agree that they are the future.

Octopus Renewables Infrastructure Trust plc is proposing a merger with Aquila European Renewables plc, to create one of the largest London-listed renewable energy investment trusts, expected to have a market capitalisation of GBP 745 million. ORIT awaits AERS' response as they enter into further discussions in the New Year.

The report, entitled Global Solar Power Equipments Market specifies and briefs visitors concerning its items, applications, and specs.

Hitachi ABB Power Grids will be invited to take part in design bundle tenders by the programmer

The New South Wales government gave the go-ahead to an AU$188 million (US$128 million), grid-connected PV project in the state’s central-west on Monday, just weeks after it earmarked the region as its inaugural ‘renewable energy zone.'

MSEDCL has tendered for the procurement of 1350 MW solar power for a second time. The tender had yielded only one bid for 5 MW the first time it was issued.

On the top of the new financial step, the Swedish government has actually additionally introduced that the refund plan for roof PV, which was originally set up to be shut this year, will certainly be proceeded in 2021. It will only apply to communities as well as ventures and with a restricted budget plan of 260 million SEK ($ 29.6 million), nevertheless.

Over a gigawatt of battery storage has been proposed in a plan to make it possible for the larger rollout of renewables by Powercor, owner as well as operator of an electrical power distribution network offering greater than 800,000 customers in the Australian state of Victoria.