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Spain overhauls renewable energy auction mechanism as nation eyes 60GW of brand-new capability
Spain has actually approved a new framework for executing clean power public auctions with the initial set to proceed by the end of the year, as the country seeks to set up around 60GW of renewables by 2030.
Nov 4, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Spain, UNEF, tender, Europe, decarbonisation, renewable auction, José Donoso
AMEA Power to construct 2 solar energy plants in Morocco
Both solar projects will certainly become part of the very first phase of Noor PV II Programme.
AMEA Power will certainly create 2 solar plants each having a capacity of 36 MW.
Apr 21, 2022 // Plants, Large-Scale, Commercial, amea power, Wind Energy, solar power plants, Moroccan Agency for Sustainable Energy, Noor PV II Programme
Mitsui invests US$ 632m in Mainstream Renewable Power as it eyes IPP synergies
Japanese investment company Mitsui has spent EUR575 million (US$ 631.6 million) in renewables designer Mainstream Renewable Power, bringing its valuation to EUR2.1 billion after the transaction.
Mar 24, 2022 // Markets & Finance News, Battery Storage, funding, green hydrogen, mainstream renewable power, mitsui, aker horizons, green ammonia, equity finance
Renewable Capacity Statistics 2022
The International Renewable Energy Agency (IRENA) generates comprehensive statistics on a variety of topics associated with renewable energy. This publication presents renewable power generation capacity statistics for the past decade (2012-2021) in trilingual tables.
Apr 15, 2022 // Market Research
Radiance Renewables Obtains 152 MW Solar Roof Properties of Azure Power
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.
Apr 5, 2021 // Rooftop PV, Azure Power, Ranjit Gupta, Dhanpal Jhaveri, ebersource capital, manikkan sangameswaran, Radiance Renewables, rooftop solar portfolio, solar buyout, Solar Deal
Greenskies Renewable Energy is acquired and renamed by JLC
JLC Infrastructure has announced a successful acquisition of Greenskies Renewable Energy – a utility and commercial PV system developer.
Jan 14, 2020 // Markets & Finance News, UK, Europe, JLC, Greenskies Renewable Energy
China, Malaysia Explore Development of Virtual Power Plants
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.
Jan 3, 2023 // Markets & Finance News, TESLA, Pacific Gas and Electric Company, VPP, Shanghai Energy Technology Development, State Power Investment Corporation Limited, State Power Rixin Tech
SJVN Grabs 90 MW Floating Solar in Madhya Pradesh
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.
Aug 11, 2023 // Plants, Floating PV, India, Asia, PV Power Plant, SGEL
Solar Energy Equipments Market will certainly touch a new degree in upcoming year with Top Key Players like XL Energy, Centrosolar Inc., ENN Solar, and Mitsubishi Solar Inc
The report, entitled Global Solar Power Equipments Market specifies and briefs visitors concerning its items, applications, and specs.
Dec 29, 2020 // Market Research, India, Asia-Pacific, Latin america, Europe, Asia, North America, Global Solar Power Equipments Market, XL Energy, Centrosolar Inc, ENN Solar, Mitsubishi Solar
McDonald’s is purchasing 380 megawatts of renewable power from Texas-based projects
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.
Nov 9, 2019 // Markets & Finance News, USA, North America, McDonald
Apex Clean Energy Taps Power Factors For Asset Management
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.
Aug 9, 2019 // Plants, Large-Scale, Commercial, Software, USA, Apex Clean Energy Inc., Power Factors LLC, Neil James, North America
MSEDCL Retenders for Procurement of 1350 MW Solar Power
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.
Jan 3, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, India, tender, Asia, maharashtra, MSEDCL
BP introduces deal to buy into 26-GW Asian Renewable Energy Hub
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.
Jun 15, 2022 // Markets & Finance News, Western Australia, bp, asian renewable energy hub, AREH
Renewable resource to change coal in WA's largest power grid as solar hollows market, report anticipates
More than half of WA's coal-fired power could be replaced by 2024
Renewable resource is tipped to comprise practically 80 percent of the main grid
However, there are worries the grid can end up being unsteady within 2 years
Oct 12, 2020 // Market Research, Australia, Oceania, PV Power Plant, Matthew Bowen
Blue Moon Solar Wins Financing, Ignites Kentucky's Renewable Energy Momentum
Recurrent Energy secures USD 260 million to build the 94-MW Blue Moon Solar farm in Harrison County, Kentucky, targeting a 2026 start under a Constellation power deal.
Jul 17, 2025 // Plants, Large-Scale, Commercial, USA, Canadian Solar, North America, constellation, Kentucky, recurrent energy