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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.

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.

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.

The Australian operating company of Canadian programmer Amp Energy has safeguarded land for among 3 solar projects that will create its Renewable Energy Center of South Australia (REHSA) with over 1.3 GW of solar and also approximately 540 MW of storage capacity.

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.

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.

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.

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.

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.

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

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.

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.

Australia needs to drastically overhaul its power market in order to harness and benefit from the country’s skyrocketing rooftop solar and battery market, according to the Clean Energy Council (CEC).

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.'

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.