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EDF establishes sights on Vietnam's solar market via SkyX Solar investment
EDF Renewables has targeted Vietnam's solar market by purchasing rooftop PV installer SkyX Solar, a subsidiary of investment administration company VinaCapital.
Oct 15, 2021 // Markets & Finance News, Asia, rooftop solar, Vietnam, Southeast Asia, EDF Renewables, skyx solar
Broad Reach's 200MW Battery Storage Plants Currently Online in Texas
Broad Reach's very first two transmission-level projects, North Fork as well as Bat Cave, are on the internet and positioned in service with Electric Reliability Council of Texas (ERCOT). Each project is a 100-megawatt (MW)/ 100-megawatt-hour (MWh) greenfield battery storage resource situated in Central Texas.
Nov 3, 2021 // Storage, USA, Texas, North America, Houston, Electric Reliability Council of Texas, ERCOT, Broad Reach Power, Bat Cave, North Fork
SMA Solar's sales decline as minimal chip supply dents Q1 performance
Inverter supplier SMA Solar Technology remains to be influenced by substantial obstacles about the limited electronic supply of electronic components.
May 12, 2022 // Markets & Finance News, financial results, sma solar technology, Jürgen Reinert, company results, semiconductor shortage, sma solar, inverter supplier
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
Gurin Energy Taps Saft for 240-MW Fukushima Battery Landmark Project
Gurin Energy selects Saft to supply a 240-MW/4-hour BESS in Fukushima, Japan—over 1 GWh of storage to support renewables; construction starts 2026.
Jun 12, 2025 // Storage, Battery Storage, Fukushima, Saft, TotalEnergies, Gurin Energy
Kosovo planning auction scheme for solar and wind capacity
The European Bank for Reconstruction and Development is helping the Kosovan government develop a competitive scheme for the award of payments to renewable energy generators. The Balkan state wants to add 400 MW of clean energy capacity by 2026.
Sep 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, EBRD, Kosovo, Valdrin Lluka
Albanian utility set to move on with 12.9 MW floating PV project
Korporata Elektroenergjetike Shqiptare began development of the EUR13.9 million center in December 2018. The European Bank for Reconstruction and Development is taking into consideration lending EUR9.5 million to a project which it is said would help reduce the electric company's dependence on hydro earnings.
Aug 3, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, floating PV, Europe, Albania, Korporata Elektroenergjetike Shqiptare
Brazilian hydropower dam to host 30 MW of drifting solar
Belgium's Tractebel will certainly develop 3 drifting PV projects at the 52.2 MW Batalha hydropower project, which is had by Brazilian state-run power business Eletrobras Furnas.
Feb 14, 2020 // Plants, Large-Scale, Commercial, Floating PV, floating PV, South america, Brazil, Tractebel
Indian solar colossus starts Wellington project in Australia
Sterling and Wilson Solar Ltd is entering the market of Australia and starting the first Australia-based photovoltaic project – the 200-megawatt solar field in Wellington, the state of New South Wales.
Dec 9, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Australia, Oceania, Sterling and Wilson Solar Ltd
Diversified portfolio assists DORE's NAV expand despite falling UK power rates
Strong power prices in Europe helped offset falling UK power costs to enable Downing Renewables & Infrastructure Trust plc's (DORE) Net Asset Value (NAV) to expand 1.3% in the first quarter of 2021.
May 21, 2021 // Markets & Finance News, UK, Europe, DORE, Tom Williams
LS Power launches power storage and renewable resource firm Rev Renewables
US development and investment firm LS Power has today introduced the production of Rev Renewable LLC, a brand-new firm focused on the advancement, purchase and procedure of energy storage and eco-friendly projects.
Aug 11, 2021 // Storage, USA, North America, Renewable Energy, LS Power, Paul Segal, Rev Renewables, Ed Sondey
ILI offers 50MW Scottish battery
Abbey Group Cambridgeshire and YooGen1 acquired the project which is located in Fife
Mar 29, 2021 // Storage, Europe, ILI Group, Mark Wilson, Nick Sutton
Spain's renewables share falls to 53.7% in March
Renewable resource plants created 53.7% of Spain's power in March, down from 58.9% a month previously, according to the most recent quotes report launched today by Spanish grid driver Red Electrica de Espana (REE).
Apr 5, 2021 // Markets & Finance News, Spain, Europe
United States independent power manufacturers Novatus Energy and Southwest Generation merge
Independent power manufacturers Novatus Energy and Southwest Generation have actually combined to produce Onward Energy.
Jan 14, 2021 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, pv power plants, mergers and acquisitions, North America, wind, natural gas, jp morgan asset management, novatus, southwest generation, onward energy, John Foster
Germany parliament accepts windfall tax
Germany's Bundestag has actually accepted the introduction of a windfall levy on excessive earnings from renewable resource generation as part of a bundle of actions indicated to cap gas and also electrical power prices through April 2024.
Dec 19, 2022 // Markets & Finance News, Policy, Germany, Europe