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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
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
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
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
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
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
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
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
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
USA's Utility-Scale Renewables Generated A Lot More Electricity Than Coal On 169 Days
There has been fast velocity in utility-scale progress in renewables- solar, wind and also hydro. These made up market share surpassing 20 per cent on 31 days of 2022. There were only 4 such days in 2019.
Jan 19, 2023 // Markets & Finance News, USA, Solar Energy, North America, Wind Energy, clean energy transition, utility scale renewables
Ecuador names winners of 500-MW renewables tender
Bidders from France, Spain, Ecuador as well as Mexico will be granted concessions in Ecuador's tender for the building and construction as well as procedure of 500 MW of renewable energy.
Apr 10, 2023 // Markets & Finance News, Ecuador, tender, South america
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
Voltalia's revenues climb 4% Y/Y in Q1
Renewable power plants operator Voltalia SA (EPA: VLTSA) raised its revenues by 4% on the year in the very first quarter of 2023, aided by the growing activity in its services business and enhanced energy sales.
Apr 27, 2023 // Markets & Finance News, Voltalia, Sebastien Clerc