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Iberdrola SA (BME: IBE) has actually pledged to spend up to EUR 3 billion (USD 2.99 bn) to expand its renewable energy capacity in Australia, the business announced on Monday.

Turkey has awarded 12 pre-licences for the installation of renewables-based energy storage space projects with an overall capacity of 744 MW, Mustafa Yilmaz, the head of the nation's Energy Market Regulatory Authority (EMRA), informed Anadolu Agency on Saturday.

Many Arab countries, despite currently low to negligible renewable energy use, have set ambitious targets to increase their shares of renewables. Yet power-system planning is frequently constrained by cost implications and the lack of first-hand experience with renewables. Solar and wind power, particularly, present challenges for existing power systems due to resource variability.

United States renewable energy power plant operator Nextera Energy Resources LLC, subsidiary of power utility Nextera Energy Inc., intends to create around 23 to 30 GW of brand-new renewables in the 2021 to 2024 timeframe.

Canadian energy transport as well as circulation group Enbridge Inc (TSE: ENB; NYSE: ENB) has actually secured a USD-270-million (EUR 275.7 m) bargain to get US renewables developer Tri Global Energy (TGE) which has a development portfolio of over 7 GW of wind as well as solar.

The government of Ecuador on Monday announced it will certainly conduct 3 public choice procedures for new power projects, amongst them a tender to award giving ins for the construction and procedure of 500 MW of renewables.

EDP Renewables (EDPR) has actually acquired an 85% stake in C2 Omega, the dispersed solar platform of renewables capitalist C2 Energy Capital.

Duke Energy has stated it will certainly proceed progressing its ambitious tidy power objectives without the Atlantic Coast Pipeline (ACP) by buying renewables

Nidec ASI, the Italy-based industrial options division of Japanese conglomerate Nidec Group, will give EPC solutions for a 50MW battery energy storage space system (BESS) project in North Ireland.

The Moroccan subsidiary of Abu Dhabi National Energy Company (TAQA) is preparing to invest USD 1.6 billion (EUR 1.5 bn) in renewable resource projects in the North African nation by the end of this decade, its chairman Abdul Majeed Eraqi stated on Tuesday as cited by regional media.

Berde Renewables inked supply deals with KCC Malls and Biotech Farms, highlighting the Philippines’ growing appetite for corporate solar power.

Chilean developer AES Gener is to sustain prepare for a substantial renewables build-out with a brand-new resources raising, apparently the biggest it has actually seen in its background.

Oil and gas majors moving aggressively into renewables have to construct and also not buy their way in, or their contribution to worldwide carbon reduction efforts will certainly be considerably minimal, RWE's CFO Markus Krebber has actually said.

Renewables designer Lisarb Energy, headquartered in the UK yet even more commonly associated with Brazil, introduced on Thursday that it has actually opened an office in Portugal to develop 1 GW of projects in Europe by 2023.

Utilities that are transitioning far from coal are beginning to see the development of a gas "bridge" to renewable resource as an unneeded step.