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China set for 40 GW of pumped hydro storage next year
The showpiece 3.6 GW Fengning county project which will offer grid services and back-up power at the 2022 Winter Olympics is part of a 31.15 GW construction pipeline of projects, many of which are set to come into service next year.
Sep 25, 2019 // Storage, storage, China, Asia, 2022 Winter Olympics
Lyon Group and China Huadian pen pan-Asia renewables-plus-storage deal
Australian renewables investor Lyon Group has penned an agreement with China Huadian Corporation which will see the duo co-develop and invest in power-plus-battery energy storage systems across Australia, China and other Asian markets.
Oct 15, 2019 // Markets & Finance News, Storage, China, Australia, Asia, solar-plus-storage, Oceania, BESS, lyon group, china huadian, jera, co-location, David Green
Uzbekistan announces tender for up to 900 MW of solar
The central Asian nation and the International Finance Corporation have signed a mandate to develop up to 900 MW of solar capacity through public-private partnerships.
Oct 22, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Policy, tender, Asia, Uzbekistan, Shukhrat Vafaev
Burkina Faso gold mines to get 13 MW solar-plus-storage
Renewable energy is rapidly being adopted by mining companies as the combination of off-grid power and cheaply available renewables offers a strong business case.
Oct 23, 2019 // Plants, Large-Scale, Commercial, Storage, Total Eren, PV plant, solar-plus-storage, Africa, nordgold, Burkina Faso, Nikolai Zelenski
20 MW solar-plus-storage project tender at Zimbabwe gold mine
Canadian business Caledonia Mining Corporation plc wants to build a power plant at its Blanket mine near Gwanda, in southern Zimbabwe.
Oct 29, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, tender, solar-plus-storage, Africa, Zimbabwe, Caledonia Mining Corporation
IFC Invests in BT Leasing to Boost Sustainable Energy Finance in Romania
IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania
Dec 24, 2019 // Markets & Finance News, Europe, ifc, BT Leasing, Romania, sustainable energy
Steel manufacturer Nucor indications massive PPA for 250 MW of brand-new solar power in Texas
Nucor Corporation announced that it has actually authorized a 15-year Virtual Power Purchase Agreement (VPPA) with EDF Renewables North America (EDFR) for 250 MWAC of brand-new solar power in Texas. The agreement, which will enable EDFR to add even more tidy energy to the area's power grid, is Nucor's first VPPA and the biggest of its kind for the steel sector.
Nov 16, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, PPA, Texas, North America, Nucor Corporation, Leon Topalian, Ryan Pfaff
IFC as well as EBA to fund solar photovoltaic watering
A collaboration has just been established in between the International Finance Corporation (IFC), the World Bank subsidiary in charge of economic sector financing, and also the Agricultural Bank of Egypt (ABE). The partnership intends to fund solar-powered watering systems in Egypt.
Nov 23, 2020 // Plants, Large-Scale, Asia, ifc, Africa, Egypt, ABE
Senate approves 2 bipartisan choices for FERC commissioners
The United States Senate has actually approved 2 candidates for the Federal Energy Regulatory Commission (FERC) that were chosen by President Donald Trump, bringing the company to a full enhance of five commissioners.
Dec 2, 2020 // Policy, USA, FERC, Donald Trump, North America, Gregory Wetstone, regulation, government, clean energy transition, republican, democrat, senate, us senate
FTC Solar changes Chief Executive Officer in the middle of 'difficult operational setting'
US tracker manufacturer FTC Solar will replace its Chief Executive Officer Tony Etnyre after two-and-a-half years in the function with ex-SunEdison and semiconductor company senior officer Sean Hunkler.
Sep 16, 2021 // Markets & Finance News, USA, North America, ftc solar, Tony Etnyre
CIL Arm Eastern Coalfields Mounts 250 kW Rooftop Solar Power Project
Eastern Coalfields Ltd (ECL), a subsidiary of Coal India, has actually appointed a 250-kilowatt (kW) roof solar power project, ramping up its overall installed solar roof ability to 692 kW, according to a statement. The project was appointed on Wednesday, Coal India Ltd (CIL) claimed in a statement.
Sep 20, 2021 // Plants, Rooftop PV, India, Solar Energy Corporation of India, SECI, Asia, solar power project, Coal India Ltd, CIL, Eastern Coalfields Ltd, ECL, Prem Sagar Mishra
LG Energy Solution Takes Over US-based NEC Energy Solutions
South Korean lithium-ion battery supplier LG Energy Solution (LG ES) has actually acquired US-based market gamer NEC Energy Solutions from NEC Corporation for an undisclosed sum.
Sep 22, 2021 // Markets & Finance News, Storage, Software, USA, Japan, Massachusetts, South Korea, Asia, North America, NEC Energy Solutions, LG Energy Solution, NEC Corporation
Adani Green Energy to Obtain 40 MW Operational Solar Asset in Odisha
For AGEL, the 40 MW solar asset in Odisha validates itself on the basis of the price and also PPA with SECI. The company has actually been one of the most active buyers on the market for solar assets that consist of PPA with main endeavors.
Sep 30, 2021 // Markets & Finance News, India, SECI, Asia, Adani Green Energy, AGEL, Essel Green Energy
Indian hydropower business wanting to deploy 10GW of solar over next 5 years in bargain worth US$ 6.7 bn.
Indian state-run hydropower firm SJVN is intending to deploy 10GW of solar PV in Rajasthan over the next five years via a INR50,000 crore (US$ 6.7 billion) financial investment.
Feb 11, 2022 // Markets & Finance News, India, Asia, Rajasthan, hydropower, SJVN
China to Concentrate On Gobi Desert for New Solar, Wind Power Bases
To fulfill its climate targets, China-- the world's biggest greenhouse gas emitter-- is preparing policies that will enable the "green and low-carbon change" of its energy system, which has typically been dominated by coal. Beijing aims to bring complete wind and also solar capacity to 1,200 gigawatts (GW) by the end of 2030, almost double the current level, and also will gradually phase down fossil fuel use in a bid to become carbon neutral by around 2060.
Feb 14, 2022 // Plants, Markets & Finance News, NEA, Chinese National Energy Administration, China, Asia, International, wind power, gobi desert