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Cheapest shortlisted proposal in Saudi 1.47 GW tender was $0.0161/ kWh.
The shortlisted designers are EDF, Total, ACWA Power, Masdar, First Solar, Marubeni, and also Al Blagha Holding.
Apr 3, 2020 // Markets & Finance News, Tariffs, Saudi Arabia, tender, Asia, NREP
Corsica hosts 5 MW/7.5 MWh solar plant with Tesla batteries
The project is in Giuncaggio, in the northeastern part of the French island, and was built with Tesla Powerpack batteries, a Nidec power management system and a new power management device from the project’s developer Corsica Sole.
Oct 4, 2019 // Plants, Storage, TESLA, France, SunPower, Europe, Corsica, Nidec, Anthony Bonello
Google’s reverse auctions net 1.2 GW of renewables in 60 minutes
Google pre-qualified bidders and used reverse auctions to obtain the lowest price for renewable energy. Reverse auctions for corporate purchases could potentially benefit solar developers, if their transparency and simplicity can influence more corporations to procure green power.
Nov 2, 2019 // Markets & Finance News, USA, auctions, North America, Google
Turkey awards pre-licences for 744 MW of renewables storage space
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.
Apr 13, 2023 // Markets & Finance News, Storage, Asia, Turkey
Iberdrola to invest up to EUR 3bn on renewables in Australia
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.
Sep 6, 2022 // Markets & Finance News, Iberdrola, Australia, Oceania
AfDB approves USD-2.5 m give for renewables programme in Mozambique
The African Development Bank (AfDB) claimed on Friday that its board had approved to extend a USD-2.5-million (EUR 2.56 m) grant to the government of Mozambique to sustain the renewables development in the nation.
Oct 14, 2022 // Markets & Finance News, Africa, AfDB, Mozambique
Cost of New Renewables Temporarily Rises as Inflation Begins to Bite
The cost of new-build onshore wind has actually risen 7% year on year, as well as fixed-axis solar has leapt 14%, according to the current evaluation by study company BloombergNEF (BNEF). The worldwide benchmark levelized cost of power, or LCOE, has actually temporarily pulled away to where it was in 2019. Cost rises are connected to rises in the cost of materials, freight, fuel as well as labor.
Aug 25, 2022 // Market Research, USA, New York, London, North America
Nonrenewable fuel source majors have to 'develop, not buy' their way right into renewables, RWE CFO states
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.
Aug 14, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Total, finance, rwe, Markus Krebber, shell, bp, decarbonisation, renewables, m&a, o&g
KKR Buys Zenith Energy to Accelerate Off-Grid Renewables Growth Plan
KKR snaps up off-grid power pioneer Zenith Energy in an A$1.7 bn deal, aiming to fast-track hybrid microgrids that decarbonise Australia’s remote mines.
Jun 17, 2025 // Markets & Finance News, Australia, Oceania, Microgrids, renewables, KKR, Zenith Energy
Nextera Energy Resources intends to create 30 GW of new renewables by 2024
United States renewable energy power plant operator Nextera Energy Resources LLC, subsidiary of power utility Nextera Energy Inc., intends to create around 23 to 30 GW of brand-new renewables in the 2021 to 2024 timeframe.
Jan 29, 2021 // Markets & Finance News, USA, North America, NextEra Energy Resources
GES to build 129 MWp of solar for Matrix Renewables in Spain
Global Energy Services (GES), a Spanish building and construction firm, introduced on Monday that it has actually been awarded a contract to build 129 MWp of solar farms in Spain's Huelva province.
Jun 21, 2022 // Plants, Large-Scale, Commercial, Spain, Europe, Matrix Renewables, GES
Amp Energy plans 1.3 GW of solar at South Australia renewables hub
Canada-based renewables firm Amp Energy will certainly develop a portfolio of large-scale PV projects and battery energy storage space systems as part of an AU$ 2 billion (US$ 1.55 billion) hub in South Australia.
May 5, 2021 // Plants, Large-Scale, Commercial, Storage, Australia, hydrogen, Oceania, AMP Energy, Dean Cooper
Battery storage rollout needs ₤ 20bn government financial investment to support renewables goals
The battery storage space rollout requires to proceed its upwards trajectory, with enhanced government investing required, according to new data from Cornwall Insight.
May 13, 2022 // Markets & Finance News, Storage, Cornwall Insight
Solar manufacturers, utilities and also programmers back anti-forced labour promise
panels have been sourced. Amongst the signatories are 8minute Solar Energy, EDF Renewables, JinkoSolar's US division, and SunPower, whose head of plan, Suzanne Leta,
Feb 4, 2021 // Manufacturing News, TESLA, Sunrun, SunPower, China, Lightsource BP, polysilicon, JinkoSolar, Asia, Zaid Ashai, John Smirnow, labour, siea
Moroccan solar-wind huge hybrid unveiled
A 10.5 GW solar-plus-wind project is under advancement in Morocco's Guelmim Oued Noun region, with 3.6 GW of this to be exported to Great Britain.
Sep 27, 2021 // Plants, Storage, United Kingdom, Europe, Great Britain, Africa, solar-plus-wind, Morocco, solar wind hybrid