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EU needs to go for 45% renewable energy and 870GW of set up solar by 2030, SPE says
Trade association SolarPower Europe (SPE) has called on the European Union to increase the share of renewables in final energy demand to a minimum of 45% by 2030, a relocate says would certainly put the bloc on course to supply on the 1.5 ° Paris Agreement scenario.
May 27, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Policy, Europe, European Union, energy transition, paris agreement
Hitachi ABB Power Grids Gives Battery Storage Space Tech to Thailand
Switzerland-headquartered Hitachi ABB Power Grids Ltd. lately introduced its selection by Impact Solar Limited, a subsidiary of Impact Solar Group, to offer Battery Energy Storage space System (BESS) as well as regulates technology to a "smart industrial park" project in Thailand, which belongs of the nation's largest personal microgrid at Saha Industrial Park in Sriracha.
May 18, 2021 // Storage, Thailand, Asia, BESS, Battery Energy Storage System, Hitachi ABB Power Grids Ltd, Impact Solar Limited, Vichai Kulsomphob, YepMin Teo
New South Wales receives 40GW of applications for brand-new renewable energy zone, representing a US$ 72bn investment
The Australian state of New South Wales (NSW) has received applications for nearly 40GW of renewable generation and also storage space projects for its scheduled Hunter-Central Coast Renewable Energy Zone (REZ) amid huge passion in clean energy sources in the state.
Feb 16, 2022 // Markets & Finance News, Australia, tender, Oceania, new south wales, nsw, rez, renewable energy zone
AREMI, Renewable Manufacturing Initiative for Africa Launched
The Africa Renewable Energy Manufacturing Initiative (AREMI) at Abu Dhabi Sustainability Week, UAE to step up financial investment as well as action for renewable energy development in African countries.
Jan 20, 2023 // Manufacturing News, Africa, abu dhabi sustainability week, Bloomberg Philanthropies, Africa Renewable Energy Manufacturing Initiative, African Climate Foundation, AREMI, Chinese Renewable Energy Industries Association, ClimateWorks Foundation, CREIA, Damilola Ogunbiyi, SEforALL
New Fund by TDK Ventures to Invest $150 Million in Green Energy
The $150 Million fund will certainly target early-stage investments in energy transition, electrification, and decarbonisation in the U.S.A. and also Europe.
The overall assets of TDK Ventures under management have currently soared to $350 million.
May 22, 2023 // Markets & Finance News, energy transition, decarbonisation, electrification, Amperex Technology Limited, Joe Kit Chu Lam, Nicolas Sauvage, Noboru Saito, TDK Corporation, TDK Goodness, TDK Ventures
Sunsure Secures INR 2.26 Billion for Solar Projects
Sunsure Energy secures ₹2.26 billion to fuel solar growth in Uttar Pradesh, empowering clean energy for industries and expanding its renewable portfolio. The future is bright!
Sep 4, 2024 // Plants, PV Power Plant, Sunsure Energy
The Queensland government has extended financial support for the development of 2.3 GW of large-scale renewable energy projects.
The Queensland government has announced an allocation of AUD 500 million (USD 330.4m/EUR 309.3m) to CleanCo, the state's publicly-owned clean energy corporation. The funds will be utilized for the development of new wind and solar power projects, which will contribute up to 2.3 GW of power.
Jun 12, 2023 // Markets & Finance News, queensland
Amp Energy Commissions 13.5 MW Solar Power Project in Maharashtra
The 13.5 MW project will provide solar energy to Orient Cement's production facility in Maharashtra from Amp's open gain access to facility in Gurgaon village, district Osmanabad in the state.
Orient Cement has actually signed a Power Purchase Agreement (PPA) with Amp Energy India for the purchase of solar power for 25 years.
Dec 27, 2021 // Plants, Large-Scale, Commercial, India, Asia, Pinaki Bhattacharyya, AMP Energy, Orient Cement, Soumitro Bhattacharyya
Phelan Energy Unveils New Floating Solar Panel Technology
Phelan Energy Group (PEG) introduced a brand-new floating photovoltaic panel at the SolarPlaza, Floating Solar meeting, in Amsterdam, Netherlands, the other day. This new concept layout and also performance will make its power result rate competitive, or less than land based planetary systems, claimed Chairman Paschal Phelan.
Sep 29, 2021 // Technology, Manufacturing News, Floating PV, Amsterdam, Paschal Phelan, Phelan Energy Group, PEG, SolarPlaza Floating Solar conference
China's Mega Renewable Project: 11GW & Beyond
China Energy Investment Corp. and China Longyuan Power Group Corp. are investing $416 million to build the world's second largest renewable energy project. This 11-gigawatt power plant in Gansu province will reduce emissions and provide back-up energy storage. Construction will begin soon after government approval.
Nov 20, 2023 // Plants, China, Asia
QatarEnergy to take full control of solar power company Siraj Energy
State-owned petroleum company QatarEnergy has accepted acquire the continuing to be 49% risk in Siraj Energy in a bargain that will certainly boost its total solar power capacity under direct control to 1.675 GW.
Oct 17, 2022 // Markets & Finance News, qatarenergy, Siraj Energy
Continuum Energy Raises $350 Million For C&I Renewable Market In India
With 1.3 gigawatts (GW) of operating and also near operational capacity as well as an added 1.2 GW projects for near-term building and construction, Continuum is well placed to tap into climbing need for RE.
Jul 14, 2022 // Market Research, C&I segment, Arvind Bansal, continuum energy, morgan stanley infrastructure partners, raja parthasarathy, RE financing, wind-solar hybrid offerings
Iberdrola Considers $1.8B Sale of US Renewable Assets
Iberdrola SA eyes $1.8 billion sale of US renewable assets with Bank of America's help, part of strategic shift in the wake of recent developments.
May 24, 2024 // Markets & Finance News, USA, North America, Iberdrola SA
Silcotube's Solar Power Plant: Green Energy in Romania
Silcotube's new solar power plant in Calarasi, Romania is set to reduce emissions and generate over 30,700 MWh of renewable electricity annually. A sustainable step forward for the seamless pipe manufacturer.
Feb 19, 2024 // Plants, Europe, Romania, PV Power Plant, Silcotube
Pattern Energy Shuts Financing of Largest Wind & Solar Power Fund in Japan
Pattern Energy Group LP (Pattern Energy) has actually revealed that it has actually shut the financing of a USD 515 million fund, Green Power Renewable No. 1 Investment LP (the fund), the largest fund in Japan focused on wind as well as solar power investments.
Jan 20, 2021 // Markets & Finance News, Japan, Asia, pattern energy, Mike Garland, Futtsu Solar, Kanagi Solar, Ohorayama Wind, Otsuki Wind, Tsugaru Wind