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Chile is an overachiever in meeting its electrical power requires from renewables Its target was to achieve 20 per cent by 2025 South American country Chile has actually emerged as a surprise success story when it comes to adding renewable capacity. The nation has virtually 22 percent of its electrical energy demand met by solar as well as wind farms.

The Abu Dhabi Fund for Development (ADFD) finances innovative projects to expand sustainable energy access as part of a joint initiative with the International Renewable Energy Agency (IRENA). ADFD committed USD 350 million to support renewable energy uptake in developing countries through seven annual selection and funding cycles starting in 2013.

AES Dominicana, part of US power generation team AES Corp (NYSE: AES), on Thursday inaugurated a 50-MW solar farm in the Dominican Republic.

Brazil's National Advancement Bank (BNDES) has authorized BRL 1.47 billion (USD 277.8 m/EUR 227.5 m) in financing to sustain the building and construction of the 700-MW Janauba solar complex owned by a regional device of Canada's Brookfield Asset Management (TSE: BAM.A).

Madrid-based platform Matrix Renewables, produced by asset supervisor TPG, has participated in a collaboration with Horus Green Energy Investment to co-develop almost 420 MW of solar plants in Sicily and also Lazio, Italy.

Peru's ministry of power as well as mining on Wednesday claimed it had actually granted concessions for 3 new renewable energy projects with a potential to bring around 523.8 MW of combined capacity.

US utilities group Duke Energy Corp (NYSE: DUK) has actually safeguarded approval from North Carolina regulatory authorities for a 5-MW project to be found on a closed land fill in Woodfin, Buncombe County.

EDF Renewables UK, part of French energy group EDF Group (EPA: EDF), is planning to build an as much as 50-MW green hydrogen manufacturing facility powered by offshore wind and also solar parks in England.

BESS in Blackpool is connected to Electricity North West's (ENWL) 33kV network

Fotowatio Renewable Ventures (FRV) has lined up finance for a major bifacial solar project it will develop in Mexico’s centre without the help of subsidies.

Solarpack has witnessed gains across several financial indicators so far this year, after progress across various construction contracts in Europe and South America.

Azelio has actually authorized an MoU with the Chilean business Industria Mecánica VOGT to evaluate power storage space projects for the mining market in Latin America.

Panasonic has actually promoted 4 solar installments companies to new degrees of the company's Residential Solar Installer program.

The utility-scale solar momentum slowly coursing through Latin America looks set to extend to one of the region’s smallest countries, with a large project now progressing through construction.

In a new white paper released today by the American Council on Renewable Energy (ACORE) and Wilson Sonsini Goodrich & Rosati, the organizations offer recommendations on how U.S. policymakers can most effectively design a federal high-penetration renewable energy standard (RES) that enhances grid reliability, creates American jobs, and increases American economic competitiveness globally.