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Global renewables capacity must accelerate to meet COP28 goal of tripling renewables by 2030, says IRENA. Current growth rate falls short, highlighting the need for faster progress.

The intended solar energy plant would be the biggest of its kind in the country-- Slovenian firm HESS, a part of GEN Group, said that it plans to construct a 6 MW solar energy plant near its hydropower plant Brezice on the Sava river.

Romanian energy supplier Restart Energy claimed on Monday that it has actually authorized a contract to attach to the electricity circulation network a 50 MW solar park it plans to build, spending 40 million (45.8 million euro) in it.

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.

Korporata Elektroenergjetike Shqiptare began development of the EUR13.9 million center in December 2018. The European Bank for Reconstruction and Development is taking into consideration lending EUR9.5 million to a project which it is said would help reduce the electric company's dependence on hydro earnings.

Italy's Enel SpA (BIT: ENEL) has actually commenced building and construction of a 30.88-MW solar park in Panama's province of Chiriqui.

Helios acquires 50MW center, Duke plans floating solar park at military base

Renewables met 54% of Portugal’s electricity needs in August, with hydropower, wind, and solar driving a 71% share from January to August, REN reports.

Luxembourg-based unique fund FP Lux Investments has actually gotten a portfolio of three solar PV farms in Germany, safeguarding 27.5 MWp of power for its RE Infrastructure Opportunities fund.

India's solar photovoltaic or pv (PV) parks created 70.24 billion kWh of electricity in the initial nine months of 2022, noting a 36% rise in annual terms, statistics by Mercom India Research show.

A three-company consortium remains in discussions with Egypt's sovereign riches fund to partner on the project that would certainly comply with a construct, have, run and move system.

Portuguese utility Energias de Portugal SA (ELI: EDP) announced today it has actually received the thumbs-up to start construction of a 4-MW floating photovoltaic or pv (PV) plant in Portugal's Alqueva Reservoir.

The Multilateral Investment Guarantee Agency (MIGA) has issued 20-year guarantees of USD 24 million (EUR 23.6 m) to JCM Golomoti UK Ltd for equity and shareholder funding investments for the development, building and construction and operation of a 20-MW solar-plus-storage plant in Malawi.

Renewable resource firm Statkraft has exposed that Lister Drive Greener Grid Park in Liverpool has actually been set right into procedure and started to power up the nationwide grid.

Get ready for Brazil's renewable energy tenders in December 2024! Secure your spot for hydro, wind, solar, and thermal power projects with long-term power purchase agreements.