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EBRD and the EU have agreed on EUR 50 million in financial guarantees aimed at scaling up investment in renewables in the EU Southern Neighbourhood

EUR 51 million will certainly be offered by Germany to Kenya for the development of new power framework and production of hydrogen. EUR 30 million will certainly be used for the training programs.

Elektroprivreda Republike Srpske (ERS), the power utility of Bosnia's Serb Republic, said it went over with Hungarian power firm Lugos Renewables the building of the 73 MW Trebinje 1 solar power plant.

The Spanish power team plans to make investments worth 14 billion euros by 2025, of which roughly two-thirds will certainly be earmarked in the direction of boosting eco-friendly generation. The second area of investment will be gas and power grids, primarily in Spain. The rest will be allocated to maintaining existing possessions and also boosting the company's industrial positioning version.

Renewable energy software firm Clir Renewables has actually increased CAD$ 27 million (US$ 22.4 million) to expand its organization operations in Europe as well as North America.

The Tunisian Ministry of Mines and Energy has confirmed that Norway’s Scatec Solar has secured 300 MW at three sites. It also revealed that France’s Engie and China’s TBEA each picked up 100 MW projects. The lowest bid came in at $0.025/kWh, while $0.034/kWh was the highest offer.

Portugal’s first-ever solar auction has triggered prices likely to break European records, the country’s media has reported one week before the results are known.

The federal government of Colombia has actually introduced plans to hold a renewable energy auction in the very first quarter of 2021 that it says could stand for an investment of greater than US$ 6 billion in the nation.

The government has introduced the provisionary outcomes of the country's first renewable resource purchase workout and says the 1 TWh auction will end up designating greater than 2.2 TWh of generation capacity for a typical last electrical rate of EUR0.07408/ kWh.

Rystad Energy expects installations of utility-scale renewables this year to reach an all-time high of 220 GW, up by 38 GW from 2021, with solar photovoltaic or pv (PV) as well as wind ranches accounting for 85% of the 2022 total amount.

A Western Australian renewable hydrogen center that will be powered by 5GW of solar PV and onshore wind has actually safeguarded the support of Danish investment company Copenhagen Infrastructure Partners (CIP).

Renewables can get to a share of 65% in global primary energy by 2050 under the greenest scenario in BP plc's (LON: BP) Energy Outlook 2022.

Farm map Essex 500     2023 Proposed EDF Renewables Heckington Fen Solar

A tie-up of Pele Green Energy and EDF Renewables South Africa will certainly construct a 100-MW solar park for South African mining titan Anglo American Platinum (JSE: AMS), the latter claimed on Wednesday.

Total amount has actually come to be the current oil as well as gas (O&G) significant to establish its sights on coming to be internet no by 2050, reconfirming its prepare for a significant eco-friendly power press in spite of the current monetary hit from the oil market situation.