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The European Investment Fund (EIF) has actually shut a commitment to spend EUR50 million (US$ 56.4 million) in the fifth renewables fund established by investment firm Everwood Capital that will develop, construct and also run a portfolio of new renewable projects, mainly solar PV.

Germany-based green power programmer Q Energy Solutions SE claimed on Thursday it had actually begun constructing 2 solar ranches with a mixed generation capacity of 105 MW in southern Spain.

Singaporean independent power manufacturer (IPP) athein announced on Thursday it is currently creating over 500 MWp of utility-scale and also industrial and industrial (C&I) solar power projects throughout the Philippines with the goal of having 2 GWp in operation by 2030.

Southern Power boosts its Millers Branch Solar project to 512 MW, securing major contracts with tech giants for sustainable energy by 2026. A bright future for renewable power!

Northvolt has secured a $400M investment from IMCO to expand their battery production capacity, with a focus on clean energy manufacturing, regional sourcing, and closed-loop circularity through recycling. This investment supports meaningful capital deployment for the energy transition and managing ESG risks.

Egypt and China have signed an MoU to develop a massive 10GW solar project, promising 29,784GWh of clean energy and a transformative USD1bn savings in natural gas expenses. This will support Egypt's Green Corridor Initiative, helping it reach 42% renewables by 2030.

The African Development Bank has actually consented to spend $200 million to boost electrical energy gain access to in Nigeria by developing minigrids throughout the nation.

Europe's solar technology experts may need up to EUR7 billion (US$ 8.51 billion) in capital investment in order to scale up domestic production to be around the world affordable, however continued assistance will be important to maintain the sector in the long-term.

Boosting clean energy: New IRS credit sparks industry praise, but mining sector seeks stronger incentives. Public feedback open for 60 days.

ReNew Power introduced yesterday (April 21) that it has appointed a 105 MW solar generation facility in Gujarat, with the project having a 25-year power purchase arrangement with Gujarat Urja Vikas Nigam Ltd (GUVNL) at a toll of Rs 2.68/ kWh.

AstraZeneca will source green power and RECs from Engie Resources to decarbonize Texas manufacturing operations and stabilize long-term energy costs.

An MoU for the development of avant-garde PV photovoltaic or pv power plant was checked in the presence of Ashok Gehlot, Chief Minister of Rajasthan. The solar park will be divided among 3 300 MW projects as well as one 900 MW project.

SolarBank and CIM Group secure $100M for 97 MW solar projects, boosting U.S. renewable energy with innovative financing and strategic joint venture.

Electricity distributor HERON and also Meton Energy have signed power purchase agreements (PPAs) for three solar energy projects in Greece

Lithium carbonate costs in China skyrocket to videotape high: BNEF Chinese firms look to purchase even more lithium properties, Scotiabank claims