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Bulgaria wants one more 2.6 GW of renewables by 2030-- and also coal
The government's energy technique targets new clean power capability this years but all existing coal power plants will additionally remain active, gas pipes could be upgraded and brand-new nuclear centers released.
Sep 16, 2020 // Markets & Finance News, Europe, Solar Project, Bulgaria
OMV Petrom Acquires Stake in 1-GW Renewables Portfolio
OMV Petrom accelerates its renewable energy ambitions, acquiring wind and solar assets in Romania, signaling a bold transition to a sustainable energy future.
Oct 10, 2024 // Plants, Large-Scale, Commercial, OMV Petrom
Australia's Northern Territory eyes 'electrical energy superhighway' to make it possible for renewables assimilation
The growth of long-distance transmission links that can support the development of renewable energy areas in Australia's Northern Territory (NT) is being explored by the city government.
Nov 10, 2020 // Plants, Markets & Finance News, Storage, Grids, Northern Territory, Australia, solar-plus-storage, Oceania, renewable energy zone, transmission line
Downing Renewables & Infrastructure Trust sheds light on seed solar portfolio in Prospectus
Downing Renewables & Infrastructure Trust (DORE) has actually released its Prospectus after describing plans to raise ₤ 200 million previously this month.
Nov 13, 2020 // Large-Scale, Commercial, Residential, Markets & Finance News, DORE, Downing Renewables & Infrastructure Trust, Prospectus, Hugh W M Little
Australia adds record 7GW of renewables in 2020 as roof PV release soars
Australia beat renewable energy implementation estimates in 2020, driven in component by a 40% year-on-year boost in rooftop solar installs, according to new numbers from the country's Clean Energy Regulator.
Mar 15, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Australia, rooftop PV, Oceania, David Parker, Clean Energy Regulator, deployment statistics
Spain's earnings clawback plan 'would harm renewables investment motivation'
A suggested law in Spain focused on clawing back revenues from emissions-free nuclear power plant would develop threats for renewables investors as well as favour fossil fuel-fired generation, according to trade teams that have advised the European Union (EU) to intervene.
Jun 28, 2022 // Markets & Finance News, Policy, Spain, Europe, European Union, windeurope, Eurelectric, REPowerEU, AELEC
Qair Expands Poland's Renewables to 500 MW Capacity
Qair shines bright in Poland, launching an 80-MW solar park set to power 20,000 homes, boosting its renewable capacity to 500 MW and aiming for 3 GW by 2030!
Oct 3, 2024 // Plants, Large-Scale, Commercial, Poland, Europe, PV Power Plant, Qair
Australia's Landmark 6.4 GW Renewables Tender Results Announced
Australia's record-breaking renewable energy tender launches 19 projects, set to power over 3 million homes and speed up the shift away from coal.
Dec 11, 2024 // Plants, Large-Scale, Commercial, Australia, Oceania
Downing Renewables & Infrastructure Trust targets 96MWp of solar in ₤ 200m fundraise
Downing Renewables & Infrastructure Trust (DORE) is intending to raise ₤ 200 million through an initial public offering (IPO) to invest in a profile of renewables consisting of solar PV.
Nov 2, 2020 // Large-Scale, Markets & Finance News, UK, Europe, DORE, Tom Williams
Members to Increase Cross-border Affiliations as Shares of Renewables Grow: IRENA
According to IRENA's World Energy Transitions Outlook, to accomplish environment objectives, worldwide electricity generation need to increase three-fold by 2050, making grid versatility incredibly important as countries race to lower discharges. Cross-border affiliation stands for one of the essential remedies to managing the variability of renewable power as well as grid security issues.
May 17, 2021 // Markets & Finance News, IRENA, Renewable Energy, Francesco La Camera, climate goals 2050, World Energy Transitions Outlook
2.2 GW of solar effective in UK's newest renewables auction
More than 2GW of solar has actually won agreements in the UK's latest renewables auction clearing at a strike cost of ₤ 53.40/ MWh (US$ 64.19/ MWh).
Jul 8, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, UK, Solar Energy, Lightsource BP, Europe, cfd, Contracts For Difference, ScottishPower
Very first loss for Mexican federal government in its battle versus renewables
Twenty-three renewable-energy drivers have actually returned to screening of their installments, simply a couple of weeks after the Mexican federal government stopped grid links for brand-new solar as well as wind power projects, pending more notification. Mexicio's National Energy Control Center (Cenace) has actually dealt with a collection of "amparo" claims given that the federal government presented the brand-new steps versus renewables.
May 22, 2020 // Markets & Finance News, Mexico, North America
KGAL obtains 50% stake in renewables developer GP Joule Projects, eyes expansion in Germany
German possession manager KGAL Investment Management has actually gotten a consolidated 50% stake in renewables developer GP Joule Projects, with both firms intent on taking advantage of the "enormous development opportunities" of renewables throughout Europe, and in particular Germany.
Jan 13, 2022 // Markets & Finance News, Germany, Europe, GP Joule, Ove Petersen, KGAL
Morocco Eyes 1.6 GW Renewables with $1.95 Billion Investment in Disputed Western Sahara Area
The renewable resource projects are being applied in the contested Western Sahara area. The RE capacity represents concerning 36 percent of the complete capacity which is currently being set up in Morocco.
Feb 9, 2023 // Markets & Finance News, NTPC, Africa, Morocco, masen, Xlinks, Africa renewable energy, Leila Benali, Western Sahara
Huaneng Renewables secured permits for just 50 MW of grid parity solar in first half
The wind power generator also has a 930 MW solar portfolio but did not take big steps in unsubsidized PV during the first six months of the year.
Aug 29, 2019 // Plants, Grids, Tariffs, China Power, Huaneng Renewables