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New US study finds renewable energy storage costs need to drop 90%
Researchers in the US have published a study that brings 20 years of renewable energy (solar PV and/or wind plus storage) generation into line with historical energy-demand profiles, to ascertain at what storage cost point renewables can cost-effectively consistently meet 100% demand.
Aug 12, 2019 // Technology, Storage, Tariffs, USA, storage, solar pv, Massachusetts Institute of Technology, BESS, PHES, CAES, Jessika Trancik
$3.4 Trillion to be Spent Internationally in Renewable Energy by 2030
According to a brand-new report, an estimated $3.4 trillion will be purchased renewable energy during the next years, including $2.72 trillion in wind and also solar. By 2030, 54.1% of installed ability will be eco-friendly (consisting of hydropower), as well as 37.9% will certainly be a combination of solar and wind.
Sep 1, 2020 // Market Research, India, China, Latin america, Europe, Asia, North America
Smart Solar begins on 2.5-MW solar park in Japan
Japanese business Smart Solar Corp revealed on Monday that it has actually started the building and construction of a 2.5-MW solar photovoltaic (PV) plant in Kanagawa prefecture, Japan.
Sep 6, 2022 // Plants, Large-Scale, Commercial, Japan, Asia, Solar Park, Smart Solar
Helleniq Energy eyes acquisition of 20-MW solar park in Cyprus
Greek energy team Helleniq Energy (previous Hellenic Petroleum) is close to getting a 20-MW solar park in Cyprus in a bargain anticipated to be secured within the next few weeks, Insider Greece reports.
Apr 21, 2023 // Plants, Commercial, Markets & Finance News, Europe, Cyprus, Solar Park, Helleniq Energy
Voltalia Secures £20 Million to Build UK Solar Park
Voltalia has secured a £20 million financing package from Triodos Bank UK to fund its 34 MW Eastgate solar park in North Yorkshire, delivering renewable power under a 15-year PPA.
May 5, 2025 // Plants, Large-Scale, Commercial, Voltalia, power purchase agreement, triodos bank, Eastgate Solar, UK Renewables
Renewable energy and also environment pledges: Five years after the Paris Contract
With finalizing of the Paris Agreement, nations promised to minimize co2 (CO2) as well as other greenhouse gas emissions, as well as to adapt to the impacts of climate change. By scaling up renewable resource, countries can dramatically lower one major resource of the issue: energy-related CO2 emissions.
Dec 18, 2020 // Market Research, paris agreement
Singapore's Vena Energy locks debt for 17-MW solar project in Japan
Singapore-based independent power manufacturer (IPP) Vena Energy has gotten JPY 5.4 billion (USD 39.3 m/EUR 39.7 m) in debt to back the building and construction of a 17-MW solar park in Japan's Fukushima prefecture.
Aug 24, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Japan, Asia, Singapore, Vena Energy, Solar Project
Ørsted energizes German solar park, complementing nearby onshore wind fleet
Ørsted commissioned an 11.5-MWp solar park in south-eastern Germany near an existing wind farm, creating a hybrid cluster that smooths output and boosts grid value.
Sep 25, 2025 // Plants, Germany, hybrid, Europe, Ørsted, onshore wind, Solar Park
Southwest Georgia's Hickory Park solar + storage space project under construction
RWE Renewables introduced that its Hickory Park Solar project, a 195.5-megawatt (MWac) center combined with a 40-MW 2-hour battery storage system, situated in Mitchell County, Georgia, is unfinished. RWE is operator/manager of the solar center, selling the power and eco-friendly attributes from the center to Georgia Power with its Renewable Energy Development Initiative program. The project is expected to be on the internet in late 2021.
Nov 19, 2020 // Plants, Large-Scale, Commercial, Storage, USA, Georgia, Europe, North America, rwe renewables, Silvia Ortin, Solar Project, Paige Gilchrist
New South Wales gets 17GW of proposals for latest renewable energy zone
The Australian state of New South Wales (NSW) has actually obtained applications for 17GW of renewables generation as well as storage projects for its planned Illawarra Renewable Energy Zone (REZ).
Aug 31, 2022 // Markets & Finance News, Australia, Oceania, new south wales, green hydrogen, nsw, rez, ROI
MEAG Expands Energy Portfolio with German Battery Acquisition
Munich Re expands its renewable energy footprint with a 130-MW battery acquisition in Germany, boosting total storage capacity to 222.5 MW.
Aug 27, 2025 // Storage, Germany, Europe, MUNICH RE
Tata Power Wins Contract for 200-MW Hybrid Energy Project
Tata Power secures a game-changing 200-MW hybrid wind-solar park in Maharashtra, boosting its renewable portfolio to 10.5 GW and showcasing commitment to sustainable energy!
Sep 24, 2024 // Plants, Large-Scale, Commercial, tata power, Hybrid Energy Project
Octopus Proposes Merger with AERS to Create Largest London-Based Renewable Energy Trust
Octopus Renewables Infrastructure Trust plc is proposing a merger with Aquila European Renewables plc, to create one of the largest London-listed renewable energy investment trusts, expected to have a market capitalisation of GBP 745 million. ORIT awaits AERS' response as they enter into further discussions in the New Year.
Dec 22, 2023 // Markets & Finance News, Europe, Octopus
North Macedonia's biggest solar park begins industrial ops
The biggest solar energy plant in North Macedonia-- a 17-MW facility in the district of Sveti Nikole-- commenced business operations this week.
Oct 12, 2022 // Plants, Large-Scale, Commercial, Europe, North Macedonia, Solar Park
Solar Price War May Help Spur China's Renewable Energy Push
Longi, TCL Zhonghuan reduced wafer prices greater than 20% last week
Decrease in expenses to make 2023 a large year for solar demand: TCL
Dec 28, 2022 // Manufacturing News, Markets & Finance News, China, Asia, LONGi, wafer







