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Portuguese grid driver Redes Energéticas Nacionais has said it will spend more than EUR900 million (US$ 1.1 billion) by 2024 in technologies as well as renovations to the electrical power network to support the nation's environment-friendly power transition.

According to figures from Italian renewables body ANIE Rinnovabili, 18,036 storage systems coupled to clean energy power generation have been installed in the country. Most of the batteries are in Lombardy, whose administration offers rebates.

Abu Dhabi-based renewables company Masdar has a "significant aspiration" to increase its tidy energy portfolio in Southeast Asia, a firm exec has actually told PV Tech.

Octopus Renewables Infrastructure Trust (ORIT) has actually released its web possession worth (NAV) as of 30 June 2020 as it unveils French acquistions.

A brand-new policy in Italy that claws back the profits of solar PV projects will certainly weaken investor confidence and jeopardise the European Union's (EU) clean power transition, a group of profession associations, consisting of SolarPower Europe, has actually warned.

A virtually $7 million solar farm has actually been proposed for the town of Hanover.

Spain has actually revealed its 4th renewables auction round, to be held on 22 November, with 1.8 GW of solar capacity sought to accelerate the decarbonisation of the country's power system.

The transaction will certainly make RWE the fourth biggest eco-friendly operator in the United States.

Thrive Renewables secures £10 million from Triodos Bank UK to fund new onshore wind, solar and community-owned schemes, plus repower existing assets.

Portugal's renewable energy soared to 73% of electricity needs in early 2024, led by hydropower and wind. A greener future is on the horizon!

Spain will invest EUR 13.59bn in its power grid by 2030, shifting focus to industrial demand, green hydrogen and large-scale renewable integration.

Chint Solar and London-based Voltis formed a joint venture to develop roughly 5 GW of UK solar and battery storage, targeting bankable, grid-friendly projects.

Argentina's government last week launched a renewable resource auction, RenMDI, seeking 620 MW from different innovations to diversify the nation's power mix as well as change expensive forced generation, usually provided by thermal as well as hydroelectric plants.

The objective of Edison is to raise its installed renewable capacity by the end of this decade to 6 GW. It intends to ensure 40% of its energy mix to be of renewable energy by 2030.

Abu Dhabi-based renewables business Masdar has actually set up a new joint venture (JV) that will certainly concentrate on establishing renewable resource projects throughout Eastern Europe, Central Asia as well as Africa.