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Indian power-sector framework trust (InvIT) India Grid Trust (BOM:540565), or IndiGrid, has actually lately inked an INR-40-billion (USD 483m/EUR 447m) bargain to buy Virescent Renewable Energy Trust (VRET), a KKR-backed local renewable energy platform with 538 MWp of solar assets.

The firm has actually made these additions via 133 new projects in 11 countries. In India, a third 200 MW wind-solar hybrid project was included in Amazon's initial two wind-solar hybrid projects.

Peru's ministry of power as well as mining on Wednesday claimed it had actually granted concessions for 3 new renewable energy projects with a potential to bring around 523.8 MW of combined capacity.

South Africa is looking for to award 20-year contracts for the construction of renewable energy projects throughout 19 areas in the nation, consisting of government irrigation facilities.

Chinese solar module manufacturer JinkoSolar Holding Co Ltd (NYSE: JKS) on Monday claimed its international operations are now powered greater than 50% by renewable resource.

Macquarie Asset Management and Norsk Hydro ASA just announced a joint venture worth USD 332 million to develop 6.9 GW of renewable projects across three countries. Check out the details on this innovative partnership and its expected impact.

GE Vernova & Alfanar form JV to develop 334MW of wind & solar projects in Spain; targeting ready-to-build status by 2025 & COD by 2027. Plans to explore battery & energy storage solutions.

London-based renewable energy financing organization National Energy Holdings Limited has partnered with Piraeus Bank SA to help Greece to expand its profile of tidy energy resources.

Neoen (EPA: NEOEN) has finished its EUR-600-million (USD 713m) resources rise, protecting proceeds to finance the first cycle of its financial investment strategy that targets 10 GW of renewable resource capability in operation or incomplete by 2025.

United States utilities group Duke Energy Corp (NYSE: DUK) will certainly seek to create 23% of its electricity from wind, solar and hydropower by 2030 as it devotes to add more renewables into the mix.

The French development agency and the environment ministry have a €1.6 million budget to finance novel off-grid projects from companies and NGOs operating with local partners in Africa.

The U.K. province’s grid operator SONI has announced a £500 million plan to prepare the network for an almost fully renewable electricity system within just five years. Despite the U.K. being seemingly paralyzed by Brexit, the network operator says it can already cope with 65% clean energy in the mix.

Shell has acquired a 20-percent stake in Indian company Orb Energy, provider of corporate loans to businesses that want to invest in solar power installations.

The City of Cape Town will certainly look for to procure as much as 300 MW of renewable resource through tendering procedures over the coming months, mayor Geordin Hill-Lewis announced today.

Spanish utility team Iberdrola SA (BME: IBE) introduced today that it has safeguarded a EUR-550-million (USD 560.9 m) green loan to finance some 1,800 MW of wind as well as solar power projects at home.