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UK financier sustains 10.5 GW wind-solar project in Morocco with submarine cable
UK-based Xlinks plans to build 10.5 GW of wind and also solar in Morocco as well as sell the power in the UK. London-based investment firm Octopus Energy said it signed up with pressures with the project developer, Xlinks, to aid it progress with building.
May 20, 2022 // Plants, Large-Scale, Commercial, UK, Europe, Africa, Octopus Energy, Morocco, PV Power Plant, Dave Lewis, Simon Morrish
Biden laying foundation for green energy investments: Yellen
US President Joe Biden's push for green power tax credits will help enhance a massive increase secretive financial investment that will certainly develop jobs as well as reduced power expenses for American families, Treasury Secretary Janet Yellen claimed Tuesday.
Sep 28, 2022 // Markets & Finance News, Policy, USA, North America, Joe Biden, Janet Yellen
Schleswig-Holstein Launches €6M Boost for Energy Storage Investments
Schleswig-Holstein invests €6 million to supercharge energy storage projects, boosting renewable energy efficiency with grants up to 50% for small enterprises. Empowering a sustainable future!
Sep 5, 2024 // Markets & Finance News, Storage, Schleswig-Holstein
Chile's Renewable Investments Hit Record $5.7 Billion
Chile’s renewable energy investment soared 231% in 2024, fueling growth in solar and wind as challenges loom, but the future shines bright with ambitious green projects ahead.
Jan 13, 2025 // Markets & Finance News, Market Research, Chile, South america
Sri Lanka Accelerates Roof Solar Investments, Says No to New Coal
ADB has funded a system of Ari Lanka to supply 4% rate of interest fundings to citizens for installing roof solar. Island can cut 4% of greenhouse gas discharges by eliminating new coal power by 2030.
Aug 18, 2021 // Markets & Finance News, Rooftop PV, Asia, Sri Lanka, Renewable Electricity, Coal power, Renewable Energy Goals
Iberdrola's 2024 Profit Soars 17% Amid Record Investments
Iberdrola's 2024 net profit surges 16.8% to EUR 5.612 billion, fueled by record EUR 17 billion investments, underscoring its strategic growth and commitment to sustainable energy.
Feb 28, 2025 // Markets & Finance News, Iberdrola
ORIT Makes Strategic Exit from Spanish Solar Purchase
Octopus Renewables Infrastructure Trust (ORIT) demonstrates flexibility by terminating solar project option in Spain, resulting in a net gain of £3m and reflecting their disciplined approach to capital allocation.
Jan 19, 2024 // Markets & Finance News, Spain, Europe, Octopus, ORIT
Iberdrola renewables investments creating a ‘virtuous circle of growth’ as profits climb
Iberdrola’s record investment into renewables and networks is outperforming expectations, freeing the utility to invest even more creating a “virtuous circle of growth”, the company’s chairman has said.
Oct 30, 2019 // Markets & Finance News, Spain, Iberdrola, solar pv, Europe, portgual
ComEd record finds financial investments in domestic solar, energy efficiency benefit all consumers
ComEd today reported to the Illinois Commerce Compensation (ICC) that property customers are receiving cost savings and clean power benefits from the Future Power Jobs Act (FEJA) and that these benefits are higher than the prices to clients.
Feb 19, 2021 // Residential, Markets & Finance News, efficiency, ComEd, Joe Dominguez, FEJA
Lithuanian company AEI Raises EUR 92 Million For Renewable Energy Investments
AEI has actually already made investments in the development of solar energy plants in Poland and wind power projects in Lithuania.
Apr 20, 2023 // Markets & Finance News, solar power plants, wind power, AEI, Atsinaujinančios Energetikos Investicijos, Grėtė Bukauskaitė, Lords LB Asset Management
Australia Requirements Ambitious RE Target Policy to Unlock Investments: WoodMac
Australia requires an enthusiastic long-term Renewable Energy (RE) Target policy to unlock future financial investments, according to Wood Mackenzie
Feb 5, 2021 // Market Research, Australia, woodmac, Oceania, wind, RET Policy, Rishabh Shrestha
Italy’s historic ’Tuscia’ region deluged by 1.35 GW of large scale solar
first “grid parity”, utility scale solar projects – built by U.K.-based Octopus Investments in 2017. The largest of the 22 listed projects under development is
Oct 9, 2019 // Plants, Large-Scale, Commercial, Italy, Europe
Xcel Energy Proposes $3 Bn in Energy Investments in Minnesota
Minneapolis based Utility Xcel Energy has actually announced its proposal for one of the largest plans of energy financial investments in Minnesota
Jun 18, 2020 // Markets & Finance News, USA, North America, Minnesota, Xcel Energy, Ben Fowke, Chris Clark
Asia Pacific renewables might draw in US$ 1tn of financial investments this decade-- WoodMac
Solar and also wind power stand for a US$ 1 trillion financial investment possibility in Asia Pacific this years, equivalent to two-thirds of the area's total power generation industry, as countries move far from fossil fuel generation in favour of greener choices.
Sep 8, 2020 // Markets & Finance News, Wood Mackenzie, Australia, Oceania, Asia Pacific, natural gas, Alex Whitworth
Asia Pacific solar and also wind financial investments to double by 2030-- Wood Mackenzie
Yearly financial investment in solar and also wind generation in the Asia Pacific region could double to US$ 1.3 trillion by 2030 compared to the previous decade, with plan targets and also price decreases improving growth, according to study company Wood Mackenzie.
Jun 24, 2021 // Markets & Finance News, Wood Mackenzie, China, Asia, Xiaojing Sun, Rishab Shrestha, Asia Pacific