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The Red Eléctrica de España (REE), a partially state-owned and public restricted corporation which runs the nationwide power grid in Spain, recently reported that renewable energy reached a vital turning point last month when, for the very first time, more than half of the energy generated in the country was of eco-friendly origin.

Ecofin US Renewables Infrastructure Trust PLC (LON: RNEW) said on Monday it had actually recently closed the procurement of a 13.7-MW solar project located in the US state of Minnesota, the initial in a portfolio of 12 solar PV projects that the UK-based investor is targeting to acquire.

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.

Pan-European, non-utility power manufacturer Ventient Energy revealed today the completion of its procurement of a 443-MW renewables portfolio in the Spanish area of Castilla y Leon.

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.

Switzerland-based power manufacturer Advanced Power has gotten USD 60 million (EUR 60.8 m) in the red funding to speed up the growth of its 8-GW pipeline of renewable resource projects in the US.

UK's PM SunakRishi Sunak, Britain's Prime Minister, will certainly pledge to hasten the UK's switch to renewable resource when he speaks before the U.N. climate change summit at COP27. On November 2, 2022, Sunak determined at the last minute to participate in the climate talks, reversing a decision to forego the annual event that had actually been roundly criticised by environmentalists as well as political opponents.

The European Investment Bank (EIB) on Monday announced commitments of USD 100 million (EUR 97m) to Alcazar Energy Partners II, a fund that will invest in renewable resource projects in the Middle East, North Africa, Eastern Europe and also Central Asia.

NTPC Green Energy Ltd (NGEL), the green energy organization of Indian state-run power manufacturer NTPC Ltd (BOM:532555), will establish renewables energy projects for Hindustan Petroleum Corporation Ltd (HPCL) under a memorandum of understanding (MoU) revealed on Wednesday by India's Ministry of Power.

New South Wales has actually shortlisted 16 projects envisaging the release of more than 4.3 GW of power generation and storage space capacity to continue in the preliminary of tenders intended to promote the production of a large renewable energy zone.

Brazil's competitors regulatory authority CADE has okayed to the joint venture (JV) deal between French TotalEnergies SE (EPA: TTE) and regional renewable energy developer Casa dos Ventos concentrating on structure as well as operating 12 GW of wind and solar parks in the South American country.

Nordic renewables developer Landinfra Energy AB has authorized a take care of Taaleri Energia to jointly work on a Swedish pipe of approximately 1,900 MW, including hybrid projects that combine solar, wind, and also energy storage.

Dublin-based renewables developer Mainstream Renewable Power as well as private equity company Actis have finished the sale of their Lekela platform, Africa's largest pure-play renewables independent power producer (IPP), to Infinity Power.

Canada's Brookfield Renewable Partners LP (TSX: BEP.UN) will certainly take complete control of Madrid-based renewables developer X-Elio in a bid to further expand its global footprint.

United States technology titan Apple Inc (NASDAQ: AAPL) on Wednesday stated that its supply chain currently supports 13.7 GW of functional renewable resource capacity all over the world.