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According to a new report by BNP Paribas Asset Management, renewables offer more advantages than simply mitigating climate change. Electricity is easier to transport than oil, and wind and solar electricity prices are much more stable than volatile oil prices. An analyst from the French bank argues that major producers will need to reduce oil prices below $20 to compete with clean energy in the transport sector.

PPA with Arla covers building of 4 PV projects in Denmark slated to supply power from 2024

Raizen Power to supply 54 MWh of solar and biomass energy to Embracon units, offsetting 190 tonnes of CO2 emissions annually. A sustainable partnership for a greener future.

Swift Solar has safeguarded greater than USD 8 million in Series Seed 2 funding, with an additional USD 1.5 million anticipated to close soon.

Sovereign wealth fund of Qatar has acquired a 25.1-percent % stake in Mumbai’s unit of Adani Electricity for 450m USD. This purchase is meant to support Adani’s targeted 30-percent power generation from green sources by 2023.

The Bhutanese government has actually determined 7 sites where the solar farms will be established at a price of $300 million. Bhutan presently has a mere 9 MW of renewable energy apart from hydropower.

The New South Wales federal government has awarded advancement grant an up to 80-MWp solar project with an integrated battery storage component.

Aquila European Renewables Income Fund plc claimed today it has actually accepted buy a 50-MWp solar project in the South of Spain.

The German developer and independent power producer claims it finished its latest solar project in the country about one month ahead of schedule.

JinkoSolar, a SMSL pioneer, has provided Danish PV developer Obton with 40 megawatts of superefficient Cheetah HC 60 photovoltaic panels for its newly finished Netherlands-based venture.

GRNE Solar has completed installment and powered on its 2.1-MW solar project for Kendall County, Illinois.

US investment firm Greenbacker Capital Management is backing a pipe of solar and also energy storage projects developed by Richmond, Virginia-based Republic Energy Allies (CEP) in the house state.

US asset manager Ares Management Corporation announced on Monday that it has “made an investment” in US utility-scale solar investor Heelstone Energy.

Canadian energy transport as well as circulation group Enbridge Inc (TSE: ENB; NYSE: ENB) has actually secured a USD-270-million (EUR 275.7 m) bargain to get US renewables developer Tri Global Energy (TGE) which has a development portfolio of over 7 GW of wind as well as solar.

The solar supplier has landed its greatest engineering, purchase and construction services offer and will certainly work on solar centers in Europe as well as Latin America which will certainly come online before 2023.