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India to tender 50 GW of renewables per year in next 5 years
The Indian government strategies to issue tenders for 50 GW of renewable energy capacity per year in the complying with 5 fiscal years, from 2023/24, which starts on April 1, till 2027/28.
Apr 4, 2023 // Markets & Finance News, India, Asia
Italy has 80 MW/168 MWh of storage linked to renewables
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.
Oct 2, 2019 // Storage, storage, Italy, Europe, ANIE Rinnovabili
Portuguese grid operator targets EUR900m financial investment to allow renewables transition
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.
May 17, 2021 // Markets & Finance News, Grids, Portugal, Europe, grid connection, REN, Rodrigo Costa
AES Andes acquires 146-MWp solar park in Chile from EDF EN, Marubeni
AES Andes has acquired the 146-MWp Bolero solar park from a 50/50 partnership between EDF EN Chile Holding SpA and also Marubeni Corp (TYO:8002).
Jun 8, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Chile, South america, Solar Park, AES Andes
Octopus Renewables Infrastructure Trust introduces NAV of ₤ 341.5 m as it moves right into France
Octopus Renewables Infrastructure Trust (ORIT) has actually released its web possession worth (NAV) as of 30 June 2020 as it unveils French acquistions.
Aug 4, 2020 // Large-Scale, Markets & Finance News, UK, Europe, Octopus Renewables, Chris Gaydon, ORIT
Winners and prices of Tunisia’s 500 MW PV tender
The Tunisian Ministry of Mines and Energy has confirmed that Norway’s Scatec Solar has secured 300 MW at three sites. It also revealed that France’s Engie and China’s TBEA each picked up 100 MW projects. The lowest bid came in at $0.025/kWh, while $0.034/kWh was the highest offer.
Dec 20, 2019 // Markets & Finance News, Scatec Solar, Canadian Solar, Engie, tender, Tunisia, Africa, large-scale solar, TBEA
‘Record’ prices reported as Portugal’s PV auction nears conclusion
Portugal’s first-ever solar auction has triggered prices likely to break European records, the country’s media has reported one week before the results are known.
Jul 29, 2019 // Markets & Finance News, Portugal, Expresso, EDP, Galp, EDF, Iberdrola, Voltalia, Finerge, Europe
Spain launches new renewables auction with 1.8 GW of solar capacity sought
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.
Aug 3, 2022 // Markets & Finance News, Spain, Europe, auction, miteco, auctions and tenders, renewables auction, gas crisis
Italy's solar profit clawback to have 'significant influence' on renewables financial investment, profession bodies warn
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.
Feb 3, 2022 // Markets & Finance News, Policy, Italy, Europe, subsidies, SolarPower Europe, European Union, feed-in tariff, italia solare, windeurope, Eurelectric
RWE to acquire Con Edison renewables unit for $6.8 bn.
The transaction will certainly make RWE the fourth biggest eco-friendly operator in the United States.
Oct 3, 2022 // Markets & Finance News, USA, North America, rwe, Markus Krebber, Con Edison
Triodos Bank backs Thrive Renewables with £10m for UK projects
Thrive Renewables secures £10 million from Triodos Bank UK to fund new onshore wind, solar and community-owned schemes, plus repower existing assets.
Jul 21, 2025 // Plants, Large-Scale, Commercial, Markets & Finance News, UK, Europe, triodos, Thrive Renewables
Portugal's Renewables Surge to 73% Power Supply
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!
Oct 2, 2024 // Markets & Finance News, Portugal, Europe
Argentina calls tenders for 620 MW of blended renewables, storage space
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.
Feb 7, 2023 // Markets & Finance News, Argentina, South america
Spain sets demand-led grid plan prioritizing hydrogen, renewables by 2030
Spain will invest EUR 13.59bn in its power grid by 2030, shifting focus to industrial demand, green hydrogen and large-scale renewable integration.
Sep 15, 2025 // Markets & Finance News, Grids, Solar to Fuel, Spain, Europe, hydrogen
Chint and Voltis launch 5-GW UK renewables and storage venture
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.
Oct 3, 2025 // Plants, UK, Europe, Chint Solar, Voltis