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China submits 'frustrating' NDC to the UN that devotes to 1.2 TW of renewables by 2030
China has today sent its highly expected as well as long waited for nationally determined contribution (NDC) to the United Nations that has dedicated to a renewable resource capacity of 1.2 TW by 2030.
Nov 1, 2021 // Markets & Finance News, China, Asia, cop26, United Nations, climate targets, ndc
NSW offers low-income solar homes as City of Sydney inks renewables deal
Renewable energy in NSW will get twin boosts with the Berejiklian government unveiling its solar panel plan for low-income housing and the City of Sydney signing up to 100 per cent clean power by next year.
Oct 21, 2019 // Plants, Residential, Rooftop PV, Sydney, rooftop PV, Matt Kean, Clover Moore, Matthew van der Linden
Indiana Michigan Power suggests 2GW+ of renewables under most current IRP, consists of 60MW of battery storage space
Indiana Michigan Power (I&M) has submitted an Integrated Resource Plan (IRP) which includes the enhancement of greater than 2GW of solar and also wind by 2028 to the Indiana Utility Regulatory Commission (IURC).
Feb 3, 2022 // Storage, USA, North America, AES, Indiana, irp, indiana michigan power
Georgia Power's IRP for 2,300 MW of renewables, 500MW of battery storage accepted by state authorities
The United States state of Georgia's Public Service Commission (PSC) has accepted state utility Georgia Power's 2022 Integrated Resource Plan (IRP) that draws up exactly how the firm will deploy even more renewables as well as energy storage space innovation over the following 3 years as well as strengthen the state's network of transmission lines and grid infrastructure.
Jul 25, 2022 // Storage, USA, Georgia, Georgia Power, pv power plants, Europe, BESS, North America, battery energy storage systems bess, renewables, georgia public service commission
Renewables industry shows 'strength' in 2020 with strong solar installs across Asia-- IRENA
The International Renewable Energy Agency's (IRENA) director-general has hailed the beginning of a "decade of renewables", adhering to a 2020 that saw China and also the United States drive global solar setups.
Apr 6, 2021 // Markets & Finance News, China, Asia, IRENA, Francesco La Camera, solar installations
Repsol Acquires RE Financial Investment Platform Asterion Energies to Add 7.7 GW Of Renewables Portfolio
The purchase is for EUR 560 million plus approximately EUR 20 million in contingent payments. Repsol thinks that the transaction will certainly aid it to become a global player in renewable energy and reinforces its placement in key markets within Europe.
Dec 20, 2022 // Markets & Finance News, Europe, repsol, Renewable Energy, green energy, Josu Jon Imaz, Asterion Energies, Asterion Industrial, Jesus Olmos
Most affordable Bid of $0.01332/ kWh Reported in Chile's Renewables Public auction
The National Energy Commission of Chile (CNE) held a 2.31 TWh/year renewable resource auction recently, in which the lowest bid was submitted for $0.01332/ kWh for a solar PV project.
Sep 2, 2021 // Markets & Finance News, Chile, South america, auction, paris agreement, National Electric System, National Energy Commission of Chile, CNE
Sunlight Financial protects 2B in solar funding through increased collaboration with Tech CU
Sunlight Financial has actually revealed that Tech CU, a Silicon Valley-based lending institution, has dedicated to money an additional virtually $2.5 billion in property solar and storage space systems sold and also installed by Sunlight partners over the following three years, broadening upon a long-lasting collaboration in between Sunlight and Tech CU that started in 2015.
Mar 22, 2021 // Residential, Markets & Finance News, Storage, USA, New York, North America, Tech CU, Matt Potere, Sunlight Financial, Todd Harris
Vikram Solar Finishes 85 MW Solar Plant for NTPC in Uttar Pradesh
Haryana-headquartered solar power options service provider Vikram Solar revealed today the completion of an 85 MW solar plant project appointed for National Thermal Power Corporation Limited (NTPC) at Bilhaur, Kanpur, Uttar Pradesh.
May 12, 2021 // Plants, Large-Scale, Commercial, India, NTPC, Asia, Vikram Solar, Saibaba Vutukuri, National Thermal Power Corporation Limited
A firm wishes to develop a massive solar project in Montana-- obviously it's for crypto
A company aiming to construct an enormous solar project in Butte, Montana asserts it would provide 300MW of renewable power and cost $250 million, Gizmodo reported.
May 28, 2021 // Plants, Large-Scale, USA, North America, PV Power Plant, Madison, cryptocurrency mining
Eurowind Energy enters United States market
Danish firm has three hybrid projects in California totalling 800MW under advancement
Aug 25, 2021 // Plants, Markets & Finance News, USA, North America, onshore wind, EUROWIND, Jens Rasmussen, Bo Schøler
Lightsource bp closes on US$ 533m funding package to fund building of 2 US solar PV projects amounting to 480MW
Lightsource bp has actually closed on a US$ 533 million funding package for the development of 480MW of solar PV across the US as the business continues to expand its operations in the nation.
Jan 14, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, EPC, Lightsource BP, North America, Arkansas, Louisiana, ebay, mcdonalds
Biggest solar-storage plant in the United States will certainly be handled by brand-new subsidiary of ESG financier Quinbrook
The Gemini Solar + Battery Storage Project, authorized for building by the United States Department of Interior previously this month, will certainly be handled by a newly-launched subsidiary of capitalist Quinbrook Infrastructure Partners.
May 19, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, USA, PPA, Nevada, solar-plus-storage, investment, North America, esg, asset management, Quinbrook, David Scaysbrook, Ty Daul
Navisun Secures $235 Million to Fuel Solar Projects' Growth
The very first facility is a $105 million, 5-year revolving construction credit facility. The 2nd facility is an as much as $130 million 5-year term loan facility, that includes a letter of credit facility and also a delayed-draw term loan.
Mar 14, 2023 // Markets & Finance News, UTILITY-SCALE SOLAR, Solar Energy, Solar Power, storage projects, solar projects, Navisun, MUFG, Doug Johnsen, Export Development Canada, USA Solar Energy, Wilmington Trust
Netherlands to attend to grid restraints for renewables with 1 GW of mobile medium-voltage substations
Dutch transmission system driver Enexis is releasing 11 "e-house" substations in the north Netherlands, where grid capability for even more large solar as well as renewable resource projects is presently restricted. On the whole, the business stated it will certainly spend EUR43 million in the strategy "to quicken the power change."
Feb 7, 2020 // Plants, Large-Scale, Grids, Europe, Netherlands, Tennet, Enexis, Han Slootweg