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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
DEWA bags $0.016953/kWh tariff for 900MW of Dubai solar park
The Dubai Electricity and Water Authority (DEWA) has confirmed that it fielded a tariff of US$1.6953 cents per kWh in a recent tender for a 900MW plot of its 5GW Mohammed bin Rashid (MbR) solar parks – a bid it claims sets a world record for the indepedent power producer (IPP) model.
Oct 16, 2019 // Plants, Large-Scale, Commercial, Tariffs, Dewa, Asia, United Arab Emirates, Saeed Mohammed Al Tayer, tenders, ACWA Power, Dubai, gulf
8minute signs PPA with area energy groups for 250MW/ 150MWh California solar-plus-storage plant
2 of California's Community Choice Aggregators (CCAs) have authorized a power acquisition contract (PPA) with 8minute Solar Energy for a 250MW solar PV plant with 150MWh of battery storage.
Jun 17, 2020 // Plants, Large-Scale, Commercial, Storage, California, USA, Power Purchase Agreements, solar-plus-storage, North America, 8minute, Kern County, Tom Habashi, community choice, request for proposals, developers
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
'Blockbuster' 2020 for United States renewables as record 16.5 GW of solar deployed
The US renewables market got over headwinds in 2020 to post record deployment figures as well as proceed a decade-long growth pattern, a joint report from BloombergNEF (BNEF) as well as the Business Council for Sustainable Energy (BCSE) has actually exposed.
Feb 18, 2021 // Plants, Large-Scale, Commercial, Market Research, USA, BNEF, North America, Ethan Zindler, BCSE, Lisa Jacobson
Vietnam slashes 2030 capacity target yet makes more room for renewables under new power strategy
Vietnam has actually cut its 2030 power capacity target by 35GW under its recently set draft Power Master Plan VIII (PMP8) but is making more room for renewables as it looks for to reduce its reliance on coal.
Apr 27, 2022 // Grids, Policy, Asia, fitch solutions, Vietnam, renewable energy targets, grid capacity, coal retirement, power master plan, renewable target
Corporate Clean Energy Buying Tops 30GW Mark in Record Year
Companies purchased a record 31.1 gigawatts of clean energy with power acquisition agreements, or PPAs, in 2021, up virtually 24% from the previous year's record of 25.1 GW according to research firm BloombergNEF (BNEF). Over 2 thirds of this buying (65%) happened in the U.S. Nevertheless, additionally underpinning the solid growth is a surge in activity from the biggest technology business, who collectively signed over fifty percent of the offers.
Feb 7, 2022 // Markets & Finance News, USA, PPA, North America, Kyle Harrison
Repsol sets up renewables unit
After turning to clean energy last year, the Spanish oil company plans to deploy 4.5 GW of renewables generation capacity by 2024.
Oct 9, 2019 // Plants, Large-Scale, Commercial, Spain, Europe, Repsol Renovables, Joao Paulo Costeira
Advancing renewables in developing countries
The Abu Dhabi Fund for Development (ADFD) finances innovative projects to expand sustainable energy access as part of a joint initiative with the International Renewable Energy Agency (IRENA). ADFD committed USD 350 million to support renewable energy uptake in developing countries through seven annual selection and funding cycles starting in 2013.
Jan 13, 2020 // Market Research, IRENA, Abu Dhabi, ADFD
Canadian port plans renewables hub
Port of Argentia to create wind and also green hydrogen projects with Pattern Energy Group
Jun 2, 2022 // Plants, Solar to Fuel, Canada, North America, green hydrogen, onshore wind, PORT OF ARGENTIA
Switzerland renews assistance for renewables
The Swiss government has decided to prolong its incentives for renewable energy jobs, while also changing them to advertise better competition. Additionally, it prepares to replace feed-in tolls for massive solar installments with a new auction device.
Apr 8, 2020 // Markets & Finance News, Europe, Switzerland