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Greek power utility PPC SA's renewables arm secures debt financing for a 550 MW solar project in Western Macedonia. The Phoibe project aims to generate 1 TWh of electricity annually, powering 200,000 homes.

Greenbacker Renewable Energy introduced that through an entirely owned subsidiary, it bought an 80-MWAC pre-operational solar project from Broad Reach Power.

Portuguese business Green Venture, via its subsidiary Simplewatt Unip Lda, has accepted market the output of its 40-MWp Valpacos solar park in northern Portugal to Statkraft AS under a power purchase agreement (PPA).

VRB Energy has accepted build a 100MW solar photovoltaic or pv plant with a 100MW/500MWh integrated vanadium flow battery in Xiangyang, Hubei District, China.

Clean energy fund manager Glennmont Partners from Nuveen has actually released BNZ, a new independent power producer company (IPP), to create, build and run solar photovoltaic (PV) projects in Southern Europe. BNZ intends to get to an installed ability of 1GW throughout Italy, Portugal and also Spain by 2024, of which a first 350MW are in innovative growth stage by Glennmont.

Tata Power Solar has actually commissioned a 160MW solar project in the north-western Indian state of Rajasthan as it continues its PV roll-out across the nation.

Recharge Power and Energy Decarb launch a JV to build solar-plus-storage across Australia, pairing Taiwanese battery know-how with local development as demand surges in the country’s clean-energy transition.

Swiss company Hitachi ABB Power Grids was lately picked by the MCA Group to provide electric devices for a 950 MWp mega solar project under advancement in Angola. Hitachi ABB Power Grids' devices will be used to connect future solar energy plants to Angola's national grid.

In a bid to reduce its carbon footprint the oil giant is ramping up its renewable energy production at a refinery in the Philippines. The news was announced by the company in a week which saw it named seventh worst corporate contributor to the climate crisis since awareness of emissions-related damage first emerged.

Torrent Power has been granted a long-term PPA for 300 MW capability of solar energy generation, project to find up in Gujarat.

UK coal as well as gold mining projects developer Oracle Power PLC (LON: ORCP) and also Power Construction Corporation of China (SHA:601669), likewise called PowerChina, have actually agreed to partner in the potential joint development of a 1-GW solar project in the desert of southeastern Pakistan.

Gres Panaria’s partnership with Iberdrola secures 92 GWh of green power, driving sustainability and cost stability in Portugal’s ceramic sector. A step towards a greener future!

Brazilian energy business Neoenergia SA's (BVMF: NEOE3) wind and solar power generation in the initial 9 months of 2022 has raised by 84% year-on-year to 2,861 GWh.

Spanish power utility Endesa SA (BME: ELE), via its renewables unit Enel Green Power Espana, has put a 3.34-MW photovoltaic or pv (PV) park right into procedure in Mallorca.

In 2015 was one of the most lucky year for the European Union in the solar power market. In 2019, the EU included 16.7 GW solar power installments to its profile, boosting the number by 104% considering that 2018. The sharp increase noted the greatest development in solar power generation given that 2010. Up until now, 5 participant nations have actually added one of the most, consisting of Spain (4.7 GW), Germany (4 GW), the Netherlands (2.5 GW), France (1.1 GW), and also Poland (784 MW).