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Nadara’s 10-year deal with Trafigura will deliver Spain renewable power from 434MW of wind-solar hybrids—shaping better demand matching, smoother output, lower curtailment risk, and bankable revenue.

Mahindra Renewables Private Limited (MRPL), a wholly owned subsidiary of Mahindra Group (worth $20.7 billion) cleantech arm Mahindra Susten Private Ltd (MSPL) is planning to invest around $171 million to set up a 250 mega watt (MW) solar power project in Rajasthan. The project will be backed by International Finance Corporation (IFC).

The long-awaited procurement workout consists of 250 MW of generation capacity originally planned to be tendered last year.

India will certainly replace retiring coal power centers with renewables as it seeks to fulfill enthusiastic eco-friendly energy targets and also lower its carbon footprint.

Danville Utilities, in collaboration with CS Energy, Navisun and also TurningPoint Energy, completed a 14-MWdc utility-scale solar project in Danville, Virginia. The renewable resource project is the city's largest solar advancement to date.

In anticipation of the Pacific Islands Forum (PIF) in Tuvalu this week, Australian Prime Minister Scott Morrison is set to announce A$500 million ($337.75 million) in foreign aid to partnering Pacific nations in the form of a climate change and oceans funding package for renewable energy investment and climate resilience.

Analyst WoodMac has spelled out the urgent need to decarbonize the global hydrogen production industry. While the fuel can offer a sustainable grid balancing act for intermittent renewables, in its current fossil-fuel driven form it is pumping out more than 800 tons of carbon into the atmosphere every year.

According to a new study by Finland’s LUT University, solar PV consumes between 2% and 15% of the water that coal and nuclear power plants use to produce just 1 MWh of output; for wind, this percentage ranges from 0.1% to 14%. Under the researchers’ best policy scenario, water consumption could be reduced by 75.1% by 2030, compared to 2015 levels.

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

Danish investment company Copenhagen Infrastructure Partners (CIP) has actually signed an agreement with Amp Energy to enable the enhancement of 1.7 GWp of renewables projects in India.

South African utility Eskom Holdings SOC will close down roughly 30% of its existing coal-fired power generation ability over the following years and repurpose some of the websites for solar energy production.

South Africa's latest renewables procurement window for 2.6 GW of capability has actually gotten bids from 102 possible project programmers, consisting of 63 solar projects, according to the nation's Department of Mineral Resources as well as Energy (DMRE).

Banks Renewables, part of UK building as well as energy business The Banks Group, on Tuesday said its plans for a 40-MW solar park to the east of Leeds have actually been approved by Leeds City Council's preparation board.

LevelTen Energy, a United States company that has developed a platform for renewable resource asset deals, has secured the support of Google as part of a US$ 35 million Collection C funding round.

Bruc Energy, a renewables-focused financial investment automobile chaired by Spanish business owner Juan Bejar and backed by pension funds OPTrust and also USS, validated that it has secured 100 MW of solar photovoltaic (PV) capability in Spain's most current green power tender held a week earlier.