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RWE to spend US$ 17bn in German renewables portfolio, looking to employ 200 new staff
RWE is to invest as much as EUR15 billion (US$ 16.92 billion) into its eco-friendly portfolio in Germany by 2030 along with increasing its workforce through working with 200 new staff to work on creating solar PV as well as wind in the nation.
Dec 9, 2021 // Markets & Finance News, Germany, Europe, solar-plus-storage, mining, rwe
Dubai Setup Sights At Scoring14% Of Its Energy From Renewables By The End Of 2022
Dubai intends to create 25% of its power from renewable sources by 2030 as well as take it to 100% by 2050. The city included 700 MW of renewable energy just recently, taking its total RE capacity to 1.62 GW.
Jul 4, 2022 // Markets & Finance News, Dubai Electricity and Water Authority, Dewa, Mohammed Bin Rashid Al Maktoum Solar Park, Saeed Mohammed Al Tayer, Solar Park, Hassyan Power Complex
Portugal claims spot in solar history with record-low auction prices
Portugal’s latest solar auction has concluded with record-smashing low prices, a top government official revealed to PV Tech today.
Jul 31, 2019 // Markets & Finance News, Portugal, PV Tech, Europe
California Community Choice Aggregators sign contracts for 778MW of renewables as well as 118.75 MW of storage space
Community Choice Aggregators (CCA) Central Coast Community Energy (CCCE) and Silicon Valley Clean Energy (SVCE) have actually authorized contracts for 778MW of renewable resource generation and also 118.75 MW of energy storage in California.
Jul 27, 2021 // Markets & Finance News, solar-plus-storage, california solar, silicon valley clean energy, Beth Vaughan
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
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