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Philippines-based AC Energy will work with UPC Solar Asia Pacific – the solar energy unit of Hong Kong-headquartered UPC Renewables – to build more than 1 GW of solar in the coming years, with an initial focus on Asian markets such as India, South Korea and Taiwan.

Australian AGL Energy Limited has actually picked Wärtsilä, Finland, as one of both providers for their as much as 1,000 MW grid-scale energy storage plans.

Australian energy infrastructure financier Spark Infrastructure is to be gotten by a consortium led by US exclusive equity group KKR in an offer worth US$ 3.72 billion, according to a declaring with Australia's Securities Exchange.

ACEN Corporation (PSE: ACEN), the power platform of Philippine conglomerate Ayala Group, has been granted authorization to boost the size of its New England battery in New South Wales to 1.4 GW/2.8 GWh.

European Energy has signed a 10-year Power Purchase Agreement (PPA) with Faerch Group to supply renewable energy from the 40MW Bubney Solar Farm. This partnership will reduce carbon emissions and improve sustainability for Faerch Group while providing a milestone for European Energy's UK energy operations.

Yadlamalka Energy has commissioned Australia's first 2-MW/8-MWh vanadium flow battery (VFB) as part of the AUD-22-million Spencer Energy project. With funding from ARENA, the battery will charge from solar energy and off-peak grid imports. A milestone for Australia's energy storage market, Spencer Energy is revolutionising renewable energy technology.

Belgian designer DEME is preparing approximately 500 MW of hydrogen manufacturing capability at the port of Dumq, which is abundant in solar as well as wind power sources. The designer prepares to deliver hydrogen from the port to Europe.

The European Investment Bank (EIB) and Dutch development bank FMO have agreed to finance the construction and operation of a duo of Kenyan solar plants that have a combined capacity of 80MW.

Renewables developer Mainstream Renewable Power has more than doubled a financing facility after striking an agreement with Dutch bank ABN AMRO.

A subsidiary of French power giant Total has signed a contract to supply rooftop PV to an airport in East Kalimantan province, which will be Indonesia's first airport to go solar and will cater for Indonesia's future capital in Borneo.

Mali is set to host one of the world’s largest off grid solar+storage projects, as a 30 MW solar plant will soon be coupled with a 17MW/15MWh storage facility to power the Fekola gold mine. Finland’s Wärtsilä will supply the battery.

The African Development Bank (AfDB) will lend the government of Burkina Faso €48.82 million (US$54.04 million) to develop 208MWp of PV across the nation under its Desert to Power initiative.

While global investments in renewable energy have climbed gradually in recent years, they remain much below the levels required to put the globe on course for a climate-safe future.

Viridi RE as well as Solar Ambition will certainly establish solar portfolios up until properties get to ready-to-build standing. The portfolio will also have a prospective to balance out greater than 390,000 tonnes of carbon discharge a year.

The Shapoorji Pallonji Group’s solar EPC business will hit the capital markets with an initial public offering on Aug. 6.