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The federal government of Azerbaijan last week participated in a memorandum of understanding (MoU) with an abroad financial investment arm of civil design business China Gezhouba Group for the implementation of 2 GW of renewable energy projects.

Greenvolt is striving to be the first to get certified by the Portuguese govt in the near future. Discover the full story and see why this certification matters!

ReNew and Mitsui secure $730M refinancing for India’s hybrid solar-wind portfolio—boosting financial efficiency, stabilizing power supply, and strengthening long-term capital for cleaner growth.

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).

US facilities home builder MasTec (NYSE: MTZ) has accepted take control of renewables-specialising market gamer Infrastructure as well as Energy Alternatives Inc (NASDAQ: IEA) in a cash-and-stock deal worth USD 1.1 billion (EUR 1.08 bn), including net debt.

Danish renewables developer European Energy A/S on Thursday started an offering of EUR 75 million (USD 74.9 m) well worth of elderly green bonds, seeking to raise fresh funds for its renewable energy projects.

US clean energy company NextEra Energy Resources LLC and utility Portland General Electric (NYSE: POR), or PGE, on Wednesday reduced the ribbon on a 380-MW hybrid renewable energy website, called The United States and Canada's initial utility-scale center combining wind, solar and battery storage space.

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.

Private equity company Actis has consented to market its Sprng Energy renewables platform to energy significant Shell for US$ 1.55 billion.

Bluefield Solar and Octopus Renewables Infrastructure Trust (ORIT) have detailed the continued influence of the high power prices seen across Europe in a lingering fad across the sector.

The investment will certainly speed up Agilitas' growth, building and construction and procedure of more than 500 MW of energy storage as well as solar PV projects. Moving forward, within the very first 90 days, the joint venture looks to get eight projects totaling 45 MW.

The Australian Labor party has actually revealed a brand-new emissions policy, under which it intends to improve to 82% the renewables share of National Electricity Market (NEM) generation, up from 68% under current government estimates.

Brazilian gas and also power energy Eneva SA (B3: ENEV3) has reached an offer to absorb renewable resource firm Focus Energia Holding Participacoes SA (BVMF: POWE3), taking it off the marketplace just ten months after a BRL-887.4-million (USD 156.1 m/EUR 137.7 m) initial public offering (IPO).