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Octopus Investments Australia raises AUD 250 million for its renewable energy fund, OASIS. With contributions from Hostplus, CEFC and Sky Renewables, plus a new investor Rest, total funds raised now stand at AUD 550 million. Octopus manages a platform of assets worth AUD 1 billion.

Ørsted A/S invests in cutting-edge battery storage for Hornsea 3 offshore wind farm, leading the way in renewable energy innovation.

Absa Group provides USD-24-million corporate loan to construct a 100-MW solar power plant in Ghana led by West Africa-focused PV developer Meinergy Technology Limited. This loan supports Ghana's renewable energy capacity & energy needs.

Scatec ASA launches Egypt's 1.1-GW Obelisk solar project, featuring cutting-edge battery storage and backed by major financial partners, set to transform renewable energy by 2026.

Austrian firm, Enery, managed by Three Seas Initiative Investment Fund (TSIIF) via Amber Infrastructure, is currently operating among both largest PV facilities in Bulgaria. Founded in 2019, Enery is a leading renewable resource developers in Central and also Eastern Europe. In 2020, it acquired a solar park on 100 hectares with a 60.4 MW peak as well as additionally 50 MW in connection power in Karadzhalovo near Plovdiv.

Genex Power launches 775-MW solar project in Queensland, boosting renewable energy and aligning with global solar trends.

Reliance Power secures a groundbreaking 930-MW solar project, revolutionizing India’s energy landscape with innovative battery storage—ensuring reliable power for a sustainable future!

Linea Energy secures groundbreaking financing for its 109-MWp Pineview solar project, set to illuminate Georgia by December 2025, marking a significant leap in renewable energy expansion.

Kalyon Holding's renewable energy branch has actually finished the construction of its 1.35 GW solar energy plant in Karapınar in Central Anatolia. It is just one of the biggest in the world. The Turkish business likewise said it increased the capacity of its solar module factory near Ankara to 2 GW per year.

With its rapid economic growth and increasing need for power services, India is well-placed to invest a lot more in clean, cheap reliable sources of power, especially in the solar sector. Nonetheless, this potential stays mainly untapped. The Indian federal government has set an objective of 100 gigawatts (GW) of solar energy capacity by 2022, yet it had actually just installed 34 GW by mid-2020.

Solarpack has witnessed gains across several financial indicators so far this year, after progress across various construction contracts in Europe and South America.

French multi-energy group TotalEnergies SE (EPA: TTE) and also power manufacturer General Electricity Company of Libya (GECOL) have introduced a 500-MW solar project in the north of Libya.

IG Renewables secures approval for a 28MWp solar project in Essex, marking the first step in their ambitious 3GW UK renewable energy expansion.

NaturEnergy, an unit of German renewable energy supplier Naturstrom AG, has brought live a 5.6-MWp solar park in Brandenburg which is anticipated to generate concerning 5.2 million kWh of green electricity a year.

Garnacha project has a PPA with Google for a period of 12 years as well as will certainly begin procedure in October 2023