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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.

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.

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.

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.

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."

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.

Vietnam has actually cut its 2030 power capacity target by 35GW under its recently set draft Power Master Plan VIII (PMP8) but is making more room for renewables as it looks for to reduce its reliance on coal.

The Swiss government has decided to prolong its incentives for renewable energy jobs, while also changing them to advertise better competition. Additionally, it prepares to replace feed-in tolls for massive solar installments with a new auction device.

After turning to clean energy last year, the Spanish oil company plans to deploy 4.5 GW of renewables generation capacity by 2024.

The Abu Dhabi Fund for Development (ADFD) finances innovative projects to expand sustainable energy access as part of a joint initiative with the International Renewable Energy Agency (IRENA). ADFD committed USD 350 million to support renewable energy uptake in developing countries through seven annual selection and funding cycles starting in 2013.

Port of Argentia to create wind and also green hydrogen projects with Pattern Energy Group

TotalEnergies and Sonatrach have signed a cooperation agreement to explore solar, hydrogen and low carbon energies in Algeria. The agreement also includes a R&D programme for the energy transition, as well as increased gas production.

Companies purchased a record 31.1 gigawatts of clean energy with power acquisition agreements, or PPAs, in 2021, up virtually 24% from the previous year's record of 25.1 GW according to research firm BloombergNEF (BNEF). Over 2 thirds of this buying (65%) happened in the U.S. Nevertheless, additionally underpinning the solid growth is a surge in activity from the biggest technology business, who collectively signed over fifty percent of the offers.

On Wednesday, the ten Democratic presidential hopefuls discussed their environment and energy priorities during a televised town hall meeting in New York City.

EDP, Iberdrola and BayWa r.e. are among the signatories of a new charter that gets in touch with Europe to "accelerate and also enormously deploy" extra renewables capacity to support the continent's eco-friendly hydrogen ambitions.