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In anticipation of the Pacific Islands Forum (PIF) in Tuvalu this week, Australian Prime Minister Scott Morrison is set to announce A$500 million ($337.75 million) in foreign aid to partnering Pacific nations in the form of a climate change and oceans funding package for renewable energy investment and climate resilience.

The long-awaited procurement workout consists of 250 MW of generation capacity originally planned to be tendered last year.

Energie AG Oberosterreich's strategic investment in AAE Gamit will bring over 180 MW of renewable energy to Slovenia, paving the way for a sustainable future.

EIB and DBSA boost South Africa’s green future with an extra EUR 200 million, powering renewable energy projects and fueling sustainable growth in the region.

US technology conglomerate Meta Platforms Inc. (NASDAQ:META) has taken a step towards its goal of sourcing 100% renewable energy for its operations by signing a multi-year contract with energy and commodities trader Vitol. The contract involves the purchase of renewable energy credits and other environmental attributes from Vitol's 50-MW Ocotillo Wells solar project in California.

Canadian company Boralex Inc (TSE: BLX) on Tuesday stated it has actually launched industrial operations at its 65-MW Moulins du Lohan wind farm in France's Brittany region, lifting its installed renewables capacity in the country to 1,200 MW.

North American renewables developer as well as independent power manufacturer (IPP) OYA Renewables has closed financing to sustain the building of some 100 MWdc of community solar projects in New York State.

LONGi has actually entered into renewable resource collaboration as framework distributor in Singapore and also Indonesia. The agreement will improve Indonesia's capability to establish renewable resource and also will certainly promote cross-border electrical energy trade for shared benefit.

Australian infrastructure asset manager Palisade Investment Partners on Tuesday stated it is introducing a renewable energy platform, called Intera Renewables, which will certainly bundle five of its functional renewable energy assets with an incorporated capacity of concerning 1 GW.

The government of the Brazilian state of Piaui recently authorized numerous agreements to establish green hydrogen generation projects backed by new solar energy plants.

Toulouse-based Solveo Energies secures €98 million from Mirova’s Energy Transition 6 fund to fast-track solar, wind and agrivoltaic projects and lift capacity to 800 MW by 2030.

Plenitude, the energy shift company of Italian oil and gas firm Eni SpA (BIT: ENI), has actually secured a deal to acquire Italian renewable project developer, power producer and retailer PLT, taking hold of its 1.6-GW fleet in Italy and Spain.

AREH is expected to have a complete generation capacity of 26 GW. It has the possible to abate about 17 million tonnes of carbon dioxide that would certainly otherwise be generated in the residential and also as well as export markets each year.

United States climate solutions investor Hannon Armstrong Sustainable Infrastructure Capital Inc (NYSE: HASI) stated today it has authorized an agreement to purchase a 1.3-GW renewable resource portfolio created, owned and also operated by US power firm The AES Corporation (NYSE: AES).

Iberdrola SA, a Spanish utility company, has secured financing from the European Investment Bank (EIB) for the construction of solar and wind power plants in Spain, Portugal, and Germany, totaling 2.2 GW capacity.