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American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion. The sale portfolio includes 14 projects, representing 1,200 MW of wind and 165 MW of solar in 11 states.

Arising market financier Actis looks readied to strengthen its grip in the Indian solar market, adhering to cases that it has actually obtained a huge profile.

Spain needs to restrict the size of brand-new solar parks to motivate the deployment of smaller sized projects located better to consumers, the country's National Association of Photovoltaic Power Producers (ANPIER) has actually claimed.

South Australia has struck a AU$ 1.08 billion (US$ 840 million) power and also emissions decrease arrangement with Australia's federal government.

An AFP newswire report this week said Ministry of New & Renewable Energy secretary Anand Kumar had announced plans for 30 GW of generation capacity in the state of Gujarat and 25 GW in Rajasthan, all of it along a 20-25km strip of semi arid land on the border.

The government has amended two regulations and introduced a new one to spur development of rooftop PV. The new provisions increase the size of systems eligible for net metering payments and reduce fees for industrial installations.

Tunisia has actually experienced expanding dependence on imported fossil fuels over the past 20 years, mostly as a result of enhancing energy usage throughout its nationwide economic situation and also dropping domestic hydrocarbon production.

Financier will certainly acquire all the shares of Riacho da Serra Energia consisting of 20 PV projects in Piauí

Indian state-run hydropower firm SJVN is intending to deploy 10GW of solar PV in Rajasthan over the next five years via a INR50,000 crore (US$ 6.7 billion) financial investment.

European renewables investment administration firm Greencoat Capital has verified its entrance to the US renewables market as well as is plotting to spend up to US$ 5 billion over the next five years.

SolRiver Capital has actually closed on USD 30 numerous building funding with AVANA Capital for a profile of 6 solar projects worth a mixed 24 MW.

C2 Energy Capital has actually finished 2 community solar projects amounting to 5.5 MW. Located in the towns of Johnstown as well as Caledonia, New York, the solar power generation systems are had and also operated by C2 Energy Capital. The clean power plants belong to New york city's Community Distributed Generation (CDG) program that permits both homeowners and industrial services in the neighborhood to benefit from regional solar projects.

AlpinSolar power plant on Lake Muttsee Dam in Switzerland has turned into one its kind in the country brimming with 5,000 solar panels. The dam is over 2,500 meters over sea-level as well as is bordered by snow covered peaks. The Muttsee dam is well-suited for the established of a photovoltaic plant.

A late adopter, Egypt has a great deal of catching up to do, considering it has several of the very best websites for solar worldwide. Progress in Egypt will additionally augur well for Africa itself, as understanding and also gains are moved a lot more widely.

Lithium-ion battery pack costs, which were above $1,100 per kilowatt-hour in 2010, have actually dropped 89% in actual terms to $137/kWh in 2020. By 2023, average costs will certainly be close to $100/kWh, according to the current projection from research company BloombergNEF (BNEF).