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Fortescue Axes $Multi-Billion Renewables Hub in Australia
Fortescue Metals Group has abandoned its Uaroo Renewable Energy Hub plans. Read on to find out why, and the implications for the company's decarbonisation strategy. Discover what the EPA's role was in the cancellation of the project.
Nov 6, 2023 // Markets & Finance News, Storage, Australia, Oceania, Fortescue
Solar Farms in Space: Exploring Renewables Beyond Earth
Dr Dan Lamb, from Swansea University, is researching the viability of low-cost, lightweight solar panels in space, to continuously generate energy and transfer it to Earth. Fueling green propulsion solutions, lunar bases, and space-based solar power, Lamb's work could revolutionize our energy sources.
Jan 2, 2024 // Technology, Plants, Swansea University, Dan Lamb
Cross-Border Renewables: Greece Opens 200-MW Tender
Greece's RAAEY is launching a tender for 200MW of renewable energy projects in Bulgaria & Italy. Solar projects of 1MW & wind schemes of 6MW can bid & sell their output daily on the Greek day-ahead market. Deadline to apply is March 11. Winners announced April 25. Commission capacity in 30/36 months. Promoting pan-EEA energy project development.
Jan 5, 2024 // Markets & Finance News, Greece, tender, Europe
Spanish Power Prices Plummet: Renewables Reach Record High
Record low electricity prices in Spain as wind and solar power surge, but could impact long-term investment in renewables. Energy crisis leads to exports to France at a fraction of the cost.
Mar 1, 2024 // Plants, Spain, France, Europe
Romanian Renewables JV Expands with Solar and Storage
Romanian hydropower giant Hidroelectrica and Masdar team up for onshore, floating solar, and battery storage projects, with potential for further growth in green energy.
Apr 22, 2024 // Plants, Large-Scale, Commercial, Masdar, Europe, Romania, Hidroelectrica
Vinci Acquires Swedish Renewables Developer Helios Nordic Energy
Vinci SA's acquisition of Helios Nordic Energy AB for EUR 73 million will boost their presence in the Nordic renewable energy market. Exciting times ahead for SunMind!
May 30, 2024 // Markets & Finance News, Sweden, Europe, Vinci SA, Helios Nordic Energy
Leeward Renewable Energy Secures $1.25B for US Renewables
Leeward Renewable Energy secures $1.25 billion to power up US with wind, solar, and battery storage, aiming for a greener future by 2025.
Jul 16, 2024 // Plants, Large-Scale, Commercial, Markets & Finance News, leeward renewable energy
DTEK Expands Renewables with New Romanian Solar Project
DTEK expands its renewable energy reach in Romania, acquiring a 60-MW solar project, Glodeni II, aiming for a total of 1 GW by 2030. Solar energy growth is on the horizon!
Aug 23, 2024 // Plants, Large-Scale, Commercial, Ukraine, DTEK, Europe, Romania, Solar Project
Linea Energy Secures $145M Loan for Renewables Expansion
Linea Energy secures $145 million for its 4-GW renewable project pipeline, paving the way for innovative wind, solar, and energy storage solutions across the nation.
Sep 5, 2024 // Plants, Large-Scale, Commercial, Linea Energy
Romania Launches 1.5-GW Renewables Auction for Growth
Romania’s first CfD auction offers a historic opportunity for 1.5 GW of renewable energy, fueling the nation’s green transition and ambitious climate goals. Bid by November 18!
Sep 12, 2024 // Plants, Europe, Romania
Wien Energie Expands Renewables with 130-MW Acquisition
Wien Energie targets a greener future, acquiring 130 MW of renewable power to boost wind production by over 50%, powering 80,000 households and moving toward climate neutrality by 2040.
Oct 21, 2024 // Plants, Large-Scale, Commercial, Markets & Finance News, Wien Energie
Chubu Electric Acquires Major Stake in Indian Renewables
Chubu Electric Power boosts its green ambitions, becoming OMC Power's largest shareholder and enhancing renewable energy initiatives in India with substantial investments and strategic support.
Nov 19, 2024 // Markets & Finance News, India, Asia, Chubu Electric Power
Hero Future Energies Invests $1.3B in Karnataka Renewables
Hero Future Energies commits INR 110 billion to transform Karnataka into a renewable energy powerhouse, creating 3,000 jobs and driving sustainable industrial growth.
Dec 2, 2024 // Markets & Finance News, Hero Future Energies
Convergent Secures $584.5M Loan for Puerto Rico Renewables
Convergent Energy secures $584.5M to power Puerto Rico’s green future with a 100-MW solar park, boosting job creation and resilience in the national grid!
Jan 20, 2025 // Markets & Finance News, USA, North America, Puerto Rico, Convergent Energy
Pele Energy Secures $31M to Expand African Renewables
Pele Energy Group secures ZAR 575 million to power Africa's renewable energy future, driving sustainable growth and transformative clean energy solutions across the continent.
Mar 6, 2025 // Markets & Finance News, Africa, Pele Energy Group