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The Queensland government has announced an allocation of AUD 500 million (USD 330.4m/EUR 309.3m) to CleanCo, the state's publicly-owned clean energy corporation. The funds will be utilized for the development of new wind and solar power projects, which will contribute up to 2.3 GW of power.

Global Power Synergy, the power device of Thailand's state-owned oil and gas group PTT, will certainly spend 20 billion baht matching to USD 635 million, in renewable energy properties across Asia consisting of India as well as China.

Billionaire Andrew Forrest's Australian mining firm Fortescue Metals Group (FMG) has revealed strategies to construct 235 GW of set up eco-friendly capacity, mainly solar as well as wind. According to news agency "Reuters", FMG's completely owned subsidiary Fortescue Future Industries Pty Ltd. (FFI) has actually currently signed preliminary offers, and a group of execs is seeking other partners, however did not supply a timeline.

Personal equity strong American Securities has entered an agreement to obtain Swinerton Renewable Energy, the renewable energy division of Swinerton Builders, and wholly-owned subsidiary SOLV from Swinerton Incorporated.

Spanish utility Endesa SA (BME: ELE) claimed on Monday that it has actually signed a ten-year contract to provide 100% renewable power to resort chain Hoteles Santos and all of its establishments in Spain.

Northern Europe’s clean energy scene has witnessed a flurry of policy moves in the space of a week, with at least four countries making announcements on various auctions and subsidy schemes.

Severely struck by the COVID-19 dilemma, New York State has actually decided to "drastically accelerate the siting as well as building of tidy power projects" as one aspect of its roadmap for financial return.

The Queensland government has repeated a promise to invest millions of dollars in the growth of state-owned solar as well as wind farms in its most current budget, attracting criticism from ecological advocates.

At his initial press conference since taking office, United States President Joe Biden had actually claimed in March that he would certainly outspend China on technology and also facilities to make sure that the latter's desire for superseding the United States to become the most powerful as well as wealthiest country would certainly not pertain to fulfillment, a minimum of not on "his watch."

ESS Tech, a manufacturer of iron flow batteries has actually participated in a contract that will result in it becoming a publicly provided firm.

The US state of California has witnessed yet another claim of ultra-low solar prices, recorded in the context of a major contracting exercise by a community energy group.

Currently, Field Italia, the firm's new arm developed in Rome, desires broaden its advancement pipeline. With this in mind, it is realising land opportunities. Just recently, the company likewise concluded an investment round of ₤ 77m. It also intends to broaden the team.

The Australian state of New South Wales (NSW) has received applications for nearly 40GW of renewable generation and also storage space projects for its scheduled Hunter-Central Coast Renewable Energy Zone (REZ) amid huge passion in clean energy sources in the state.

The fast growth of dispersed and large-scale solar has actually caused an improved reliability expectation for the majority of Australia as it prepares to go into summer.

pv magazine publisher Eckhart Gouras spoke to Carolina Obando, regulatory coordinator at renewable energy association SER Colombia, to discuss the country’s first renewable energy auction. The delayed tender promises to boost a solar industry with a 4.3 GW pipeline.