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Shell has acquired a 20-percent stake in Indian company Orb Energy, provider of corporate loans to businesses that want to invest in solar power installations.

London-based renewable energy financing organization National Energy Holdings Limited has partnered with Piraeus Bank SA to help Greece to expand its profile of tidy energy resources.

Ecofin US Renewables Infrastructure Trust PLC (LON: RNEW) said on Monday it had actually recently closed the procurement of a 13.7-MW solar project located in the US state of Minnesota, the initial in a portfolio of 12 solar PV projects that the UK-based investor is targeting to acquire.

The City of Cape Town will certainly look for to procure as much as 300 MW of renewable resource through tendering procedures over the coming months, mayor Geordin Hill-Lewis announced today.

Neoen (EPA: NEOEN) has finished its EUR-600-million (USD 713m) resources rise, protecting proceeds to finance the first cycle of its financial investment strategy that targets 10 GW of renewable resource capability in operation or incomplete by 2025.

United States utilities group Duke Energy Corp (NYSE: DUK) will certainly seek to create 23% of its electricity from wind, solar and hydropower by 2030 as it devotes to add more renewables into the mix.

Japanese power business J-Power has actually gotten a 10% risk in renewables and pumped hydro developer Genex Power through its Australian subsidiary JPGA Partners.

Solar PV power systems contributed to 11.4% of Spain's power mix last month, establishing a brand-new record for regular monthly manufacturing, according to brand-new information from grid operator Red Eléctrica de España.

The Red Eléctrica de España (REE), a partially state-owned and public restricted corporation which runs the nationwide power grid in Spain, recently reported that renewable energy reached a vital turning point last month when, for the very first time, more than half of the energy generated in the country was of eco-friendly origin.

The Danish Energy Agency (DEA) announced on Monday it will certainly release its following technology-neutral tender in August, targeting 428 MW of renewable resource capacity.

Spanish utility team Iberdrola SA (BME: IBE) introduced today that it has safeguarded a EUR-550-million (USD 560.9 m) green loan to finance some 1,800 MW of wind as well as solar power projects at home.

Iberdrola has actually authorized a contract for the procurement of the French renewable resource business Aalto Power for 100 million euros.

In its following purchase workout, the Hungarian federal government will certainly designate 77% of the readily available eco-friendly aids that it stopped working to designate in March's public auction.

Scientists in the U.S. insurance claim to have shown a low-cost, long-life, secure as well as environment-friendly redox flow battery. The gadget is said deal coulombic effectiveness of 97.9% thanks to useful electrolyte additives, pH and elevated temperature level.

Switzerland-based power manufacturer Advanced Power has gotten USD 60 million (EUR 60.8 m) in the red funding to speed up the growth of its 8-GW pipeline of renewable resource projects in the US.