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The new principal of the Australian Energy Market Operator (AEMO) has said he desires the country's grids to be with the ability of dealing with 100% renewables by 2025.

Octopus Renewables Infrastructure Trust plc (LON: ORIT) has accepted acquire a portfolio of five solar projects in Ireland with a capacity of as much as 250 MW from Statkraft Ireland Ltd

US utility titan NextEra Energy included 1.84 GW of renewables and energy storage projects to its backlog in Q2 2021, however its Energy Resources division reported a financial loss of US$ 315 million.

French-Italian semiconductor producing firm STMicroelectronics has actually announced that its Bouskoura site in Morocco will certainly obtain 50% of its energy from renewable resources by 2022 compared to 1% in 2020, as part of its activity strategy to accomplish carbon-neutrality by 2027.

A unit of Italian oil as well as gas firm Eni SpA (BIT: ENI) is getting a 65% stake in Hergo Renewables S.P.A., a business that has a 1.5-GW portfolio of solar as well as wind projects in Spain and also Italy.

Paris-based asset supervisor Eiffel Investment Group and also the European Investment Fund (EIF) are releasing a fund that will offer equity bridge financing for renewable resource assets in Europe, it was introduced on Thursday.

The Australian Capital Territory government has announced the final step of the first phase of its ‘reverse auction’ programme, with the announcement of a tender for 250MW of renewable energy generation alongside a 20MW/40MWh battery energy storage system (BESS).

The EurActiv website has actually released a draft of the European Commission's repair strategy, that includes a tender program for 15 GW of renewable resource projects over the following 2 years. The tender system is anticipated to elevate EUR25 billion of financial investments.

'Solar Module Super League' (SMSL) member JinkoSolar has actually been selected to supply bifacial modules for Chile's initial hybrid utility-scale solar-plus-wind ranch.

The Australian state of Victoria has started a process to test market interest as well as capacity for brand-new solar, wind and also other renewable energy projects.

United States utility NV Energy has provided a request for propositions (RfP) for "significant additions" to its renewable energy portfolio.

Ryse Energy, a professional in decentralised renewable resource systems, has actually raised USD 15 million (EUR 13.7 m) in a growth funding round led by RWE Energy Transition Investments, an investment vehicle of the energy trading arm of German energy team RWE AG (ETR: RWE).

The objective is to support the firm's ambition to grow its portfolio to 3GW over the next 5 years by including 100MW of new biomass and 400MW of new solar capacity yearly. The financial investment will add to staying clear of more than 2.8 million lots of CO2 emissions.

While global investments in renewable energy have climbed gradually in recent years, they remain much below the levels required to put the globe on course for a climate-safe future.

French developer eyeing 49.9 MW project in England between Flore and also Upper Heyford