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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.

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.

Pan-European, non-utility power manufacturer Ventient Energy revealed today the completion of its procurement of a 443-MW renewables portfolio in the Spanish area of Castilla y Leon.

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.

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.

UK's PM SunakRishi Sunak, Britain's Prime Minister, will certainly pledge to hasten the UK's switch to renewable resource when he speaks before the U.N. climate change summit at COP27. On November 2, 2022, Sunak determined at the last minute to participate in the climate talks, reversing a decision to forego the annual event that had actually been roundly criticised by environmentalists as well as political opponents.

The European Investment Bank (EIB) on Monday announced commitments of USD 100 million (EUR 97m) to Alcazar Energy Partners II, a fund that will invest in renewable resource projects in the Middle East, North Africa, Eastern Europe and also Central Asia.

The French development agency and the environment ministry have a €1.6 million budget to finance novel off-grid projects from companies and NGOs operating with local partners in Africa.

The U.K. province’s grid operator SONI has announced a £500 million plan to prepare the network for an almost fully renewable electricity system within just five years. Despite the U.K. being seemingly paralyzed by Brexit, the network operator says it can already cope with 65% clean energy in the mix.

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.