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Saudi Luxury Resort Secures $1.5B Renewable Energy Hub
Discover the $1.5 billion renewable infrastructure revolution powering Amaala resort—featuring solar energy, advanced storage, and sustainable water solutions, set to reshape luxury in Saudi Arabia.
Nov 1, 2024 // Plants, Large-Scale, Commercial, Markets & Finance News, Saudi Arabia, Asia
France to fund innovative off-grid renewables projects in Africa
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.
Sep 24, 2019 // Markets & Finance News, France, Europe, Africa, NGOs
Northern Ireland grid aims to be ready for 95% renewables
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.
Sep 27, 2019 // Markets & Finance News, Storage, Grids, UK, Brexit, SONI, Jo Aston, Martin McGuinness
Shell Joins India’s Solar Boom, Buys 20% In Renewables Company
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.
Oct 4, 2019 // Markets & Finance News, India, Asia, shell, Brian Davis, Orb Energy, Maarten Wetselaar, Ben van Beurden
Greece to expand renewables portfolio with five new solar projects
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.
Nov 16, 2020 // Plants, Large-Scale, Commercial, Greece, Europe, solar projects, Giles Clark
Neoen concludes EUR-600m resources hike to money renewables strategy
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.
Apr 7, 2021 // Markets & Finance News, France, Europe, neoen
Duke Energy targets 23% renewables in power result by 2030
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.
Apr 30, 2021 // Markets & Finance News, USA, Duke Energy, North America, Katherine Neebe
Ecofin US Renewables acquires 13.7-MW solar project in Minnesota
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.
Sep 21, 2021 // Plants, USA, North America, PV Power Plant, Ecofin US Renewables
Iberdrola nabs EIB loan for 1.8 GW of Spanish renewables
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.
Jul 22, 2022 // Markets & Finance News, Iberdrola
J-Power takes 10% stake in Australian renewables developer Genex
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.
May 19, 2021 // Markets & Finance News, Australia, Oceania, acquisitions, pumped hydro, Genex, J-Power, large scale solar, wind and solar
Renewables add 50.7% to Spanish electrical energy grid in May
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.
Jun 7, 2021 // Grids, Spain, Europe, grid connection, Renewable Electricity, red electrica de españa, solar power generation, electricity supply, power mix
Renewables Produce Record 50.7% of Energy in May in Spain
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.
Jun 8, 2021 // Markets & Finance News, Spain, Europe, Renewable Energy, wind and solar, Red Eléctrica de España, REE
Denmark preparations 428-MW tech-neutral renewables tender in Aug
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.
Jun 29, 2021 // Plants, Commercial, Markets & Finance News, tender, Europe, Denmark, Danish Energy Agency, DEA
Ventient Energy shuts 443-MW renewables portfolio get in Spain
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.
Apr 22, 2022 // Storage, Spain, Europe, Ventient Energy
Cape Town to procure 300 MW of renewables from IPPs
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.
Feb 18, 2022 // Markets & Finance News, Cape Town, Geordin Hill-Lewis