Search

The U.S. District Court for the Southern District of Ohio has approved a modified agreement that will accelerate emission reductions from American Electric Power’s (AEP) remaining coal-fueled power plants in the Midwest, eliminate a requirement to install “high-cost” emission reduction equipment at the Rockport Plant in Indiana, and retire Rockport Plant Unit 1 (1,300 MW) by the end of 2028, the utility says.

The state enterprise Solar Energy Corporation of India (SECI) issued at the beginning of the month a tender for 1,200MW of renewable power that can be used to alleviate peak demand issued on the grid, in effect mandating the use of energy storage systems (ESS).

South Africa is looking for to award 20-year contracts for the construction of renewable energy projects throughout 19 areas in the nation, consisting of government irrigation facilities.

Indian power-sector framework trust (InvIT) India Grid Trust (BOM:540565), or IndiGrid, has actually lately inked an INR-40-billion (USD 483m/EUR 447m) bargain to buy Virescent Renewable Energy Trust (VRET), a KKR-backed local renewable energy platform with 538 MWp of solar assets.

The firm has actually made these additions via 133 new projects in 11 countries. In India, a third 200 MW wind-solar hybrid project was included in Amazon's initial two wind-solar hybrid projects.

Peru's ministry of power as well as mining on Wednesday claimed it had actually granted concessions for 3 new renewable energy projects with a potential to bring around 523.8 MW of combined capacity.

Macquarie Asset Management and Norsk Hydro ASA just announced a joint venture worth USD 332 million to develop 6.9 GW of renewable projects across three countries. Check out the details on this innovative partnership and its expected impact.

SK Eco Plant and BCGE team up to develop 700 MW of renewable energy projects in Vietnam, including wind and solar installations. A green partnership for a sustainable future.

Merger between Auren Energia and AES Brasil creates 8.8 GW renewable energy platform. AES Corp to sell stake for $640 million, simplifying portfolio for US market focus.

GE Vernova & Alfanar form JV to develop 334MW of wind & solar projects in Spain; targeting ready-to-build status by 2025 & COD by 2027. Plans to explore battery & energy storage solutions.

Canadian Solar Inc., a manufacturer of solar photovoltaic modules and also supplier of solar power options, has finished the sale of the Suffield Solar Project to BluEarth Renewables, an independent power manufacturer that acquires, establishes, constructs, owns and runs wind, hydro as well as solar facilities across North America.

Energy and renewables designer Ignitis Group has marked its first day of trading on 2 different stock market, as it bids to target international renewables markets.

The federal government is intending to present a purchase regimen this year which the Institute for Energy Economics and also Financial Analysis states might drive the rate of tidy electrical power as reduced as PHP3/kWh. It is assumed projects which missed out on the feed-in toll plan target date will certainly be qualified to complete in the public auctions.

The Tennessee Valley Authority (TVA) has actually provided an ask for propositions (RFP) to create 200MW of renewable-energy projects that can be brought on the internet by the end of 2023.

The price of collecting solar energy has actually gone down so much in recent years that it's providing conventional energy resources a run for their money. However, the challenges of energy storage space - which need the capacity to financial institution a recurring and also seasonally variable supply of solar power - have maintained the modern technology from being economically competitive.