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OYA Renewables seals funding for 100 MW of NY community solar
North American renewables developer as well as independent power manufacturer (IPP) OYA Renewables has closed financing to sustain the building of some 100 MWdc of community solar projects in New York State.
Mar 3, 2023 // Markets & Finance News, solar projects, new york state, OYA Renewables
Energie AG's Ambitious 180 MW Renewables Push in Slovenia
Energie AG Oberosterreich's strategic investment in AAE Gamit will bring over 180 MW of renewable energy to Slovenia, paving the way for a sustainable future.
May 10, 2024 // Plants, Large-Scale, Commercial, Europe, Slovenia, PV Power Plant, Energie AG
Masdar & W Solar to Invest 500 MW in Tajik Renewables
MW Energy, a joint venture between Masdar and W Solar, has signed an MOU with Tajikistan to explore 500MW worth of clean energy projects – from solar, wind and hydroelectric. Part of Tajikistan's 2030 plan to develop 450MW of solar and wind energy with international assistance.
Oct 3, 2023 // Markets & Finance News, Masdar
Mahindra Renewables plans $171 mn investment for solar project in Rajasthan
Mahindra Renewables Private Limited (MRPL), a wholly owned subsidiary of Mahindra Group (worth $20.7 billion) cleantech arm Mahindra Susten Private Ltd (MSPL) is planning to invest around $171 million to set up a 250 mega watt (MW) solar power project in Rajasthan. The project will be backed by International Finance Corporation (IFC).
Jan 9, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Rajasthan, Mahindra Renewables
India relies on renewables to change retiring coal nuclear power plant
India will certainly replace retiring coal power centers with renewables as it seeks to fulfill enthusiastic eco-friendly energy targets and also lower its carbon footprint.
Oct 7, 2020 // Markets & Finance News, India, Asia, fitch solutions, energy transition, R.K. Singh, coal decommissioning
Renewables firms help Virginia city utility with 14-MW solar project
Danville Utilities, in collaboration with CS Energy, Navisun and also TurningPoint Energy, completed a 14-MWdc utility-scale solar project in Danville, Virginia. The renewable resource project is the city's largest solar advancement to date.
Oct 28, 2020 // Plants, Large-Scale, USA, North America, TurningPoint Energy, Jason Grey, John Malloy, Solar Project, CS Energy, Danville Utilities, Navisun, Chris Ichter
Fate of green hydrogen depends on ever cheaper renewables – for now
Analyst WoodMac has spelled out the urgent need to decarbonize the global hydrogen production industry. While the fuel can offer a sustainable grid balancing act for intermittent renewables, in its current fossil-fuel driven form it is pumping out more than 800 tons of carbon into the atmosphere every year.
Oct 22, 2019 // Solar, Solar to Fuel, USA, Japan, Germany, Wood Mackenzie, Australia, Europe, Asia, hydrogen, Oceania, North America, green hydrogen, Solar to Fuel, Solar to Hydrogen, Producing Hydrogen, Hydrogen from renewable, Renewable fuels
100% renewables means 95% less water consumption for conventional power generation
According to a new study by Finland’s LUT University, solar PV consumes between 2% and 15% of the water that coal and nuclear power plants use to produce just 1 MWh of output; for wind, this percentage ranges from 0.1% to 14%. Under the researchers’ best policy scenario, water consumption could be reduced by 75.1% by 2030, compared to 2015 levels.
Dec 12, 2019 // Market Research, USA, China, Europe, Asia, North America, Christian Breyer, Finland, LUT University
Banks Renewables obtains authorization for 40-MW solar park near Leeds
Banks Renewables, part of UK building as well as energy business The Banks Group, on Tuesday said its plans for a 40-MW solar park to the east of Leeds have actually been approved by Leeds City Council's preparation board.
Jun 16, 2021 // Plants, Large-Scale, Commercial, PV Power Plant, Banks Renewables
CIP, Amp Energy to establish 1.7 GWp of renewables in India
Danish investment company Copenhagen Infrastructure Partners (CIP) has actually signed an agreement with Amp Energy to enable the enhancement of 1.7 GWp of renewables projects in India.
Aug 5, 2021 // Plants, Markets & Finance News, C&I, India, Asia, Copenhagen Infrastructure Partners, CIP, AMP Energy, commercial and industrial
Eskom looking to renewables as S Africa is reducing coal power
South African utility Eskom Holdings SOC will close down roughly 30% of its existing coal-fired power generation ability over the following years and repurpose some of the websites for solar energy production.
Aug 19, 2021 // Markets & Finance News, Africa, eskom, South Africa
South Africa obtains 63 solar bids in newest renewables procurement round
South Africa's latest renewables procurement window for 2.6 GW of capability has actually gotten bids from 102 possible project programmers, consisting of 63 solar projects, according to the nation's Department of Mineral Resources as well as Energy (DMRE).
Aug 25, 2021 // Plants, Large-Scale, Markets & Finance News, Policy, tender, auctions, Africa, South Africa, tenders, dmre, Department of Mineral Resources and Energy
LevelTen elevates US$ 35m to assist scale up renewables transaction platform
LevelTen Energy, a United States company that has developed a platform for renewable resource asset deals, has secured the support of Google as part of a US$ 35 million Collection C funding round.
Aug 26, 2021 // Markets & Finance News, PPA, power purchase agreement, Google, funding, LevelTen Energy, software, levelten
Aquila European Renewables gets in Spain with 50-MWp solar buy
Aquila European Renewables Income Fund plc claimed today it has actually accepted buy a 50-MWp solar project in the South of Spain.
Dec 4, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Europe, Solar Project, Aquila European Renewables, Christine Brockwell
MasTec to get renewables builder IEA in USD-1.1 bn offer
US facilities home builder MasTec (NYSE: MTZ) has accepted take control of renewables-specialising market gamer Infrastructure as well as Energy Alternatives Inc (NASDAQ: IEA) in a cash-and-stock deal worth USD 1.1 billion (EUR 1.08 bn), including net debt.
Jul 26, 2022 // Markets & Finance News, USA, North America, MasTec, Infrastructure and Energy Alternatives Inc