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Colbún has actually requested authorization to construct a 788 MW solar project in Chile's north area of Antofagasta.

Buoyant market attracts multi-national utilities

Declining costs in available technologies have propelled interest in energy storage forward like never before. The price of lithium-ion batteries has fallen by about 80% over the past five years, enabling the integration of storage into solar power systems.

Aussie utility AGL Energy Ltd (ASX: AGL) on Thursday formally launched the building and construction of its 50-MW/50-MWh Broken Hill battery energy storage system (BESS) project in New South Wales.

San Diego, California-based Borrego on Thursday claimed it has completed the construction of a portfolio of 15 solar-plus-storage projects for United States power generation group AES Corp (NYSE: AES).

Single-axis tracker vendor Sunfolding has revealed the consultation of former Renewable Energy Systems Americas president Glen Davis as its brand-new CEO.

Champions of the island state's biggest ever renewable resource purchase include AES, Hanwha, Engie, EDF, Longroad.

France's Neoen SA has officially opened its 140-MW Capella Solar photovoltaic or pv (PV) park in El Salvador, the French renewables programmer claimed today.

Air Products pulls out of Texas hydrogen venture, selling rights to AES amid market challenges, while continuing projects in Saudi Arabia, Canada, and Louisiana.

The collective installed capacity of the top utility-scale solar developers has now covered 100 GWAC. The top 35 companies in Wiki-Solar's newest 'league table' added an exceptional 30 GWAC since the start of last year.

Microsoft Corporation, among the world's biggest buyers of renewable resource, recently participated in a lasting contract with Amplus Solar, a subsidiary of Malaysian oil and also gas empire Petronas in India, to buy power from a 100 MW solar project being created by the latter in Rajasthan.

Meta Platforms Inc is taking a giant step towards renewable energy, with the majority of energy supplied from a 300-MW solar park and the commitment to use 100% renewable energy, setting it up for net zero emissions.

As the green sector stumbles, analysts are seeing acquiring opportunities.

Brazilian gas and also power energy Eneva SA (B3: ENEV3) has reached an offer to absorb renewable resource firm Focus Energia Holding Participacoes SA (BVMF: POWE3), taking it off the marketplace just ten months after a BRL-887.4-million (USD 156.1 m/EUR 137.7 m) initial public offering (IPO).

A record 31.1 GW of clean energy was gotten by corporations through power purchase agreements (PPAs) last year, with innovation business once more the largest buyers, according to research firm BloombergNEF (BNEF).