REM - Renewable Energy
Soaring solar raw materials prices could thwart REPowerEU plans: Wood Mackenzie
The REPowerEU initiative, unveiled in mid-May to wean the European Union from Russian energy imports and to help achieve climate neutrality by 2050, could add at least 420 GW of solar projects by 2030.
Southwestern Electric Power Co. hopes to add almost 1 GW renewables by 2025
In the US, Southwestern Electric Power Co. plans to add 999 MW of wind and solar energy by the end of 2025. The Louisiana-based utility is owned by American Electric Power.
BluEarth Renewables acquires 1 GW of wind and solar generation in Colorado
A subsidiary of BluEarth Renewables has acquired the Eads Wind and Solar Project in Kiowa and Cheyenne Counties, in Colorado, from NorthRenew Energy. The site is on 150,000 acres.
BlueFloat Energy enters Taiwan offshore wind market
BlueFloat Energy has entered the Taiwanese offshore wind market, unveiling a project of more than 1 GW for the East Asian island nation’s much-anticipated Round 3 market auction.
Borrego announces spin-off and sale of solar and storage development business to ECP
California-based solar and storage developer Borrego has entered into a definitive agreement to spin off and sell its development business to the investor ECF.
Nordex announces a potential loss for FY 2022
German wind turbine manufacturer The Nordex Group has updated its full-year guidance for the financial year of 2022, saying it expects zero profits or even a loss because of the Ukraine war and COVID lockdowns in China.
Savannah Energy to build 500 MW of solar and storage in Chad
The UK’s Savannah Energy has signed an agreement with the government of Chad to develop up to 500 MW of utility-scale renewables in the energy-hungry country.
US utilities submit offshore wind contracts to Massachusetts regulators for approval
Three utilities operating in the north-eastern US – Eversource, UK-based National Grid and Unitil – have completed 20-year contracts with two large offshore wind farms and submitted the power purchase agreements to Massachusetts regulators
Better Energy to partner with Forus on 1 GW of solar in Finland
Denmark-based Better Energy will partner with Finnish solar developer Forus to install more than 1,000 MW of solar power and accelerate the green energy transition in Northern Europe. The solar parks will be built in Finland.
Biden administration proceeds with plan for first auction of offshore wind tracts off California
The Biden administration is proceeding with a plan for the first lease sale off California for offshore wind. The auction will be the first in the US off the Pacific Coast.
REM: Biden administration proceeds with plan for first auction of offshore wind tracts off California
The Biden administration is proceeding with a plan for the first lease sale off California for offshore wind. The auction will be the first in the US off the Pacific Coast.
Kyrgyzstan’s big-dollar deal with newbie Chinese company raises questions
Bishkek is pinning its industrial hopes on a small Chinese company with no past. The opaque arrangement reflects how Kyrgyzstan’s government does business.
Guaranteed Buyer has announced green energy auctions, while Naftogaz says it will create its own gas station network
Guaranteed Buyer has announced green energy auctions, while Naftogaz says it will create its own gas station network.
Australian election spells new uncertainty for oil and gas
Australia’s federal election has resulted in a change of government following a victory by the Australian Labor Party.
Sahel countries to receive dedicated solar energy training programme
Five African countries in the continent’s Sahel region are to become the targets of a dedicated solar energy training programme.
Is coal killing us all?
Ending coal-fired power generation could prevent 14.5mn premature death from air pollution between now and 2050 and would create up to $16.3 trillion in economic benefits.
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