REM - Renewable Energy
The Inflation Reduction Act (IRA) is the most extensive climate legislation in the world, but it is also far from a done deal.
France to tender 2 GW of offshore wind in the Atlantic, prequalifies companies for Mediterranean auction
France expects to declare a winner starting in early 2024 for two sites that could support as much as 2 GW of offshore wind in the Atlantic Ocean off the island of Orélon. Originally, less than 1 GW had been anticipated for the area.
New England utility Eversource has not yet formally decided to exit its 50:50 partnership with Ørsted for three large wind projects off the north-eastern US. But the company is actively marketing its share, executives said on a recent earnings call.
Germany-based renewable energy developer ABO Wind has sold its Canadian 514.6-MW project Buffalo Plains wind farm to an un-named investor upon reaching ready-to-build status.
The US community solar market will continue to grow over the next five years, with at least 7 GWdc of community solar expected to come online in existing markets between 2022-2027, according to new research.
Ireland’s government has raised the offshore wind target from 5 GW to 7 GW in 2030. The government has also more than doubled the solar target to 5.5 GW, and green hydrogen to 2 GW.
EDP Renewables has reached an agreement to acquire a 70% stake in Kronos Solar Projects GmbH, a solar developer company based in Germany. The acquisition price is €250mn ($257mn).
First Solar will supply 2.4 GWDC of its high-performance, advanced thin-film photovoltaic (PV) solar modules to Intersect Power.
Turkish energy ministry says its working to resolve Akkuyu nuclear plant dispute between Rosatom, domestic firm
Russia’s Rosatom comes under fire for changing lead contractor on nuclear power plant project in Turkey
IFC partners with Ghana holding LMI to provide sustainable energy, water to businesses in economic zones
Babcock & Wilcox’s environmental business segment has been awarded an $18mn contract to provide advanced environmental equipment to reduce emissions for a power plant in Africa, it has revealed.
BP (UK) and Eni (Italy) have completed the process of establishing Azule Energy, a new joint venture that will combine both companies’ upstream, LNG and solar energy assets in Angola.
Green energy has been delivered from the world’s first turbine equipped with Siemens Gamesa’s recyclable blades. The technology's first commercial installation recently took place at RWE Renewables’ Kaskasi offshore wind power off Germany.
Zero-carbon housing is a key battleground in combating climate change and global warming, as the residential building sector across Europe has the potential to cut fossil fuel dependency and reduce emissions.
New York State has issued a request for 2 GW of offshore wind projects. The solicitation is the state’s third for offshore wind.
US engineering and construction company MasTec has agreed to acquire renewable-focused infrastructure developer Infrastructure and Energy Alternatives (IEA) in a cash-and-stock transaction valued at about $1.1bn.
Iberdrola and BP have announced plans to form a strategic collaboration to accelerate the energy transition and to significantly expand fast EV public charging infrastructure to support the adoption of electric vehicles.
Estonia’s Enefit Green, part of Eesti Energia’s group of companies, has signed an agreement to acquire the Tootsi wind farm project from Eesti Energia and plans to build the wind farms in Tootsi and Sopi simultaneously
Norsk Solar has announced that the board of directors of Nordic Impact Co-operation (NIC) has approved the construction of six solar PV plants with a capacity of 18 MW in Brazil.
A consortium comprising Finnish energy utility Helen and Ålandsbanken Wind Power Fund has commissioned the Nordex Group to supply and install 25 N163/5.X turbines for the 147.5-MW Karahka wind farm.
Russia’s NovaWind and An Xuan Energy have signed a co-operation agreement for construction of a wind farm in Vietnam.
South Korea and Japan have both achieved new solar records in May in the midst of a coal and gas crisis, energy think-tank Ember said.
EU countries need to double the rate of annual wind and solar capacity additions to reach the volumes required to meet the 1.5C aligned 2030 green capacities, think-tank Ember said in a recent report.