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African Development Bank Secures $52.5 Million For 100 Megawatts Of Zambia Renewable Energy
The African Development Bank has this week secured $52.5 million in funding from the Green Climate Fund for Zambia’s Renewable Energy Financing Framework which will seek to finance 100 megawatts (MW) of renewable energy. The funding was approved at the…
ACCIONA To Cover National Mining Company Of Chile’s Electricity Consumption With 100% Renewables
Global leader in renewable energy and infrastructure ACCIONA has been awarded the contract to supply 100% of The National Mining Company of Chile’s electricity consumption with renewable energy and will start building a new solar PV plant for that purpose.…
Fifth Third Bank Commits & Succeeds In Going 100% Renewable With Single Solar PPA
Ohio-based Fifth Third Bank has become the first Fortune 500 company, the first bank, and the first RE100 member to achieve its goal of securing 100% of its power consumption with renewables in a single Power Purchase Agreement from a…
Microsoft Inks First Renewable Energy Deal in India
Microsoft has this week announced that it has inked its first-ever renewable energy deal in India, a small solar Power Purchase Agreement with Atria Power in the Indian state of Karnataka. Announced on Tuesday, Microsoft confirmed that it had signed…
Statoil Acquires 50% Interest In 1.2 Gigawatt Polish Offshore Wind Farms
Norwegian oil and gas giant Statoil has announced this week it has signed an agreement to acquire a 50% interest in the early phase development of two offshore wind farms in Poland with a combined capacity of 1.2 gigawatts. Statoil,…
ENGIE North America Secures 320 Megawatt Solar Pipeline In SoCore Energy Acquisition
ENGIE North America has this week announced the acquisition of Chicago-based SoCore Energy and its 320 megawatt pipeline of operational and late-stage development solar and battery storage projects. The North American subsidiary of French multinational electric utility company ENGIE announced…
Vattenfall Plans €100 Million Investment In Large-Scale Solar
Swedish power company Vattenfall, known most recently for its wind energy development, has announced that it plans to invest €100 million in large-scale solar energy generation over the next two years, as part of the company’s plans to become fossil…