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Energy
Canadian Solar Sells 235 Megawatt California Solar Portfolio To Korean Utility
One of the world’s largest solar companies, Canadian Solar, announced this week that it had completed the sale of a portfolio of Californian solar projects worth 235 megawatts (MW) to Korea’s largest electric utility Korea Electric Power Corporation. Canadian Solar…
Macquarie Group Invests In 226 Megawatt Australian Murra Warra Wind Farm
The 226 megawatt (MW) Murra Warra Wind Farm Stage One has announced financial close this week after securing investments from developer Renewable Energy Systems and banking giant Macquarie Group, which will allow construction to commence immediately. Renewable Energy Systems (RES),…
New York State Approves 26 Large-Scale Renewable Projects, Seeks Exemption From Federal Offshore Drilling
New York State Governor Andrew Cuomo announced approval last week for 26 large-scale renewable energy projects, including 22 solar projects worth 647 megawatts (MW) and 733.58 MW worth of wind energy. At the same time, Governor Cuomo announced that his…
India’s Largest Solar Tender Of 3 Gigawatts Launched
Late last month, the Solar Energy Corporation of India launched a Request for Proposal (RfP) document for what will be the single largest solar power auction in the country’s history. This tender for 3 gigawatts of capacity will overtake a…
India Relaxes Terms For Federal Wind Energy Auctions
The Solar Energy Corporation of India has modified some requirements for the fourth federal-level wind energy auction. The modifications are likely to be welcomed by project developers, as participation has been made easier and penalties have been reduced slightly. First,…
Green Powerhouse: E.ON Agrees to Acquire Innogy from RWE in €43bn Deal
E.ON yesterday confirmed it has reached an agreement in principle to acquire rival RWE’s stake in renewables specialist Innogy in a deal worth an estimated €43bn that is set to reshape the European energy market. The German energy giants confirmed…
UK and Saudi Arabia Ink Clean Energy Partnership, as France Backs Global Solar Push
The controversial UK visit of Saudi Arabia’s Crown Prince Mohammed bin Salman culminated in a new clean energy agreement between the two countries, as the UK sought to underline the role it can play in supporting the Gulf State’s renewables…