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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...
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...
France Committing €700 Million To International Solar Alliance, Says President Macron
The government of France will be committing €700 million in investment to the International Solar Alliance (ISA), the country’s president Emmanuel Macron has revealed.
The reveal was made by President Macron at the...
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...
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...
This Indian City Is 100% Solar-Powered
While technically not a city, Diu has become the first union territory in India to be fully powered by solar power.
Daman & Diu are geographically separated, but administratively form a single union...
As The Glaciers Of The Swiss Alps Melt, Hydroelectric Firms Look Toward Wind Power
Over the coming decades, some of the rivers in Europe that utilize hydroelectric facilities to generate electricity are expected to see greatly reduced water flows due to the rapid disappearance of glaciers...
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...
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...
Thomas LUBECK, IFC: Tailwinds to the Financial Market
International Finance Corporation - IFC, one of the five members of the World Bank Group, is the world's largest institution that encourages economic development by investing in the private sector in emerging...
UK Carbon Emissions Fall to 1890 Levels
The last time annual UK carbon dioxide emissions were as consistently low as they are currently air travel was still an unproven invention and Oscar Wilde was preparing to publish his first...
Dutch PM Calls for More Ambitious 2030 EU Climate Target
The Dutch prime minister has urged the EU to "raise the bar" on climate action by adopting a new emissions reduction target for 2030 of 55 per cent below 1990 levels.
The high-profile...
Researchers Unveil Several Ways to Limit Global Warming to 1.5°C by 2100
A group of researchers led by International Institute for Applied Systems Analysis has used new modelling scenarios to showcase several ways with which to limit global temperature rise to 1.5°C by 2100.
According...
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...
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...
Costs Fall In Latest French Onshore Wind Tender
Costs have fallen in the latest French onshore wind tender with a total of 22 projects totaling 508 megawatts being awarded at an average winning price of €65 MW/h, according to results...