Solar Energy International News

PepsiCo Targeting 100% Renewable Electricity in the US

PepsiCo plans to achieve 100% renewable electricity for its US direct operations this year, covering nearly half of its total global electricity consumption Some of America’s favourite snacks and beverages – from Lay’s and SunChips to bubly, Gatorade and Pepsi – will soon be made using electricity from renewable sources, such as wind and solar. […]

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Financial Services Firm Visa Reaches 100% Renewable Electricity Goal

Visa has announced that it has met its goal to use 100% renewable electricity by 2020, furthering its commitment to lead sustainably across its operations American financial services corporation, Visa has announced that it has met its goal to use 100 percent renewable electricity by 2020, furthering the company’s commitment to lead responsibly and sustainably […]

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Masdar and Cepsa Form JV to Develop RE Projects in Spain and Portugal

Masdar and Cepsa have announced an agreement to establish a JV company to develop renewable energy projects in Spain and Portugal. Masdar, one of the world’s leading renewable energy companies and a subsidiary of Mubadala Investment Company, and Cepsa, a global energy and chemical company owned by Mubadala and the Carlyle Group, has announced an […]

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European Commission Announces new Green Deal Worth €1 tn

The European Union is committed to becoming the first climate-neutral bloc in the world by 2050, announcing a green deal worth EUR 1 trillion to achieve that target. The European Union is committed to becoming the first climate-neutral bloc in the world by 2050. This requires significant investment from both the EU and the national […]

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Volkswagen to Become World’s Largest EV Manufacturer by 2028

Wood Mackenzie expects Volkswagen to miss its target of 22 million EVs target, but in the process still become the leading EV manufacturer globally. The Volkswagen (VW) group has pledged to become carbon-neutral by 2050. Included in its roadmap for reaching this target is a plan to manufacture 22 million electric vehicles (EV) by 2028. […]

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Electricity Procurement Contracts Down 11% in December 2019: Report

Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to a new database. Electricity procurement contracts in December 2019 saw 47 contracts announced, marking a drop of 11 percent over the last 12-month average of 53, according to GlobalData’s power […]

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Enel Starts Operation of 475 MW of Solar Capacity in Brazil

Enel Group’s Brazilian renewable subsidiary has started operations of the 475 MW section of São Gonçalo solar PV plant in the northeastern state of Piauí The Enel Group’s Brazilian renewable energy subsidiary Enel Green Power Brasil Participações Ltda. (EGPB) has started operations of the 475 MW section of São Gonçalo solar PV plant, located in […]

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Altus Power Raises USD 850 Million to Expand Solar Portfolio

Altus Power has announced that Blackstone has led a recapitalisation with USD 850 million to refinance the existing capital structure and fund future development Altus Power America, a market-leading solar power company that provides clean electricity to commercial, industrial and municipal clients across the US, has announced that Blackstone, through its GSO Capital Partners LP and Blackstone Insurance Solutions groups, has […]

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NEC Energy to Provide 100 MW Storage Projects in Northern Ireland

NEC Energy Solutions has announced that it will provide 100 MW of energy storage in Northern Ireland for the Gore Street Energy Storage Fund (GSF). NEC Energy Solutions has announced that it will provide 100 MW of energy storage in Northern Ireland for the Gore Street Energy Storage Fund (GSF) and project developer Low Carbon. […]

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