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Europe

DSM Signs Largest Renewable Energy PPAs with EDPR, Origis Energy

Dutch multinational active in nutrition, health and sustainable living, Royal DSM has inked its largest renewable energy (RE) Power Purchase Agreements (PPAs) to date with EDPR and Origis Energy in Europe and USA respectively. With the signing of the PPA with EDPR, the company will source renewable power from 1 wind energy and 2 solar […]

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The Woodmac Weekly Update on Renewable Energy Worldwide

In the third of its weekly updates for the global renewables industry, Wood Mackenzie, the global research firm has shared its report for the week ending April 20. Solar and storage expected to see ~20% coronavirus impact compared to base case. Onshore wind impact is more muted in near-term, but cascading supply chain and construction […]

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China’s March Jump in PV Exports Unlikely To Sustain

China-based manufacturers got some relief in March, as PV equipment exports spiked 160 percent to 7.49 GW over the 2.83GW figure for February 2020. March was when most Chinese manufacturers restarted operations after the lockdown and disruptions caused there, by the Covid-19 outbreak. A resumption to full production is still in doubt, with restrictions rolling […]

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Renewable Energy can Support Resilient and Equitable Recovery: IRENA

Advancing the renewable-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, IRENA has revealed. Advancing the renewable-based energy transformation is an opportunity to meet international climate goals while boosting economic growth, creating millions of jobs and improving human welfare by 2050, the first Global Renewables Outlook released by the […]

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Siemens Gamesa Secures 184 MW Wind Turbine Orders in Poland

Siemens Gamesa has continued its winning streak in Poland following the award of 3 projects totaling 184 MW at the last auction round held in December 2019. Siemens Gamesa Renewable Energy has announced that it has continued its winning streak in Poland following the award of three projects totaling 184 MW at the country’s last […]

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COVID-19 Halts up to 3 GW of Wind, Solar Projects in Australia

The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 GW of projects The global COVID-19 pandemic has hit the renewables industry hard in Australia, postponing or cancelling the financial close of up to 3 gigawatts (GW) of projects according to a new […]

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Solar PV Corporate Funding Expected to Take a hit

Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic will see the solar PV funding take a hit Lack of venture capital investment and reduced public market financing activity due to the COVID-19 pandemic is squeezing cash flows. Between January and March this year, total corporate funding in […]

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IEA Finalises $65 Mn Construction Contract for 150 MW Wind Project

IEA has finalised a USD 65 million wind construction award in the state of Iowa. The award is for the construction of a 150 MW wind farm. The Infrastructure and Energy Alternatives (IEA), a leading infrastructure construction company with specialised energy and heavy civil expertise, has announced that the Company finalised a USD 65 million […]

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BlackRock Raises USD 5.1 Bn for Global Energy & Power Infrastructure Fund III

BlackRock has achieved a USD 5.1 billion final close of Global Energy & Power Infrastructure Fund III (GEPIF III) BlackRock through its Global Energy & Power Infrastructure Fund (GEPIF) has achieved a USD 5.1 billion final close of Global Energy & Power Infrastructure Fund III (GEPIF III), making it the largest alternative investment fundraise in […]

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