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European Union

France to Vote on Landmark Renewable Energy Acceleration Bill Tomorrow

In September 2022, Emmanuel Macron, the President of France, introduced the Renewable Energy Acceleration Bill. The proposed Bill seeks to accelerate the deployment of renewables. Tomorrow, that is, January 10, will prove to be a significant day for France as its National Assembly will pronounce its vote on the Bill. There have been a slew […]

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Altus Buys 220 MW Solar Portfolio from RE Equity Firm TGC in USA

Connecticut based renewable energy infrastructure private equity firm, True Green Capital Management has announced that it has signed a binding agreement last week with Altus Power to sell a portfolio of approximately 220 megawatts (MW) of distributed solar assets. The value of the deal is revealed as $293 million. TGC and Altus Power expect the […]

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L&G NTR Acquire Three Solar Power Projects Of 115 MWp In Spain

The L&G NTR Clean Power Fund has announced that it has acquired three Spanish pre-operational solar power projects from BayWa r.e. L&G NTR Clean Power Fund is managed by Legal & General Investment Management and NTR which again is a renewable energy specialist. The three solar power projects, two of which are located in Castilla […]

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Tata Power-DDL & NTPC School of Business to Nurture Manpower in RE Sector

A joint venture between Tata Power and the Government of Delhi, Tata Power Delhi Distribution Ltd (Tata Power-DDL) recently signed a Memorandum of Understanding (MoU) with NTPC School of Business to advance its vision of building a sizable pool of qualified and trained manpower in the energy sector. By combining the knowledge and resources of […]

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Octopus Energy Invests In FFNEV; Eyes Iberia, EU and Latin America

Octopus Energy – the wind and solar player of the United Kingdom – is bullish on the development of renewable energy in the Iberian Peninsula. The fresh evidence comes from the power generation unit of Octopus Energy investing in renewables energy player FF New Energy Ventures (FFNEV). Octopus Energy held that the investment is aimed […]

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Enfinity Global Raises €142 Million For 112 MW Solar Projects In Italy

Leading US-based renewable energy and sustainability services provider Enfinity Global Inc has closed EUR 142 million in long-term and VAT financing, and LCs facilities for the construction of three utility-scale solar power plants in Italy. The combined total capacity of the three solar power plants will be 112 MW. The 112 MW portfolio is located […]

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UK Signs MoU with EU, North Sea Countries for Offshore Wind

Graham Stuart, Minister for Energy and Climate, the United Kingdom, has signed a landmark agreement on renewable energy cooperation with European Union (EU) and North Seas countries. The official statement of the UK government has held that the Memorandum of Understanding (MoU) with the North Seas Energy Cooperation (NSEC) forum fulfils commitments in the UK-EU […]

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US, Canada, India will Make up 80% of Global Expansion of Biofuel Use: IEA

A study titled “Analysis and Forecast to 2027” has been released by the IEA (International Energy Agency). The IEA’s main analysis of the industry, Renewables 2022, is based on recent changes in market conditions and policy. It projects the adoption of renewable energy technologies for electricity, transportation, and heating through 2027 while also examining the […]

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Solar Recycling Picking Up Pace

The strong growth of the solar energy sector in the recent year – especially in the last decade – and the constant call for ‘circular economies’ citing environmental concerns will be harbingers for the solar recycling industry. The value of recovered raw materials from discarded solar panels has the potential to increase up to $450 […]

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