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Ørsted and Nestlé Sign15-Year Offshore Wind PPA

Nestlé UK has signed a 15-year PPA with Ørsted to buy green power output worth 31 MW from the 573 MW Race Bank Offshore Wind Farm.   Nestlé UK, the UK subsidiary of one of the world’s largest food and beverage companies, Nestlé, has signed a 15-year indexed fixed-price power purchase agreement (PPA) with Ørsted, […]

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Tripura Tenders for Battery Bank for Off-grid Solar Plants in Health Establishments

TREDA has issued a tender for the establishment of battery bank for the existing solar PV off-grid power plants in Health Establishments in Tripura The Tripura Renewable Energy Development Agency (TREDA) has issued a tender for the establishment of battery bank for the existing solar PV off-grid power plants in Health Establishments in the state […]

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Iberdrola Accelerates EV Plans, to Install 150,000 Charging Points by 2025

Iberdrola has decided to ramp up its sustainable mobility plan, and it plans to install 150,000 EV charging points within the next five years. Iberdrola has decided to ramp up its sustainable mobility plan, with more investment – a total of 150 million euros – to provide an even larger number of electric vehicle (EV) […]

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Shell Signs Power Offtake Deal for 100 MW Storage System in England

Shell Energy Europe has agreed on a multi-year power offtake deal that enables the installation of the 100 MW Minety power storage project in England. Shell Energy Europe Limited (SEEL) has agreed on a multi-year power offtake deal that enables the installation of Europe’s biggest battery, the 100-megawatt (MW) Minety power storage project in south-west […]

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Competitive Power Announces 150 MW Solar Project in Pennsylvania

Competitive Power Ventures has announced its latest renewable energy project, a 150 MW solar facility in Portage and Summerhill Townships, Pennsylvania. Competitive Power Ventures (CPV) has announced its latest renewable energy project, Maple Hill, a 150-megawatt (MW) solar facility in Portage and Summerhill Townships, Pennsylvania. According to the firm, construction on the project will begin […]

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Siemens to Acquire Iberdrola’s Stake in Siemens Gamesa RE for EUR 1.1 Bn

Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Iberdrola after the supervisory board approved the purchase Siemens AG will acquire all the shares of Siemens Gamesa Renewable Energy (SGRE) held by Spanish utility Iberdrola S.A. At its regular meeting, the Supervisory Board of Siemens AG has approved the […]

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Over 7.5 GW of RE Capacity Commissioned up to December 2019: RK Singh

RK Singh has informed that just over 7.5 GW of new renewable energy (RE) capacity has been commissioned in the financial year 19-20 up to December 2019. Union Minister for Power and New and Renewable Energy, RK Singh in response to a question raised in the Rajya Sabha has informed that just over 7.5 GW […]

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US DOE Announces $297 Mn for Sustainable Transportation Research

The US DOE has announced an investment of USD 297 million in funding for research and development of sustainable transportation technologies. The US Department of Energy (DOE), has announced the investment of USD 297 million in funding for research and development of sustainable transportation resources and technologies.  The investment, split up between three, separate funding […]

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Renew Financial Sells Residential PACE Assets for $160 Million

Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank Renew Financial has announced the sale of USD 160 million of residential Property Assessed Clean Energy (PACE) assets to Amalgamated Bank, America’s socially responsible bank. PACE programs allow property owners to finance the costs […]

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