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ReneSola Halves Forecast for Q4 2019 Citing Delay in Project Sale

ReneSola has updated its financial guidance for Q4 & fiscal year 2019 to reflect the delay in recognising revenue from the sale of a solar project in Canada ReneSola, a leading fully integrated solar project developer has announced that it has updated its financial guidance for the fourth quarter (Q4) and fiscal year 2019 to […]

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Fortum to Acquire Battery Recycling Specialist Crisolteq

Fortum is acquiring the entire shareholding in the Finnish growth company Crisolteq, a specialist in the recycling of valuable metals in li-ion batteries. Fortum has announced that it is acquiring the entire shareholding in the Finnish growth company Crisolteq, a specialist in the recycling of valuable metals in lithium-ion batteries. The investment strengthens Fortum’s position […]

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TERI Suggests Key Allocations and Policy Signals for Union Budget

TERI has presented its suggestions for key allocations and policy signals before the government rolls out the Union Budget For The Energy and Resources Institute (TERI), green is the only way to go as it has presented its suggestions for key allocations and policy signals before the government rolls out the Union Budget on February […]

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Need Transmission Infrastructure to Support Clean Energy Goals: Report

A new report has highlighted that without strategic expansion of transmission infrastructure, the ability to meet clean energy goals may be in jeopardy. A new report by WIRES, the international trade association that promotes investment in all aspects of the high voltage grid, highlights the concerns that without strategic and timely expansion of transmission infrastructure, the […]

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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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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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