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renewable energy

Italy Allocates 413 MW Of Renewable Energy Projects In 9th Auction

In a fresh development, the energy agency of Italy, Gestore dei Servizi Energetici (GSE), has announced the results of the 9th renewable energy auctions of the country. The agency allocated over 413 MW of capacity for renewable energy projects of over 1 MW in size. Out of the total RE allocation, the agency awarded over []

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Now Germany Adopts New Model For its Renewable Energy Tenders

Three further initiatives to support Germanys pish for more renewable energy sources for electricity production have been given the green light by the European Commission by EU State Aid regulations. A change from a fixed to a sliding market premium (New Model) in the payout structure for tenders supporting innovation is one of the approaches.  []

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Australias AGL Energy Plans to Invest $13B in Renewable Energy by 2036

An Australian energy generator and retailer, AGL Energy Ltd. recently announced to spend up to A$20 billion ($13 billion) by 2036 on renewable energy and accelerate the end of coal-fired generating by ten years. The countrys largest electricity producer and highest polluter made a U-turn following a vocal campaign by the top shareholder and billionaire []

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GE Renewable Energy To Supply 81 Turbines To 218 MW Wind Projects In India

GE Renewable Energy has orders from Continuum Green Energy to supply, install and commission 81 units of its 2.7-132 onshore wind turbines for the 218.7 MW wind power projects in Tamil Nadu and Madhya Pradesh states of India. GE said that the orders have been placed by Continuum subsidiaries Continuum MP Windfarm Development and Dalavaipuram []

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Saudi Arabia Sets Sights on Building Five Renewable Energy Projects

The Kingdom of Saudi Arabia is building five new projects for the production of renewable electricity. As per reports, the total capacity of the combined five RE projects will be 3,300 MW. The Saudi Power Procurement Company (SPPC) had announced recently that solar and wind sources will be employed to generate electricity. The company has []

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Ex-Orsted Executive Launches Renewable Energy Platform with US$100M

Declan Flanagan, former CEO of Orsted Onshore, has announced the launch of Bluestar Energy Capital, along with a $100 million for the development of greenfield renewable energy projects. In addition to Flanagan, other investors include S2G Ventures and Great Bay Renewables . As part of the transaction Aaron Rudberg, COO of S2G, and Frank Getman, []

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