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renewable energy investment

Axpo Italia to buy 12 MWp from Canadian Solar’s upcoming Italian units

Guelph-headquartered solar PV modules manufacturer Canadian Solar Inc. today announced its signing of a long-term power purchase agreement (PPA) with Axpo Italia for the purchase of energy produced by two solar power plants under development totalling 12 MWp near Ragusa and Enna, in Sicily, Italy. Axpo Italia is the third largest operator in the free energy […]

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Norwegian Gen2 Partners with a Scottish Firm to Export Green H2 to U.K.

Gen2 Energy, a Norwegian green hydrogen producer, has signed a Memorandum of Understanding with the Scottish firm Port of Cromarty Firth to create a commercial pathway for the export of green hydrogen from Norway into the UK energy market. The development is not only expected to provide security of supply to customers wanting to adapt green hydrogen […]

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Aurora Solar Raises $250 Million to Digitize Solar Installations

Funding Round Led by Coatue Signals Market Interest in the Growing Solar Industry Aurora Solar, the industry’s leading software platform for solar sales and design, today announced it has closed a $250 million Series C funding round led by Coatue, with follow-on participation from existing investors ICONIQ Capital, Energize Ventures, and Fifth Wall. In just over two years, Aurora […]

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US-UK Companies Launch JV for 10 GW Wind Turbines in North Atlantic

Anglo-US renewable energy company Hecate Independent Power Ltd (HIP) and UK power plants developer Independent Power Corporation PLC announced on Friday the launch of their joint HIP Atlantic Project, under which 10 GW of fixed and floating offshore wind turbines will be installed in the North Atlantic to supply electricity to the UK power grid. The project’s total […]

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Alcoa to Investigate Low Emissions Alumina: ARENA

On behalf of the Australian Government, the Australian Renewable Energy Agency (ARENA) has today announced $11.3 million in funding to Alcoa of Australia Limited (Alcoa) to demonstrate technology that can electrify the production of steam in its alumina refining process using renewable energy. Australia is the world’s largest exporter of bauxite and one of the largest […]

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DSD Secures $85M in Financing to Support Pipeline of Distributed Generation Solar

Distributed Solar Development (DSD) announced today the closing of $85 million in tax equity financing from Bank of America to support its expanding pipeline of distributed generation solar projects in the commercial and industrial (C&I) market through 2021, with a sizeable portion going toward New York State Energy Development and Research Authority Value of Distributed Energy […]

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Solar Tracker Maker PVH set to Open First Solar Facility in the Middle East

California-headquartered PV Hardware (PVH), a Spanish solar tracker and mounting systems manufacturer, announced yesterday its plans to open a manufacturing facility in Saudi Arabia. The company’s first factory and branch in the Middle East will manufacture PV structures, solar tracking systems and robotic cleaning devices ‘Made-in-K.S.A.’, in response to the rules for domestic content recently outlined […]

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IEA Report Advises Shutting Out Fossil Projects Now, To Reach 1.5C Target

The International Energy Agency (IEA), one of the premier energy modeling agencies and until recently, a key backer of the perception that fossil fuel’s still have a future (of sorts), has finally changed track. In a recommendation that will surprise many people, and please even more who have been calling for the same, the agency […]

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Enel Green Power Begins Constructing 180 MW Wind Farm in Spain

The Italian renewable energy firm, Enel Green Power España (EGPE) yesterday announced the commencement of the construction of its new 180 MW wind farm located in Villar de Los Navarros in Zaragoza, Spain. The new wind farm has been named The TICO WIND plant which involves an investment of Euro 181 million and is expected […]

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