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renewable energy

Brookfield Renewable Announces Strong First Quarter Results

Brookfield Renewable Partners L.P. today reported financial results for the three months ended March 31, 2021. “We had a strong quarter, as we executed on our key priorities, including investing in growth, delivering on our corporate contracting initiatives and bolstering our liquidity,” said Connor Teskey, CEO of Brookfield Renewable. “The tailwinds for renewables are accelerating as […]

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SHV Energy Acquires Majority Stake in Indian C&I Solar Firm SunSource

SHV Energy will invest in SunSource Energy, a leading provider of distributed energy for C&I customers in India SHV Energy has announced that it will invest in SunSource Energy, a leading provider of distributed energy for commercial and industrial (C&I) customers in India with a presence across South-East Asia.  SHV Energy’s acquired majority stake is […]

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Virginia SCC Approves new Solar Projects Worth 500 MW of Dominion Energy

The Virginia State Corporation Commission (SCC) approved Friday the largest group of new solar projects for Dominion Energy Virginia customers. The nine new solar facilities will total nearly 500 megawatts, enough to power 125,000 homes at peak output with renewable energy. These projects represent a major step toward achieving the goals of the Virginia Clean […]

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Talen Energy Reveals 1 GW of Battery Storage Development Projects

Talen Energy Corporation has announced that it is developing a one gigawatt stand-alone battery storage projects across its U.S. footprint. This development is a part of its strategic transformation to renewable energy and digital infrastructure growth platform. The company is expected to develop these battery projects ranging from 20 to approximately 300 megawatts across three […]

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Hydrostor to Develop 1 GW Energy Storage Facility in California

Hydrostor has announced the development of a 1 GW of long duration energy storage project in the state of California. Hydrostor, a long-duration energy storage solution provider, announced the development of 1,000 MW (1 GW) of long duration energy storage project in the state of California. The California Public Utilities Commission has identified a need […]

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Boralex Signs a New Renewable Power Purchase Agreement, to Benefit IBM France

Boralex Inc. (“Boralex” or the “Corporation”) (TSX: BLX) announces the signing of a corporate PPA1, through which the Corporation will supply IBM’s France-based locations with renewable electricity. The agreement, effective January 1, 2021, covers a five-year period. Through this agreement, Boralex, a renewable energy pioneer and the largest independent producer of onshore wind power in France, will supply […]

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3.3 Million new Jobs in Wind Energy Sector by 2025: GWEC

A new analysis by GWEC has detailed that 3.3 million new wind power jobs can be created globally over the next five years. A new analysis by the Global Wind Energy Council (GWEC) has detailed that 3.3 million new wind power jobs can be created globally over the next five years thanks to major industry […]

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Italy’s Ecology Minister: 72% power to come from Renewables in 2030

Italy’s Ecology Transition Minister Roberto Cingolani revealed yesterday that the country will have to produce as much as 72% of its electricity with renewable sources in 2030 so as to fulfil the European emissions-reduction target of 55% set for the same year. While in conversation with the Italian daily la Repubblica, he said, “In 2030, […]

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Lithuania Well Placed to Lead on Clean Energy in Baltic Region: IEA

Lithuania has made impressive headway in its clean energy transition in recent years but needs to take action in several key areas to accelerate progress towards its goal of climate neutrality in 2050, according to a new policy review by the International Energy Agency. The European nation is seeking membership of the IEA, which conducted the […]

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