ACCIONA and ACCIONA Energía have developed a new sustainable impact financing framework applicable to both debt issues and bank loans, including quantitative environmental and social objectives. These targets go beyond those included in the sustainable financing models currently available on the market. The new formula incorporates additional initiatives and indicators of “positive impact” on the … Continue reading Acciona Energía add local impact to new Green Financing Framework
Continue readingMonthly Archives: July 2023
Viking Wind Farm spends more than £70 million with supply chain
Viking Wind Farm has spent more than £70 million so far since work on the project commenced in 2020. The spend with local suppliers benefits not only Shetland, but also the wider Scottish and UK supply chain, while creating or supporting approximately 400 jobs during the ongoing construction of the SSE Renewables’ flagship onshore wind … Continue reading Viking Wind Farm spends more than £70 million with supply chain
Continue reading
Digital tools will help keep distributed solar PV growing strongly
Australia has the world’s highest share of rooftop solar per capita. With installations in more than 30% of the country’s homes, capacity topped 19 GW in 2022. The estimated 3 GW of rooftop PV projected to be installed this year alone will provide electricity to over 650 000 additional households, or about 6% of all … Continue reading Digital tools will help keep distributed solar PV growing strongly
Continue reading
The heat wave causes the largest demand in this year in Spain and Italy and raises prices in European markets
The high temperatures registered during the third week of July caused 2023 demand records in Spain and Italy on the 19th and increases in other markets. In France, the weekly photovoltaic energy production was the highest in history, but in most markets the solar and wind energy production fell. All these factors, together with the … Continue reading The heat wave causes the largest demand in this year in Spain and Italy and raises prices in European markets
Continue reading
Naturgy concludes the first six months of the year with improved financial performance, increased investments and reduced debt
Naturgy released its financial results for the first six months of 2023 to the market, along with the strategic review for the 2025 horizon recently approved by its Board of Directors. These developments come after the company exceeded all objectives outlined in its 2018-2022 Strategic Plan. The first half of the year was characterised by … Continue reading Naturgy concludes the first six months of the year with improved financial performance, increased investments and reduced debt
Continue reading
Philadelphia Interfaith Group Pushes for More Solar and Wind Power Contracts from PECO
A Philadelphia interfaith group is urging southeastern Pennsylvania utility PECO to sign long-term contracts for solar and wind power, challenging the utility’s preference for short-term contracts that favor fossil fuels. Power Interfaith, the group behind the initiative, argues that solar and wind power are cheaper alternatives to burning fossil fuels. According to Julie Greenberg, the … Continue reading Philadelphia Interfaith Group Pushes for More Solar and Wind Power Contracts from PECO
Continue reading
Exploring Renewable Energy Potential in Angola: Tapping into Solar, Wind, and Hydro Power Resources
Angola, a country located in Southern Africa, has been making significant strides in its energy sector, particularly in the exploration and development of renewable energy resources. The nation is endowed with abundant natural resources, including solar, wind, and hydro power, which have the potential to transform its energy landscape and contribute to sustainable development. However, … Continue reading Exploring Renewable Energy Potential in Angola: Tapping into Solar, Wind, and Hydro Power Resources
Continue reading
Exploring Renewable Energy Sources in Palau
In the heart of the Pacific Ocean, the island nation of Palau is embarking on a remarkable journey towards sustainability. Recognizing the detrimental effects of climate change and the need for renewable energy, Palau is exploring various renewable energy sources to combat the environmental crisis and ensure a sustainable future. As a small island nation, … Continue reading Exploring Renewable Energy Sources in Palau
Continue reading
Octopus Energy to Invest $20 Billion in Offshore Wind by 2030
Octopus Energy has announced plans to invest £15.5 billion in offshore wind projects and farms by 2030. The British energy group’s renewables generation arm said the money will go towards the generation of 12 gigawatts of renewable electricity per year, which is enough to power 10 million homes. The investment will be targeted at existing … Continue reading Octopus Energy to Invest $20 Billion in Offshore Wind by 2030
Continue reading
Turkey: TotalEnergies partners with Rönesans Holding to develop wind power and other renewables
TotalEnergies has signed an agreement with Rönesans Holding to acquire a 50% stake in Rönesans Enerji and jointly develop, through this joint-venture, renewable projects in Turkey, which is a liberalized growing electricity market. Rönesans Enerji is currently operating a portfolio of 166 MW hydro assets. The company has as well secured a pipeline of more … Continue reading Turkey: TotalEnergies partners with Rönesans Holding to develop wind power and other renewables
Continue reading
Acciona launches decarbonization program for SME suppliers
ACCIONA has launched the “Supplier Decarbonization” program to support small and medium-sized enterprises (SMEs) that form part of its value chain in the design of a realistic climate neutrality strategy. Participation in the program is voluntary and free of charge for these companies, which are selected from sectors of activities with high emissions. ACCIONA thus … Continue reading Acciona launches decarbonization program for SME suppliers
Continue reading
Ørsted divests its remaining 25 % share of London Array to funds managed by Schroders Greencoat
Ørsted has signed an agreement with funds managed by Schroders Greencoat, a global specialist asset manager focusing on renewable energy infrastructure assets, to divest its remaining 25 % minority interest in the London Array Offshore Wind Farm in the UK. The total value of the transaction is GBP 717 million (DKK 6.17 billion). London Array … Continue reading Ørsted divests its remaining 25 % share of London Array to funds managed by Schroders Greencoat
Continue reading
Exploring Renewable Energy Sources in Guinea
Guinea, a West African nation endowed with abundant natural resources, has long been reliant on imported fossil fuels to meet its energy needs. However, the country is now at a critical juncture in its journey towards energy independence. With a growing population and increasing demand for electricity, Guinea is exploring renewable energy sources as a … Continue reading Exploring Renewable Energy Sources in Guinea
Continue reading
The Growing Importance of Wind Power in Belarus’ Energy Market
Belarus, a landlocked country in Eastern Europe, is steadily making strides towards a more sustainable energy future. The country is gradually shifting its focus from traditional fossil fuels to renewable energy sources, with wind power taking center stage. This shift is driven by the growing recognition of the environmental and economic benefits of wind power, … Continue reading The Growing Importance of Wind Power in Belarus’ Energy Market
Continue reading
Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting
News Back 20/07/2023 Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting Ignacio Galán, Executive Chairman of Iberdrola, during the Avangrid 2023 Annual Shareholder Meeting. Avangrid, Inc. (NYSE: AGR), a leading sustainable energy company and member of the Iberdrola Group, today announced that shareholders overwhelmingly approved all presented proposals at … Continue reading Ignacio Galán reaffirms commitment to invest in the USA at Avangrid’s General Shareholders’ Meeting
Continue reading
The Tehachapi-Mojave Wind Resource Area: Harnessing Wind Energy in California
Renewable energy is abundant in the Tehachapi Mountains, specifically in the Tehachapi-Mojave Wind Resource Area. With over 5,000 turbines of varying sizes, this wind farm investment is one of the largest and most productive in the world. The Tehachapi-Mojave Wind Resource Area owes its success to the strong winds that blow from the Mojave Desert. … Continue reading The Tehachapi-Mojave Wind Resource Area: Harnessing Wind Energy in California
Continue reading
The Rise of Solar and Wind Power in Mexico’s Energy Market
The rise of solar and wind power in Mexico’s energy market has been nothing short of meteoric. Over the past few years, the country has emerged as a global leader in renewable energy, driven by a combination of favorable natural resources, progressive government policies, and growing private sector investment. As the world continues to grapple … Continue reading The Rise of Solar and Wind Power in Mexico’s Energy Market
Continue reading
Exploring the Potential of Renewable Energy Sources in Slovenia
Slovenia, a small European country with a population of just over 2 million, has been making significant strides in the field of renewable energy. The country’s commitment to research and innovation in the energy sector has led to the development of new technologies and strategies aimed at reducing its dependence on fossil fuels and increasing … Continue reading Exploring the Potential of Renewable Energy Sources in Slovenia
Continue reading
Italy’s Renewable Energy Sector Soars with 2.5 GW Additions in Six Months
The lush landscapes of Italy are witnessing a remarkable surge in renewable energy, heralding a major milestone in the nation’s clean energy endeavors. Reports indicate that in the first half of 2023, Italy added an impressive 2.5 gigawatts (GW) of new renewable capacity, bolstering the country’s clean energy production. According to the Monthly Electricity System … Continue reading Italy’s Renewable Energy Sector Soars with 2.5 GW Additions in Six Months
Continue reading
The Challenges and Potential of Offshore Wind Energy in the United States
Offshore wind energy has become a hot-button issue in the United States, but the country still lags behind Europe and China in terms of clean wind energy capacity. President Joe Biden has set a goal of 30 gigawatts of offshore wind power by 2030, but the industry has faced years of delays and obstacles. One … Continue reading The Challenges and Potential of Offshore Wind Energy in the United States
Continue reading
