Repsol acquires Asterion Energies, which manages a portfolio of 7,700 MW renewable assets in Spain, Italy and France, from the European infrastructure fund Asterion Industrial for 560 million euros, plus a maximum of 20 million in contingent payments.The operation marks a new milestone in compliance with Repsol’s 2021-2025 Strategic Plan, which plans to reach 6,000 … Continue reading Repsol accelerates its growth in renewables with the purchase of Asterion Energies and incorporates a portfolio of 7,700 MW
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Green Fuels for Denmark receives Danish IPCEI funding
The Danish Business Authority has awarded the Danish Power-to-X flagship project ‘Green Fuels for Denmark’ DKK 600 million as part of Denmark’s participation in the European IPCEI programme. The funding will go towards realising Green Fuels for Denmark’s first phases of 10 MW, 100 MW and 300 MW, respectively. The Green Fuels for Denmark consortium … Continue reading Green Fuels for Denmark receives Danish IPCEI funding
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ACP Statement on the Failure of the Senate to Pass the Building American Energy Security Act of 2022
The American Clean Power Association (ACP) released the following statement from JC Sandberg, ACP Interim CEO and Chief Advocacy Officer on the Senate’s failure to pass the Building American Energy Security Act of 2022: “It’s disappointing that the Senate wasn’t able to make progress on urgently needed permitting reform today. Permitting reform is essential for … Continue reading ACP Statement on the Failure of the Senate to Pass the Building American Energy Security Act of 2022
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222.5 million euros for wind power repowering, renovating small hydro and recycling wind turbine blades in Spain
Two of the Circular Repowering Programs will encourage technological renewal projects to provide greater energy efficiency to wind and hydroelectric generation facilities Aid will be granted for the complete replacement of wind turbines (150 million) and the technological and environmental renovation of hydroelectric plants (42.5 million), with the possibility of incorporating storage For the first … Continue reading 222.5 million euros for wind power repowering, renovating small hydro and recycling wind turbine blades in Spain
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ACP Statement on Building American Energy Security Act of 2022
The American Clean Power Association (ACP) released the following statement from JC Sandberg, ACP Interim CEO and Chief Advocacy Officer in support of the Building American Energy Security Act of 2022: “This permitting reform proposal would speed our country along the road to energy independence. Burdensome rules and regulations on energy generation and transmission are … Continue reading ACP Statement on Building American Energy Security Act of 2022
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Clean Energy Industry Sees Massive Investments Since August?
$40 billion in investments, 20 manufacturing facility openings that will create 7,000 new jobs, and over 13 gigawatts of new clean energy capacity announced. In just the last three months, over $40 billion of new grid-scale clean energy investments have been announced, a new report shows – the same amount as the total investment estimated … Continue reading Clean Energy Industry Sees Massive Investments Since August?
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RWE announces plans for new UK project combining solar, batteries, onshore wind and sustainable farming
Project would mark UK first for RWE with development of solar and battery storage in combination with existing onshore wind farm whilst supporting one of the largest lowland sheep farms. Tween Bridge Solar Farm to be located in south Yorkshire and north Lincolnshire. The project will also deliver a package of support for local community … Continue reading RWE announces plans for new UK project combining solar, batteries, onshore wind and sustainable farming
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Photovoltaic, concentrated solar power and wind energy in European energy markets
The rise in European energy markets prices continues with winter just around the corner. In the second week of December, European electricity markets prices increased, continuing the upward trend of recent weeks as temperatures drop. In the British market, £1585.82/MWh was reached in one hour of Monday the 12th, and daily prices exceeded €400/MWh on … Continue reading Photovoltaic, concentrated solar power and wind energy in European energy markets
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Acciona Energía has signed an agreement with Qcells to acquire the battery energy storage project
ACCIONA Energía has signed an agreement with Qcells, a subsidiary of the South Korean industrial group Hanwha Corporation, to acquire the battery energy storage system (BESS) project Cunningham, the largest of its kind in Texas, scheduled for commissioning in the first quarter of 2023. The deal also includes the acquisition of a portfolio of over … Continue reading Acciona Energía has signed an agreement with Qcells to acquire the battery energy storage project
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Acciona, one of the most sustainable companies
ACCIONA and ACCIONA ENERGÍA obtained the highest grade (A) in the exhaustive sustainability performance review carried out by the global non-profit organization CDP, which evaluated more than 18,600 companies from all over the world this year, of which only 283 achieved the highest mark. ACCIONA thus repeated its presence in this select group of companies … Continue reading Acciona, one of the most sustainable companies
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Germany’s 2022 renewable power production rises but still behind 2030 target
Germany’s power production from renewable energy rose in 2022, but it is still below the threshold needed to reach the target of generating 80% of electricity from renewables by 2030, the Environment Agency said on Monday. Renewable energy is expected to account for around 46% of German power consumption this year, up from 41% a … Continue reading Germany’s 2022 renewable power production rises but still behind 2030 target
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European electricity markets, Photovoltaic, concentrated solar power and wind energy production
Gas gives no respite and continues to push European electricity markets prices with the drop in temperatures. In the week of November 28, prices of all European electricity markets rose. Daily prices above €350/MWh were registered in several markets and in the British £1000/MWh were exceeded in a few hours. Temperatures continued to drop, which … Continue reading European electricity markets, Photovoltaic, concentrated solar power and wind energy production
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American Clean Power Association Names Jason Grumet as New CEO
The American Clean Power Association (ACP) today announced that it has named Jason Grumet as the organization’s Chief Executive Officer following unanimous approval by the Association’s Board of Directors. “ACP has quickly established itself as the voice of the clean energy industry and a highly effective advocate for policies that are unlocking America’s clean energy … Continue reading American Clean Power Association Names Jason Grumet as New CEO
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Iberdrola’s investment commitment to renewable energy in Portugal
Portugal’s Prime Minister António Costa has presented the new procedures to speed up renewable projects in the country from the Alcochete solar plant, which has just completed its construction. Iberdrola has reaffirmed its commitment to clean energy in Portugal and announced that it will accelerate its investments to expand the country’s renewable capacity during a … Continue reading Iberdrola’s investment commitment to renewable energy in Portugal
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Renewables Can Diminish Expensive Kyrgyz Energy Imports
Rising fossil fuel imports are adding to the financial burdens of Kyrgyztan’s energy sector, according to a new report published today by the International Renewable Energy Agency (IRENA). ‘Renewables Readiness Assessment: The Kyrgyz Republic’ identifies concrete actions that can help address the country’s energy challenges, develop a more diverse energy sector and improve the livelihoods … Continue reading Renewables Can Diminish Expensive Kyrgyz Energy Imports
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IEA predicts renewable energy to overtake coal by 2025
A report by the International Energy Agency says energy insecurity amid war in Ukraine is spurring a renewable power surge. Experts predict the sector will soon surpass coal as the world’s largest electricity source. The global capacity for producing renewable energy will soar by some 75% in the next five years, the International Energy Agency … Continue reading IEA predicts renewable energy to overtake coal by 2025
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Scaling solar in Brazil
Equinor has made final investment decision on the 531 MW Mendubim solar project in Brazil. The project underpins Equinor’s ambitions to accelerate growth in renewables and develop as a market-driven power producer in selected markets. Mendubim is developed as a joint venture between Scatec, Hydro Rein and Equinor, and is located in the state of … Continue reading Scaling solar in Brazil
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Industry and government must mobilize a clear roadmap to achieve UK climate targets by 2050
Energy leaders met today to discuss corrective action to achieve climate targets, as DNV, the independent energy expert and assurance provider, launched its UK Energy Transition Outlook (ETO), revealing that the country is not on track to meet mid-century decarbonization targets and that the industry and government must mobilize a clear roadmap to attain ‘net … Continue reading Industry and government must mobilize a clear roadmap to achieve UK climate targets by 2050
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Accelerating sustainable electrification and renewables to ensure growth and energy independence
Our strategic plan for 2023-2025 focuses on sustainable electrification and a strategic repositioning of the Group in six “core” countries. In three years’ time, 75% of the energy generated by Enel will be renewable. Accelerating the transition to renewable sources, in order to protect the climate and reduce the dependence of individual countries on imported … Continue reading Accelerating sustainable electrification and renewables to ensure growth and energy independence
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Iberdrola doubles its investment in R+D+i, to reach 4,000 million euros in 2030
Iberdrola, the private utility that invests the most in R&D worldwide, has invested more than €2 billion in the last ten years. Iberdrola takes another step forward in its commitment to innovation. The company aims to exceed €4 billion of investment in Innovation, Development and Research (R&D&I) activities by 2030. Thus, it will double its … Continue reading Iberdrola doubles its investment in R+D+i, to reach 4,000 million euros in 2030
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