State-owned utility State Grid China, one of the world’s largest employers, has signed a memorandum of understanding (MoU) with German technology association VDE for cooperation in a range of priority areas, kicking off with a focus on smart energy and smart mobility.
Shell has signed an agreement to acquire a 43.83% interest stake in US solar developer Silicon Ranch Corporation from investment manager Partners Group for US$193-217 million.
Solar Energy Corporation of India (SECI) has issued a tender for EPC services on two 100MW solar PV projects for state-owned mining corporate Coal India Limited (CIL) in Madhya Pradesh.
France plans to invest €20 billion in its own energy transition plan to increase clean energy deployment by 70% over five years, while it has also moved to reduce connection costs for smaller-scale renewables by up to 40%.
Zimbabwe state-owned power company Zimbabwe Power Company (ZPC) has applied to develop three solar PV plants with the Zimbabwe Energy Regulatory Authority (ZERA).
Major utility E.On has powered up a new energy trading division in several European markets which it says will leverage the company’s renewable generation.