Energy company ERG’s board of directors have approved a plan to invest €1.9 billion (US$2.31 billion) to add 1.5GW of renewable energy capacity to its portfolio.
Portuguese grid operator Redes Energéticas Nacionais has said it will invest more than €900 million (US$1.1 billion) by 2024 in technologies and improvements to the electricity network to support the country’s green energy transition.
Asset managing giant BlackRock has raised US$4.8 billion from institutional investors to fund renewable power generation projects in Europe, Asia and the Americas.
Global capital investment on renewables is expected to return to pre-pandemic levels in 2021, with solar PV set to account for the majority of clean energy capacity additions in the next five years, according to IHS Markit Energy Advisory Service.
Hit by grid connection challenges, large-scale renewable energy projects committed in Australia in the second quarter of 2020 were at their lowest level since 2017, according to new data from the Clean Energy Council.
In this week's Movers & Shakers, PV Tech reports on employment happenings across the globe in Europe, the US and the Middle East. ACWA Power creates a new clean energy division, the executive director of the IEA wins a prize and 8minutenergy's general counsel is appointed to the US Department of Commerce's Renewable Energy and Efficiency Advisory Committee (REEEAC).
Global investment in clean energy for Q3 2016 has plummeted 43% year-on-year, sinking to lows not seen since 2013, says Bloomberg New Energy Finance’s (BNEF) latest report.
In the first Presidential debate last night, candidates Donald Trump and Hillary Clinton could not have made their differing opinions on solar and climate change clearer.
The World Bank Group today signed an agreement with the International Solar Alliance (ISA), which was formed at the COP21 Paris summit last year, and is comprised of 121 countries led by India, to partner on scaling up solar energy use globally, with the goal of mobilising US$1 trillion in investments by 2030.
Private infrastructure investment in solar energy during 2015 grew to US$9.4 billion, 72% higher than the average of the previous five years, according to new World Bank figures.
