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Adoption of the RES Law is a Major Step Forward

The recently adopted Law on Renewable Energy Sources has brought many positive changes and drew the attention of foreign and domestic investors. Citizens and businesses were given the opportunity to become prosumers...

Albania Launches First Tender for Wind Power

Albania has launched its first tender for utility-scale onshore wind power plants. Individual projects with a capacity of between 10 MW and 75 MW can apply. Several projects will be chosen; total...

100 MW Solar Plant to be Put Into Operation Near Samarkand

The government of Uzbekistan’s plans to develop 8 GW of solar and wind capacity by 2030 have received a major boost following the approval of an EUR 87.4 million financing package jointly...

EBRD Will Help Kazakhstan Achieve Carbon Neutrality by 2060

The European Bank for Reconstruction and Development (EBRD) and Kazakhstan have agreed to develop a long-term cooperation strategy to achieve carbon neutrality of the country’s power sector by 2060. The accord will...

African Countries Agree to Enhance Cooperation on Geothermal Development

More than 500 experts, governments, civils society, academia and the private sector representatives from Africa and other regions agreed on the agenda of regional cooperation and accelerating geothermal development in Africa, as...

EBRD and Donors Boost Green Financing in the Region

The Western Balkans is a key region for, and partner in, the EBRD’s green work. South-eastern Europe has huge potential for developing green energy, with its rivers providing hydroelectric power, its mountains...

Saudi Arabia to Build 2.6GW Solar Plant near Mecca

Saudi Arabia has signed a deal for a 2.6GW solar farm to be built in the Makkah Region. The facility, which will be located near the holy city of Mecca, will supply electricity...

Indian Solar Floats to the Top with New Deal

ReNew Power has secured a tender to build a new 3MW facility in VisakhapatnamAn Indian renewable energy company has won a proposal to develop a 3MW floating solar farmin Visakhapatnam.The facility to be...

Major Coal-Fired Power Plant in Washington to Go Solar

It was once Washington state's largest coal pit, a terraced, open-to-the-sky strip mine, five miles from the city of Centralia and halfway between Seattle and Portland, Oregon. Today, the coal beds are...

Ørsted Confirms Final Investment In Taiwan’s 120 Megawatt Formosa 1 Offshore Wind Farm

Danish wind energy giant Ørsted has confirmed its final investment decision for the second phase of Taiwan’s Formosa 1 offshore wind farm which will add 120 megawatts (MW) to the existing 8...

ACCIONA To Build 400 Megawatts Of Wind & Solar In Chile

Spanish renewable energy company ACCIONA has announced that it will build four new renewable energy projects worth a total of 400 megawatts (MW) in Chile, made up of two solar farms and...

Macquarie Group Invests In 226 Megawatt Australian Murra Warra Wind Farm

The 226 megawatt (MW) Murra Warra Wind Farm Stage One has announced financial close this week after securing investments from developer Renewable Energy Systems and banking giant Macquarie Group, which will allow...

India’s Essel Infra To Sell 685 Megawatts Of Solar Power Assets

Another Indian company which has a substantial renewable energy portfolio is looking to sell off its solar power assets. Essel Infraprojects, part of the Essel Group, is looking for buyers for its 685...

Norwegian Firm Signs Deal For 2 Gigawatt Solar Project In Iran

At a time when the future of the Iran nuclear deal seems uncertain, European companies are pushing forward with renewable energy cooperation with the Middle East country. Norwegian solar modules manufacturer Saga Energy...

Vestas, Tesla, Windlab, & Australian CEFC Partner On World’s First Utility-Scale Hybrid Wind, Solar, & Storage Project

A world first renewable energy project has taken its first steps in Australia, with big-name companies Vestas, Tesla, and Windlab backed by Australia’s Clean Energy Finance Corporation partnering on a $160 million,...

Micosoft Inks 15-Year Deal to Buy Power from GE’s Irish Battery Wind Farm

Microsoft has inked a 15-year deal to use 100 per cent of the power generated by GE's 37MW Tullehennel onshore wind farm in Ireland, in order to support growing demand for the...

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