Tag Archives: solar power

Lightsource bp Secures 10 Power Purchase Agreements in 2024, Expanding Global Renewable Energy Reach

(IN BRIEF) In 2024, Lightsource bp secured 10 power purchase agreements (PPAs) totaling 1.3GW across Europe, the Americas, and APAC, highlighting its strong presence in the renewable energy market. The company has partnered with major global corporations like H&M Group, … Read the full press release

APM Terminals Deepens Strategic Collaboration with Bahrain to Boost Economic Growth and Trade

(IN BRIEF) APM Terminals has signed a Letter of Intent (LOI) with Bahrain’s Ministry of Transportation and Telecommunications to strengthen their partnership and support the nation’s Economic Vision 2030. The collaboration aims to double terminal throughput by 2030, enhance trade … Read the full press release

Chemetall Transition to 100% Renewable Electricity at Michigan Facility to Reduce CO2 Emissions

(IN BRIEF) Chemetall, part of BASF’s Coatings division, has transitioned its Blackman Township production facility in Michigan to 100% renewable electricity, marking a significant step in its sustainability efforts. Partnering with BASF Renewable Energy, the facility will use wind and … Read the full press release

Iberdrola Secures Power Purchase Agreement for Ohio’s Blue Creek Wind Farm, Supporting Clean Energy and Local Communities

(IN BRIEF) Iberdrola, through its U.S. subsidiary Avangrid, has signed a power purchase agreement (PPA) with American Municipal Power (AMP) to supply clean energy from the Blue Creek wind farm in Ohio. This partnership will support Ohio’s rural communities economically, … Read the full press release

ABB India Celebrates 75 Years of Innovation and Sustainable Growth in India

(IN BRIEF) ABB India is celebrating 75 years of operations, having played a significant role in India’s industrial and technological development since its inception in 1949. The company has contributed to electrification, automation, and digitalization across sectors such as utilities, … Read the full press release

EIB Provides €70 Million Loan for Stadtwerke Reutlingen’s Infrastructure Investment

(IN BRIEF) Stadtwerke Reutlingen has received a €70 million loan from the European Investment Bank (EIB) to modernize its electricity grid and expand its district heating network as part of Germany’s energy transition. The loan will fund infrastructure upgrades, including … Read the full press release

M&S Expands Fleet with 85 Zero and Low-Emission Vehicles as Part of Net Zero 2040 Commitment

(IN BRIEF) Marks & Spencer (M&S) has announced the addition of 85 zero and low-emission vehicles to its logistics fleet as part of its Plan A strategy to achieve Net Zero by 2040. This includes five battery-electric heavy goods vehicles … Read the full press release

Vattenfall’s Symbizon Agri-PV Park Launches in the Netherlands, Pioneering the Integration of Solar Power and Farming

(IN BRIEF) Vattenfall has launched its first agri-PV park, Symbizon, in the Netherlands, which combines solar energy generation with agriculture. Though small at 0.7 MWp capacity, the project aims to optimize the coexistence of solar panels and farming, with solar … Read the full press release

RWE Secures Long-Term Solar Power Deals with Meta to Boost Renewable Energy Supply in the U.S.

(IN BRIEF) RWE has signed two long-term power purchase agreements (PPAs) with Meta to supply clean energy from two solar farms under construction in the U.S., with a combined capacity of 374 megawatts. These solar projects, located in Illinois and … Read the full press release

EBRD and Eiffel Investment Group Drive Renewable Energy Growth in Romania with €24.4 Million Solar Power Investment

(IN BRIEF) The European Bank for Reconstruction and Development (EBRD) and the Eiffel Investment Group are jointly providing €24.4 million for the construction of two solar power plants in Romania’s Dolj County. Each organization is contributing €12.2 million to the … Read the full press release

ANDRITZ and Trinity Touch Forge Strategic Alliance to Fortify Solar Power Sector

(IN BRIEF) ANDRITZ, an international technology group, and Trinity Touch Pvt. Ltd., a leading provider of electrical monitoring solutions for solar power plants, have joined forces in a strategic partnership aimed at enhancing efficiency and security in the solar energy … Read the full press release

AFRY Strengthens Renewable Energy Portfolio with Carelin Oy Acquisition

(IN BRIEF) AFRY has announced its acquisition of Carelin Oy, a leading provider of project management, energy, and asset care services in the Finnish renewable energy market. This strategic move aims to enhance AFRY’s offerings in the renewables sector, allowing … Read the full press release

Lightsource bp and REA Discuss Solar Power’s Role in a People-Centric and Nature-Friendly Energy Transition at COP28

(IN BRIEF) Lightsource bp and the UK’s Renewable Energy Association (REA) convened a high-level roundtable discussion during COP28, focusing on the role of solar power in facilitating an energy transition that prioritizes both people and nature. With 117 nations aiming … Read the full press release

Ombrea Acquisition Enhances TotalEnergies’ Commitment to Green Agriculture

(IN BRIEF) TotalEnergies has successfully acquired Ombrea, a leading French agrivoltaics company. Ombrea, established in 2016, specializes in integrating agriculture and solar power generation. With this acquisition, TotalEnergies aims to accelerate the development of agrivoltaic projects in France and worldwide, … Read the full press release

IRENA Report: Solar Power Leads Sharp Decline in Renewable Energy Costs, Indicating Transformative Shift

(IN BRIEF) A recent International Renewable Energy Agency (IRENA) report indicates that 86% of newly commissioned renewable electricity capacity in 2022 cost less than fossil fuel-generated electricity. Solar power notably contributed to this trend, with its global average cost dropping … Read the full press release

Vattenfall Expands German Solar Development Portfolio with Acquisition of Solizer

(IN BRIEF) Vattenfall, a leading energy company, has acquired Solizer, a German solar developer, as part of its efforts to enable fossil-free living. The acquisition includes an experienced team and a pipeline of large-scale solar projects in Germany, totaling 4 … Read the full press release

Alstom and Schneider Electric Enter Solar Power Purchase Agreement to Drive Decarbonization Efforts

(IN BRIEF) Alstom and Schneider Electric have announced a significant Power Purchase Agreement (PPA) focused on solar development in Spain. The PPA involves a 160 GWh/year solar farm project, which will cover around 80% of Alstom’s electricity consumption in Europe. … Read the full press release

DNV Research Reveals Growing Importance of Solar-Plus-Storage in Global Energy Transition

(IN BRIEF) DNV’s research highlights that solar-plus-storage solutions are crucial for enhancing the efficiency and resilience of global energy networks, according to 92% of energy industry professionals. Solar-plus-storage, often referred to as the “power couple,” addresses the intermittency issues of … Read the full press release

Albania Launches Tender for 300MW Solar Power as Part of EBRD Renewable Energy Auction

(IN BRIEF) The Albanian government, as part of the European Bank for Reconstruction and Development’s (EBRD) Renewable Energy Auction program, is set to launch a tender for 300 MW of solar power, with the goal of adding at least 1 … Read the full press release

ArcelorMittal Brazil partners with Casa dos Ventos for 554 MW wind power project in Bahia

(IN BRIEF) ArcelorMittal Brazil has partnered with renewable energy producer Casa dos Ventos to develop a 554 MW wind power project in Bahia, Brazil. ArcelorMittal will hold a 55% stake in the joint venture, with Casa dos Ventos holding the … Read the full press release