Renewable Energy Costs Continue to Decline, Outpacing Fossil Fuels Worldwide The cost of clean energy technologies, including wind, solar, and battery storage, is projected to fall by another 2-11% in 2024, according to a new report by BloombergNEF (BNEF). This decline would surpass last year’s record-breaking reductions, further solidifying renewables...
BP and Iberdrola Break Ground on Spain’s Largest Green Hydrogen Facility BP and Iberdrola have commenced construction on Spain’s largest green hydrogen plant, marking a major milestone in the country’s clean energy transition. The 25MW facility, located in Castellón, is poised to become a key driver of industrial decarbonization, while...
Ørsted Sets Ambitious 2030 Climate Targets to Accelerate Net-Zero Transition Introduction In a decisive move toward achieving its science-based 2040 net-zero goal, Ørsted has announced new 2030 climate targets, reinforcing its commitment to tackling greenhouse gas (GHG) emissions across its full value chain. These targets, which align with the 1.5°C...
Innova Sells Ducklington Solar Array to Schroders Greencoat – Powering the UK’s Green Future! Innova has successfully completed the sale of the 27.5MWp Ducklington Solar Array in Oxfordshire to Schroders Greencoat, marking another milestone in their shared commitment to accelerating the UK’s clean energy transition. A Major Step Toward Net...
Avery Dennison Joins Forces with Zelestra for Renewable Energy: A Decade-Long Commitment to Sustainability In a bold step toward a greener future, Avery Dennison has signed a 10-year virtual power purchase agreement (vPPA) with Zelestra, tapping into the renewable energy produced by Zelestra’s 44MW solar plant in Seville, Spain. The...
Megaom: The Rising Star in Renewable Energy and Battery Asset Management A new force in renewable energy is making waves on the global stage. Spain-based Megaom, a cutting-edge operation and maintenance (O&M) provider for renewable energy plants and battery storage assets, has officially launched with an impressive 3GW portfolio. This...
Sonnedix has officially inaugurated its 150MW Betierra solar project in Castilla-La Mancha, Cuenca, Spain, a monumental step that propels the company beyond the remarkable milestone of 1GW in owned and operated renewable energy capacity in the country. This achievement solidifies Sonnedix’s position as a leading solar PV player in Spain...
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