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...
Enel Powers Up Texas with a Cutting-Edge Hybrid Solar and Battery Storage Project Enel North America has officially switched on its latest renewable energy powerhouse in Delta County, Texas, bringing a hybrid solar and battery energy storage system (BESS) online to drive the clean energy transition forward. What Makes Estonian...
South Sudan Powers Up: Ezra Group’s Solar & Battery Plant Sparks a Green Revolution! In a groundbreaking step toward sustainable energy, Ezra Group has officially launched South Sudan’s first-ever renewable energy source—a 20MW solar power plant paired with a 14MWh battery energy storage system (BESS). This project marks a pivotal...
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...
Powering Spain’s Green Future: Prime Capital & Fuyo General Lease Secure €46M Solar Financing In a major boost for Spain’s renewable energy sector, Prime Capital and Fuyo General Lease have successfully closed a €46 million debt financing deal to support the construction and operation of a 250MW solar portfolio owned...
New Zealand’s Solar Future: Harmony Energy & First Renewables Secure Funding for Groundbreaking 150MW Solar Project New Zealand is one step closer to a cleaner, greener future! Harmony Energy and First Renewables have officially reached financial close on their ambitious 150MW Tauhei Solar Project, setting the stage for one of...
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...
Teralight Powers Israel’s Renewable Energy Future with a 150MW Solar Farm Launch Teralight has officially received approval to commence commercial operations for its 150MW (dc) Ta’anach 1 solar project, a key milestone in the renewable energy sector of Israel. Located in the Ta’anach region, this solar farm not only signifies...
New Jersey Celebrates 5GW Solar Milestone, Doubling Capacity Since 2017 New Jersey has achieved a significant renewable energy milestone, reaching 5GW of installed solar capacity—more than double the state’s solar energy output since 2017. This accomplishment reflects the state’s dedication to clean energy and its commitment to combating climate change....
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