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…
Lhyfe Secures €11M Grant to Build Sweden’s Green Hydrogen Hub In a major step towards a greener future, Lhyfe has secured up to €11 million in funding to construct a state-of-the-art renewable hydrogen production facility in southern Sweden. This initiative will play a crucial role in decarbonizing transport and industry,…
Powering a Greener Future: Axpo Partners with British Solar Renewables for a Game-Changing Solar PPA In an exciting leap towards sustainable energy, Axpo has inked a 10-year route-to-market power purchase agreement (PPA) with British Solar Renewables (BSR). This landmark deal ensures Axpo will buy all the energy generated by BSR’s…
NKT Secures €1 Billion HVDC Contracts to Advance Germany’s Energy Transition NKT has been chosen by TenneT, the Dutch-German transmission system operator, to deliver state-of-the-art high-voltage direct current (HVDC) power cable systems for two pivotal projects in Germany. These contracts, worth approximately €1 billion, underline NKT’s role as a leader…
European Energy’s 115MW UK Solar Sale Marks a Green Milestone European Energy has announced the successful divestment of three solar projects in the UK, totaling an impressive 115MW in combined capacity. The sale, made to an undisclosed buyer, includes the Marksbury Plain, Kincraig, and Vicarage Drove solar farms—each paving the…
Solarvest Holdings Berhad has achieved a remarkable milestone, announcing a record gross profit of RM55.2 million, fueled by declining solar panel costs and strategic growth in green energy solutions. This impressive achievement underscores the company’s leadership in Malaysia’s renewable energy sector and its commitment to driving sustainable growth. For the…
The American Clean Power Association (ACP) has unveiled its inaugural Solar Market Monitor, projecting a groundbreaking 2024 for the US solar industry with over 32GW of installations anticipated. This milestone not only highlights the rapid expansion of solar energy in the United States but also underscores ACP’s commitment to delivering…
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…
Acciona Energía Completes 47MW Hybrid Renewable Energy Plant in Spain Acciona Energía has successfully completed a new hybrid renewable energy plant in Spain, further strengthening the country’s sustainable energy infrastructure. The project combines a 19.7MW solar array with the pre-existing 26MW Peralejo wind farm located in the municipalities of Villalba…
German Utility enviaM Group Takes On Ambitious 700MW Solar Projects German utility enviaM Group has embarked on an impressive solar journey, undertaking projects with a total potential of more than 700MW in central Germany. This significant venture is a collaborative effort between enviaM subsidiary envia THERM and the ASG Group…
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