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Energy Economy

Google signs PPAs on 400-MW Texas solar project portfolio

Google signs PPAs on 400-MW Texas solar project portfolio

Solar Power Plant
11-05-2020

Financing Arranged for 200MW Ohio Solar Facility
Innergex Renewable Energy has announced the closing of a construction-financing, tax-equity commitment for a 200MW solar facility in southern Ohio.
11-05-2020

Atlantica Yield Nets USD 143m in Green Project Financing
Atlantica Yield Plc said it has secured green non-recourse project financing it expects to use to fund new investments in renewable assets.
09-05-2020

Innergex Closes USD-192m Financing for Ohio Solar Project
Canada-based Innergex Renewable Energy Inc said on Thursday it has obtained a total of USD 191.8 million in financing for the 200-MW Hillcrest solar photovoltaic (PV) project in the US state of Ohio.
09-05-2020

50Hertz's Parent to Fund Offshore Grid Links with EUR-750m Green Bond
The parent company of 50Hertz Transmission GmbH, the transmission system operator (TSO) in northern and eastern Germany, has placed a EUR-750-million (USD 813m) green bond to finance the grid links for 1.5 GW of offshore wind farms.
Crude Oil
09-05-2020

Crude Oil Futures Rise on Spot Demand
Crude oil prices on Friday rose Rs 40 to Rs 1,874 per barrel as participants widened their positions on firm spot demand.
Solar Power Plant
09-05-2020

Innergex Achieves Financial Close for 200MW Hillcrest Solar Project in Ohio, US
Independent renewable power producer Innergex has secured financing for the 200MW Hillcrest solar photovoltaic project.
Market Analysis
08-05-2020

Renewables Overtake Coal in US Power Generation
Hydropower plants, solar farms, and wind farms generated more electricity than coal in the United States for a record 40 days in a row, the Institute for Energy Economics and Financial Analysis said in a new report.
Wind Power Company
08-05-2020

Wind Turbine Maker Vestas Falls to First-Quarter Operating Loss
Vestas, the world's largest maker of wind turbines, on Tuesday reported a surprise operating loss for the first quarter.
Wind Power Project
08-05-2020

Iberdrola Acquires Aalto Power for €100m in France
Iberdrola Renovables France has acquired French renewable energy company Aalto Power for €100m.
Hydrogen Project
07-05-2020

Australian Hydrogen Project Ready to Move Ahead After $300 Million Investment
The country will be increasing its renewable H2 production following a massive expansion.
Solar Power for Home
07-05-2020

SunPower Partners up with Tech CU for $1bn Investment
Silicon Valley-based SunPower has entered a £1bn partnership with Technology Credit Union to increase the financing options available to US residential solar customers.
Coal Mine
06-05-2020

Aussie Bank Westpac to Gradually Shift Away from Coal Financing by 2030
Australia’s Westpac Banking Corp plans to promote the transition to climate-friendly solutions and reduce support to thermal coal projects to bring its financing operations in line with the Paris Agreement goals.
06-05-2020

SunPower Bolsters Residential Solar Loan Programme with USD-1bn Partnership
SunPower Corp has entered into a USD-1-billion (EUR 919m) partnership with Technology Credit Union (Tech CU) that gives the Silicon Valley-based solar company access to capital for its loan programme.
Market Analysis
06-05-2020

Renewables Market to Hit $226 Billion by 2021, Despite COVID-19
A new report exploring the impact of COVID-19 on the global market for renewable energy has been released.
Energy Investment
06-05-2020

Bangladesh Launches $218.7m Green Transformation Fund
Bangladesh has introduced a $218.7m Green Transformation Fund to provide soft loans to solar developers.
04-05-2020

CEFC to Kick-Start Australia’s Hydrogen Industry with New $300m Investment Fund
The federal government has established a new $300 million fund to invest in Australia’s emerging hydrogen industry, which it hopes will kick start jobs and exports from the sector.
01-05-2020

Covid-19 Set To Wipe Out $1 Trillion In Oil Production Revenues
Before the pandemic, Rystad Energy was forecasting annual E&P revenues at US$2.35 trillion this year and US$2.52 trillion in 2021.
30-04-2020

IEA: 25% Fall in Weekly Energy Demand During Covid-19 Pandemic
The IEA noted that global renewable energy generation is up 3 during the pandemic, one of few bright spots during the crisis.
Coal Production
30-04-2020

Coal Exit Plans on the Rise in Asia
Lenders could follow after Mizuho's move to shun financing of coal-fired power.
29-04-2020

Historic Shift: U.S. Energy Production Outpaced Consumption in 2019, EIA Says
Energy hasn’t felt this groundbreakingly productive since Elvis Presley was electrifying audiences with “All Shook Up.”
Oil Price
29-04-2020

Oil Fund's Forced Sales Send WTI Prices Plunging Again, Says Kemp
Front-month U.S. light crude oil futures prices slumped almost 25% yesterday,
Wind Power Project
29-04-2020

Greencoat UK Wind to Acquire Scottish Wind Project for £320m
Greencoat UK Wind, the UK investment company, has agreed to buy South Kyle Wind farm in Scotland for £320m.
Solar Power Plant
29-04-2020

KKR to Buy 317MW of Solar Energy Assets from India's SP Infra
KKR, the global investment firm, has bought five solar assets from Indian infrastructure developers.
28-04-2020

Ireland’s Iirst Renewables Auction
Clean energy developers have three days left to pre-qualify for the first procurement exercise staged by the Irish Renewable Electricity Support Scheme. Solar will compete with wind – on and offshore – and biomass projects.
28-04-2020

Beach Energy Vows to Defend Itself After US Drilling Company Lobs Suit
Bankrupt Diamond Offshore Drilling has sued ASX-listed oil and gas producer Beach Energy for abruptly terminating a $US65 million ($101 million) drilling contract.

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