Economy

Solar Power Plant

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.

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.

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 photovolta…

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)…

Crude Oil

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.

Ammonia

Australia Backs BP's Renewable Hydrogen Feasibility Study

Australian renewable energy agency evaluates the feasibility of building a renewable hydrogen and ammonia production facility at geralton.

Solar Power Plant

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

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…

Wind Power Company

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

Iberdrola Acquires Aalto Power for €100m in France

Iberdrola Renovables France has acquired French renewable energy company Aalto Power for €100m.

India Reduces Energy Intensity of Economy by 20% Compared to 2005

India’s energy efficiency measures have helped it to significantly reduce the energy consumption of its economy, bringing it down by 20% compared to 2005 level…

Hydrogen Project

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

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 c…

Coal Mine

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 financi…

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 a…