Category: Commercialization

August 17, 2023

American Electric Power (AEP), one of the nation’s largest power producers, has completed the sale of its 1,365-MW unregulated contracted renewables portfolio to an Invenergy-led consortium. IRG Acquisition Holdings (IRGAH)—a partnership between Invenergy, CDPQ, and funds managed by Blackstone Infrastructure […]

July 18, 2023

A Japanese news service said General Electric (GE) will join with Toshiba to establish a supply chain for equipment that would support Japan’s offshore wind power industry. Nikkei, a Tokyo-based financial and business news outlet, on July 16 reported that […]

July 17, 2023

Egypt’s support for renewable energy has received another boost, with ACWA Power and Egyptian officials on July 17 signing an agreement to allocate land for a 10-GW wind power project. Saudi Arabia-based ACWA Power, the world’s largest private water desalination […]

July 12, 2023

SUSI Partners, through the SUSI Energy Transition Fund, has acquired a majority stake in newly formed APAL MW (APAL). APAL is a French clean energy development company born out of the merger of French wind and solar developers 3N Développement […]

June 28, 2023

The Department of the Interior’s Bureau of Land Management held an auction for utility-scale solar energy development in Nevada this week, resulting in $105.15 million in high bids. The auction of four parcels across 23,675 acres in the Amargosa Desert […]

June 27, 2023

Shell has released the resultS of its latest Shell Recharge EV Driver Survey, one of the largest European surveys of electric vehicle (EV) drivers. The results reflect a shift from range anxiety to range confidence, with only 14% of EV […]

June 26, 2023

US commercial solar company Summit Ridge Energy (SRE) on Monday announced joint venture deals with Osaka Gas USA Corporation (OGUSA) to build, own and operate more than 100 MW of solar projects across Virginia and 8 MW of energy storage […]

June 19, 2023

The OPEC Fund for International Development (the OPEC Fund) today signed an agreement with the International Renewable Energy Agency (IRENA) to join the Energy Transition Accelerator Financing (ETAF) platform, a global initiative that seeks to mobilise funds for renewable energy […]

June 8, 2023

The International Renewable Energy Agency and Global Renewables Alliance signed an MoU today to work together towards a rapid, sustainable, affordable and inclusive energy transition. The world needs renewables now and policymakers must have a clear-eyed focus on delivering them […]

May 30, 2023

Aral has expanded its cooperation with FREENOW, the European mobility service app. Drivers of the platform are able to use the Fuel& Charge Card to refuel or charge at any service stations of the brand across Germany. The partnership began […]

May 16, 2023

The U.S. Department of Agriculture announced a nearly $11 billion investment on Tuesday to help bring affordable clean energy to rural communities throughout the country. Rural electric cooperatives, renewable energy companies and electric utilities will be able to apply for […]

May 15, 2023

The International Renewable Energy Agency (IRENA), in partnership with the Indian G20 Presidency, launched a comprehensive report today on how low-cost finance can accelerate the energy transition. Titled “Low-Cost Energy Transition Finance”, and developed in close collaboration with India’s Ministry […]

May 12, 2023

Fountain Fuel has launched its first zero-emission energy station in Amersfoort, Netherlands. The opening kicks off the company’s strategy to create a nationwide network of zero-emission energy stations, combining large-scale hydrogen refueling and electric charging. Vivianne Heijnen, State Secretary of […]

May 11, 2023

Abu Dhabi Future Energy Company PJSC – Masdar, one of the world’s leading clean energy companies, has signed an agreement with the International Renewable Energy Agency (IRENA) to cooperate on a major international knowledge project setting out the means to […]

May 10, 2023

The International Renewable Energy Agency (IRENA) today launched a new initiative, the IRENA NewGen Renewable Energy Accelerator (NewGen), aimed at supporting young entrepreneurs and innovators in driving the renewable energy transition. NewGen will provide capacity building, mentorship and other resources […]

May 4, 2023

A coalition of companies working in the U.S. clean energy sector has released its latest report on the nation’s offshore wind market, noting projects totaling more than 51 GW of capacity are in a growing pipeline of expected installations. The […]

April 24, 2023

New rules, regulations, and legislation are changing the way U.S. utilities generate electricity. First, there was the Clean Power Plan (CPP), which was passed by the Environmental Protection Agency (EPA) in 2015. This was replaced in 2019 by the EPA’s […]

April 21, 2023

Ocean Winds has secured £2bn of non-recourse project finance and reached financial close on its 882MW Moray West offshore wind farm off north-east Scotland. The project has been supported to reach this stage by its primary sponsor Ocean Winds, a […]

April 18, 2023

Abu Dhabi, United Arab Emirates, 18 April 2023 – G7 leaders expressed concern over global renewable power deployment rates, citing the latest findings from IRENA’s World Energy Transitions Outlook Preview 2023. The report warns that there is a need for […]

April 6, 2023

Finland will launch five competitive tendering processes for more than 6GW of offshore wind power along its western coast. Zoning initiatives for the first five have been initiated by Metsähallitus, responsible for managing and developing state-owned areas within the territorial […]