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…
Green Light for Green Energy: Island Green Power Secures Approval for 46MW Solar Farm in Lincolnshire A major step forward for renewable energy in the UK! Island Green Power has received official approval to construct a 46MW solar farm and battery energy storage system near Welby, Lincolnshire. The South Kesteven…
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…
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 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…
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