Greenko, backed by Singapore’s GIC and the Abu Dhabi Investment Authority, is set to buy the solar and wind portfolio of Orange Renewable. The move will constitute Greenko’s largest acquisition and will add 1 GW to its operational capacity to raise the company’s portfolio to 4.2 GW, just shy of the capacity held by ReNew Power Ventures, the country’s largest renewable energy company.
Planned wheeling station will be backed to the tune of up to $8.5m by a private equity fund and is expected to be operational by July next year.
Announcement of intent to deploy solar will not supplant the importance of fossil fuels to Algerian economy, states Sonatrach chief
As the second anniversary of Britain’s vote to leave the EU approaches, the nature of the UK’s future energy relationship with the bloc is still very much unclear
Unit cost of power is set to almost double for around a fifth of the US population in three years’ time as abandonment of all-of-the-above Obama strategy sees fewer generators participate in PJM capacity auction
With 34 of the 38 key technologies needed to hit the Paris Agreement’s best-case scenario falling short, PV and electric vehicles are keeping hopes alive
In the face of actual and threatened tariffs in the US and India, the world’s biggest solar manufacturers may have to set up shop in the protectionist nations in question ahead of a predicted cooling in their home market.
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