Google seeks green PPA for its new data center in Denmark
The Internet giant began construction on what will be its fifth datacenter in Europe. The €600 million facility will be powered exclusively by clean energy sources, the company said.
Up to $1 billion expected from Sterling & Wilson solar share sale
Around US$1 billion is expected to be raised in the sale of up to 30% of Sterling & Wilson’s solar engineering arm. The funds will come from a pre-listing stake sale followed by an initial public offering (IPO), and will be used to reduce the debt of the 153-year-old conglomerate.
Korean utility develops blockchain-based micro-grid
The micro-grid will convert electricity into hydrogen by using a power-to-gas technology.
UK, Germany should push on storage, EVs – BloombergNEF
Two new reports from BloombergNEF recommend that the two northern European countries should implement policies to accelerate the adoption of energy storage and smart electric vehicle charging, while also improving demand response and interconnection to Nordic hydropower reservoirs. All of these actions are expected to further reduce fossil fuel dependence and add flexibility to their respective energy markets.
Spain’s Solarpack goes public on Dec. 5
The Spanish developer is expected to increase capital between 38.5% and 40.7%. The price range has been set between €8.0 and €10.3 per share. The raised funds will be invested mainly in the execution of the contracted portfolio of projects totaling 510 MW, in the acquisition of 13 MW of operating assets in Spain and in the development of its additional portfolio of projects totaling 2.9 GW.
Enel plans to deploy another 11.4 GW of renewables by 2021
In its new strategic plan for the period 2019-2021, the Italian power utility announced it will invest an additional €10.6 billion in renewable energy projects. It aims to strenghten its position in the markets where it has an integrated presence such as Italy, Spain, Chile and Brazil.
Industry hails UK energy minister’s export tariff stance
Renewable energy industry bodies are hailing the U.K. Energy Minister’s comments today that power should not be provided to the country’s electricity grid for free. She was referring to the ongoing debate over whether or not to end solar export tariffs.
Islands ditching diesel in favor of renewables
The U.K. is helping islands in Scotland and the Caribbean, Pacific and Indian oceans, make the switch from dirty diesel generators to renewables. In the former, community-owned renewable systems are ensuring 24 hour energy supply, while in the latter, a new renewable energy analytics platform is set to help identify the optimum energy mix for six islands.
IEA versus the reality of solar PV
In the recently released World Energy Outlook, the International Energy Agency (IEA) foresees a steady decline in the global expansion of PV to 2035. In response, Dutch researcher Auke Hoekstra has updated his graphic, IEA versus reality in solar PV.
Solarcentury secures permit for 200 MW of PV in southern Spain
Four projects – “Cerrado Cabrera”, “El primo Aleman”, “Hazas de los sesenta” and “Los Gonzalez” – each totaling 50 MW will be located in Alcalá de Guadaíra, near Seville. Work on the plants is expected to commence in April 2019.
