Gas Natural Fenosa breaks ground on 50 MW solar park
The project was awarded by the Spanish government in an auction held in July. Fenosa plans to finish work on the facility by the end of this year
EDF Solar secures PPA for 7 MW project in central Spain
The solar facility will sell part of its power to a company near Toledo. Through a seven-year PPA, the buyer will cover around 40% of its energy needs
Ireland offers funding for European collaboration on renewables
The Sustainable Energy Authority of Ireland (SEAI) has announced a €500,000 fund of Irish government and European Commission cash to promote sustainable energy technology development
Survey finds digitalization, decentralization and decarbonization concerns energy leaders
The World Energy Council tracks the top concerns of energy leaders and has created a tool with Arup to display its findings. The rise of digitalization issues and the decreasing significance of fossil fuels indicates a strong renewables market ahead and energy start ups are receiving increasing attention from utilities and leaders
Blockchain project Solar DAO will action its first PV plants, in Kazakhstan
The world’s first digital, autonomous, closed-end, utility-scale PV project investment fund – enabling people with any budget to become co-owners of projects – has announced the implementation of its first arrays, in Kazakhstan, with 4 MW in the north-west of the country and 4 MW in the south. Solar DAO says it will save about $50,000 per MW since total development costs will be less than $5,000 per MW.
TenneT issues €1.25 billion in green bonds
Dutch/German transmission operator Tennet Holding B.V. has launched a €1.25 billion green bond program. The issuance is backed by five major banks – BNP Paribas, Deutsche Bank, ING Bank, Lloyds and Rabobank.
PV leading the charge to low-emission future says IEA
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
SMA launching new multi string battery inverter
SMA says its new product will offer digital services such as monitoring and automatic notifications to perform maintenance as well as offering an emergency supply system. According to analysts, the varied applications of new inverters signal an increasingly competitive marketplace.
Sonnen secures €60 million investment from Shell Ventures
Germany-based PV-storage provider sonnen has closed a new funding round from a group of investors led by Shell Ventures. Sonnen has already began to draw on the funds as it continues to expand market shares in the U.S. and in Australia. Shell Ventures is now a major sonnen investor and future cooperation agreement has been agreed to.
Lightsource BP acquires Ireland-based software company Ubiworx
British developer Lightsource has announced the acquisition of Irish software company Ubiworx. The company is a specialist in the internet of things and has already worked closely with Lightsource over the past two years
