Tokyo -- Japan plans to double its regional electrical grid capacity by adding up to 23 million kilowatts, according to a plan compiled by the industry ministry and an organization representing energy operators. New routes are planned to connect the largest northern island of Hokkaido and the southern island of Kyushu via the main island of Honshu. The move is aimed at helping Japan reduce greenhouse gas emissions to net-zero by 2050, for which renewable energy sources -- including offshore wind -- are critical. A major challenge has been weak grid connections traversing regions.
The 32 megawatt wind power project, located in southern Karnataka state, is part of a larger portfolio of wind and solar projects that Facebook and Mumbai-based CleanMax are working together on for supplying renewable power into India#39;s electrical grid, the joint statement said.
Facebook has signed a deal to buy renewable energy in India from a local firm's wind power project, the social media giant's first such deal in the South Asian nation, the companies said on Thursday.
Facebook's head of renewable energy, Urvi Parekh, said the company typically doesn't own the power plants but instead signs "long-term" electricity purchasing agreements with the renewable power company.
D. E. Shaw Renewable Investments' 180 Megawatt Cove Mountain Solar Projects Achieve Commercial Operation In Utah
NEW YORK, April 14, 2021 /PRNewswire/ -- D. E. Shaw Renewable Investments (DESRI), a leading provider of cost-effective renewable energy across North America, announced that the 180 MWac Cove Mountain solar projects in Iron County, Utah have begun commercial operation. "The DESRI team is...
Investment in European wind sector saw a 70 per cent increase to EUR43 billion in 2020, driven by growing investment appetite on the back of net-zero goals. This resulted in an increase of 13GW of onshore and 7GW of offshore wind.
Under these projects, solar power will be provided to 13 leading industrial, commercial, and institutional customers. : Curated markets data, exclusive trading recommendations, Independent equity analysis & actionable investment ideas Green energy solutions firm Amplus Solar on April 13 announced that it has acquired 17 on-site operational solar projects from Sterling and Wilson Private Ltd. With this, Amplus Solar's capacity rose by 7.2 MW. The latest projects are spread over states like Haryana, Punjab, Madhya Pradesh, Rajasthan, Maharashtra, Telangana and Karnataka.
Lawmakers are reviewing the net energy billing policy, hoping to find the sweet spot that both encourages renewable energy and offers the greatest benefit to electricity customers.
Nelnet Renewable Energy Partners With Three Co-investors To Complete $9.9M Solar Tax Equity Investment In The Northeast
LINCOLN, Neb., April 5, 2021 /PRNewswire/ -- Nelnet Renewable Energy, a leading solar tax equity investor and fund manager, today announced the completion of a $9.9 million solar tax equity investment into a portfolio of projects in the Northeast with three co-investors. The investment...