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French scheme to support electricity production from renewables gets EU nod

A French aid scheme to support renewable electricity production complies with EU State aid rules, the European Commission’s antitrust chief said on July 27, adding that the measure will help France achieve its renewable energy targets without unduly distorting competition and will contribute to the European objective of achieving climate neutrality by 2050.

read more... 28/07/2021

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Eni to buy 1.2GW Spanish renewables portfolio

Italian energy company Eni is to buy 1200MW of Spanish wind and solar projects from Madrid-based European private equity manager Azora for an undisclosed price.

read more... 27/07/2021

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Recurrent Energy offloads 250 MW of solar projects in Texas

US renewables developer Recurrent Energy LLC has finalised the sale of a 328-MWp/250-MW bundle of two solar projects in Texas, due to be commissioned by September.

read more... 22/07/2021

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Longroad locks term financing for 200-MW solar park in Arizona

US-based Longroad Energy Holdings LLC has achieved commercial operations at its 200-MW DC Sun Streams 2 solar park in Arizona and finalised term financing for the asset, the renewables developer said on Tuesday.

read more... 21/07/2021

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LG Electronics targets 100% renewables transition by 2050

South Korea’s LG Electronics Inc (KRX:066570) has set an objective of using 100% renewable energy in all its local and overseas business sites by 2050.

read more... 20/07/2021

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