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Capital Energy to sell $1 billion renewable energy portfolio
- 2023-07-31 06:58:23.216306
- David Flin
Capital Energy has hired Lazard to sell a portfolio of 4.3 GW of solar and onshore wind power plants in Spain, estimated to be worth up to $1 billion.
Green power projects in South Africa failing
- 2023-07-19 07:38:30.655805
- David Flin
Nearly half of the projects awarded under the relaunch of South Africa’s renewable power purchase programme have failed, undermining plans to use wind and solar to ease the nation’s energy crisis.
India takes five-year pause on coal power plant proposals
- 2023-06-05 06:50:26.070197
- David Flin
The Indian Government has announced through its updated National Electricity Plan that it will not consider coal-fired power plant proposals for the next five years in a bid to increase its renewable capacity.
On the road to net zero, grid connection delays are standing in our way
- 2023-04-11 12:19:54
- Junior Isles
Wait times for grid connections in the UK have reached up to 13 years. As we head into spring, delays in getting grid connections must be resolved to avoid repeating a winter at risk of blackouts and high energy bills into the future.
By Phil Thompson, CEO of Balance Power and Net Zero Power
India to issue 250 GW tenders for new renewable capacity by March 2028
- 2023-04-04 07:33:51.319112
- David Flin
The Indian Government has announced that it will issue tenders for the installation of 250 GW of new renewable power generation capacity by March 2028.
Ukraine targets 50 per cent of power from renewables to boost energy security
- 2023-04-03 07:11:18.969859
- David Flin
Herman Galushchenko, Ukraine’s Energy Minister, has said that the country aims to increase the share of renewable energy in its power generation mix to 50 per cent to boost energy security.
Renewables overtake coal in US electricity generation
- 2023-03-29 07:56:55.447376
- David Flin
According to the US Energy Information Administration (EIA), electricity generated in 2022 from renewables exceeded that from coal for the first time.
Octopus Energy to invest €1 billion in French renewable energy market
- 2023-03-14 06:38:55.816049
- David Flin
Octopus Energy has announced it will invest €1 billion into France’s renewable energy sector over the next two years.
Wind and solar generation provide 40 per cent of Dutch electricity production
- 2023-03-07 06:18:41.801924
- David Flin
CBS, the national statistics agency for the Netherlands, said that over 2022, around 40 per cent of electricity generated in the country came from renewable sources, up from 33 per cent in 2021.
Why are we waiting?
- 2023-03-04 19:24:48
- Junior Isles
Reports have emerged of 13-year wait times to secure grid connections for renewables in the UK. Unless the network constraints are quickly addressed there are real risks on the government’s ability to implement its net zero strategy at the desired pace.
By Paul Hill, banking and finance partner and head of energy and infrastructure at Browne Jacobson
