Torrent Power Ltd has awarded a contract to Suzlon Energy to develop a 300 MW wind power project in Karnataka, India.
The Spanish renewable energy group Naturgy will acquire ASR Wind, a portfolio of 12 wind farms, from private investment house Ardian for an unspecified sum.
The West Australia government will spend nearly $3 billion on a renewable battery storage system and wind generation as part of a major overhaul of its energy network as it prepares for the retirement of its coal-fired power plants.
Monsoon Wind, Laos’ first wind project, has started construction. The 600 MW project is owned by Thailand-based Impact Energy Asia Development.
Enel has announced that two power generation companies that it holds in Peru will be merged. This will create a larger entity valued at $2.31 billion.
A report by the climate and energy think tank Ember has said that wind and solar energy reached a record 12 per cent of global electricity generation in 2022, up from 10 per cent in 2021.
Vibrant Energy, an Indian renewable energy developer, has won funding of $268 million from Power Finance Corporation.
According to the US Energy Information Administration (EIA), electricity generated in 2022 from renewables exceeded that from coal for the first time.
Ukraine is expecting to add around 300 MW of new wind capacity in 2023 and export renewable electricity to the EU, despite difficult conditions resulting from Russia’s illegal full-scale invasion, according to the country’s State Enterprise Guaranteed Buyer.
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.