Spanish independent power producer (IPP) Opdenergy is planning to launch an initial public offering (IPO) to finance its target of reaching 3.3GW of renewables assets in operation and under construction by 2025.
Solar and wind reached a 10.2% share of power generation in 2021, the first time the two technologies provided more than 10% of global power, according to new research from bp.
Utility-scale renewables developer Intersect Power has secured US$750 million in funding to take its portfolio of renewables, energy storage and green hydrogen projects beyond 8GW.
The European Council (EC) yesterday reached an agreement on a revision to its Renewable Energy Directive (RED) as part of its ‘Fit for 55’ package that has increased its renewables targets and called for accelerated permitting for clean energy projects.
A proposed law in Spain aimed at clawing back revenues from emissions-free power plants would create risks for renewables investors and favour fossil fuel-fired generation, according to trade groups that have urged the European Union (EU) to intervene.
Solar developer Procon Solar GmbH has sold a 400MW PV project pipeline to German energy company EnBW, with the potential for this to double over the next year as EnBW targets 50% of renewables in its generation mix by 2025.
Solar glass provider Xinyi Solar has issued a profit warning after the price of solar glass fell and the price of key components and energy inputs rose.
