US utility Duke Energy has committed to exiting coal by 2035 in what it said was “the largest planned coal fleet retirement in the industry” as it also released its financial results for Q4 2021 that outline a US$63 billion five-year capex plan.
Australian metals company Fortescue has unveiled plans for a vast renewables hub including up to 3,333MW of solar to power its mining operations in Western Australia.
Renewables developer Solariant Capital and energy investor Daiwa Energy & Infrastructure (DEI) are collaborating to develop a portfolio of US solar and energy storage projects.
Independent power producer (IPP) Silicon Ranch Corporation has selected engineering and consultancy firm Black & Veatch to build a 125MW solar project in Lee County, southwestern Georgia.
Norwegian renewables company Scatec is to build a 532MW solar PV project in the Brazilian state of Rio Grande do Norte through a US$320 million investment following agreement from state authorities.
Indian state-run hydropower company SJVN is planning to deploy 10GW of solar PV in Rajasthan over the next five years through a INR50,000 crore (US$6.7 billion) investment.
Indian utility Tata Power will aim to take advantage of policy support from India’s government as it sets up new cell and module manufacturing capacity in the country.
Energy market turmoil in Europe at the end of last year is causing a fundamental change in the power purchase agreement (PPA) market as volatility spikes reach 250% and throw into question the viability of long term PPAs.
AES Corporation has contracted its subsidiary Fluence to onboard 1.1GW of solar and storage assets to its energy trading and bidding platform as it looks to optimise its US operations.
Engineering, procurement and construction (EPC) contractor INTEC Energy Solutions is partnering with PV project developer Chint Solar to build a 328MWp solar portfolio in Denmark.
