energy transition

Larsen & Toubro has received a contract to build a 75MW floating solar plant on the Panchet Dam in the eastern Indian state of Jharkhand.

French land management firm Veolia has launched a project to build 300MW of solar capacity on its landfill sites in France.

Brookfield Renewable has published its financial results for the quarter ended 31 December 2023, headlined by net profits of US$35 million.

Xcel Energy has announced plans to construct 3.6GW of new renewable power generation capacity and 600MW of new storage facilities.

In 2023, a collective US$1.8 trillion went towards energy transition technologies and their supply chains, including solar PV and other renewable generation, grids, electrified transport and clean tech factories.

Rio Tinto has signed a power purchase agreement (PPA) with European Energy to buy all of the power at the latter’s Upper Calliope solar farm.

Italy generated record-breaking volumes of both solar PV and wind power in 2023, producing 30.6TWh and 23.4TWh of electricity, respectively.

Solarpack has signed a 25-year PPA to sell power generated at its upcoming 410MW Gorbea solar project to SECI.

Eni Plenitude,has acquired an 80% stake in a portfolio of US projects, which accounts for a power generation capacity of 272MW.

Andel and Better Energy have entered a joint partnership to build a portfolio of “energy parks” with a total power capacity of 2GW.