renewables

The EU has saved €12 billion gas costs thanks to the accelerated solar and wind growth since the Russia's invasion of Ukraine in 2022, according to an analysis from climate and energy think tank Ember.

German independent power producer (IPP) Encavis has shown an improved financial results with its EBITDA up by about one third.

Indian renewable energy independent power producer ReNew Power has narrowed its net loss in Q3 FY23 year-on-year, while there was an increase in total income due to expanded operating capacity.

Malaysian clean energy solutions company Gentari has acquired solar developer Wirsol Energy Australia and its assets from Wircon Group.

A total of 4.7GW of utility-scale solar capacity was installed in Q4 2022 in the US, but the difficulties in sourcing modules caused a delay in installations, according to industry body the American Clean Power Association. 

Otovo stopped trading on Euronext Growth Oslo on 13 February and moved to the main list on the following day.

Spanish power company Naturgy and energy infrastructure developer Enagás Renovable have unveiled a 280MW renewable hydrogen power plant in Spain.

The European Commission has announced two acts to help define renewable hydrogen in the EU.

Texas utility CPS Energy has reached agreements to purchase an additional 100MW of solar and 50MW of energy storage capacity for its FlexPOWER Bundle initiative. 

Public institutions and private companies bought a record number of renewable energy last year, according to BloombergNEF’s (BNEF) 1H 2023 Corporate Energy Market Outlook.