German asset manager KGAL Investment Management has acquired a majority stake in Italian renewables developer Baltex Progetti through its fund KGAL ESPF 5.
The world added record amounts of renewable energy last year with 295GW of capacity deployed, up 6% year-on-year, despite supply chain constraints, project delays and high commodity prices, according to the International Energy Agency (IEA), which also expects nearly 320GW to be deployed this year.
The European Commission (EC) intends to speed up the permitting process for renewable energy projects to a maximum of one year, Reuters reported yesterday, referencing a leaked draft document it had seen.
Ryan D. Quint, senior manager at North American Electric Reliability Corporation take a look at the key considerations – and difficult balance – of managing grid connection from a transmission operators point of view.
Solar, wind and energy storage will do much of the heavy lifting in decarbonising the energy sector, with fossil fuel assets left stranded, however time is running out to realise that shift and limit global warming.
The February 2022 episode of the Solar Media Podcast features discussion around the energy sector impacts of Russia’s invasion of Ukraine, an exclusive interview with Lightsource bp’s leadership team and all the news from our Energy Storage Summit 2022.
German asset manager KGAL Investment Management has acquired a combined 50% stake in renewables developer GP Joule Projects, with the two companies intent on taking advantage of the “immense growth opportunities” of renewables across Europe, and in particular Germany.
China’s National Energy Administration has kickstarted the second batch of large-scale wind and solar PV projects under the country’s multi-hundred-gigawatt desert renewables scheme.
Italian energy company Edison has sold a 49% stake in its renewables division to Crédit Agricole Assurances (CAA) to accelerate its growth plan that aims to deploy 4GW of solar PV and wind by 2030
