The deployment of renewable energy capacity in Spain has driven a decoupling from volatile global gas prices, resulting in a 19% reduction in consumer electricity bills.
German renewables developer Juwi will cut jobs and reduce its management staff in response to declining margins and “significant economic pressure” in the German renewables market.
The European Union has launched an investment platform to expand renewable energy, clean technology manufacturing and electricity networks across the Mediterranean region.
Gamuda Renewables has secured an interest in the 450MW Hazelwood North solar-plus-storage project from Latrobe Valley-based developer Manthos Investments.
