Windlab bags PPA for large-scale solar, wind and storage park in Queensland

Australia-based renewables firm Windlab has bagged a 10-year power purchase agreement (PPA) with Queensland government owned corporation, CS Energy, to offtake power from and purchase some of the large-scale generation certificates (LGCs) from a major hybrid 60.5MW solar, storage and wind park.

Wind and solar to ‘dominate’ future of electricity by 2040

Renewable energy is indeed the future, according to Bloomberg New Energy Finance’s latest report, which forecasts technologies such as wind and solar to “dominate” the future of electricity by 2040, making up 48% of the world’s installed capacity and 34% of electricity generation.

Esco acquires Renewable NRG Systems

St. Louis, Missouri-based global energy provider Esco has acquired the renewable energy arm of NRG Systems, located in Vermont, under undisclosed terms.