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University of Pennsylvania Signs Historic Solar power purchase agreement

The University of Pennsylvania signed a power purchase agreement (PPA) this week to receive energy from two new facilities capable of generating 220 megawatts annually โ€” the largest solar project in the state. Under the terms of the 25-year PPA...

Renewable Energy Systems Ltd sells Swedish Wind Farm to Mirova

RES, the worldโ€™s largest independent renewable energy company, has announced the sale of Rรถdene Wind Farm to Mirova, an asset management company dedicated to sustainable investing and an affiliate of Natixis Investment Managers. The transaction includes an agreement to...

BlackRock Expands Sustainable Investments with the Close of a $5.1 Billion Energy and Power Infrastructure Fund

BlackRockโ€™s Global Energy & Power Infrastructure Fund (GEPIF) has achieved a $5.1 billion final close of Global Energy & Power Infrastructure Fund III (GEPIF III), making it the largest alternative investment fundraise in BlackRock history. The final close value...

Covid-19 outbreak to have a high impact on fossil fuel sector

The coronavirus (Covid-19) was first identified in Chinaโ€™s Hubei province in December 2019 and has since become a global health threat, impacting 150 countries and triggering the World Health Organisation (WHO) to declare it a global pandemic. The power sector...

Solar PV module prices in China to increase by 12.5% due to Covid-19

The coronavirus (Covid-19) pandemic has had widespread ramifications on the economy, significantly impacting the solar industry in China. Currently, the nation is by far the largest supplier of modules and raw materials for module assembly. Global demand for solar equipment...

Phuong Mai Wind Power JSC selects GE Renewable Energy for its first wind project in Vietnam

GE has signed a contract with Phuong Mai Wind Power JSC, a Special Purpose Vehicle entity jointly invested by Truong Thanh Development and Construction Investment Joint Stock Company (DECONNIN JSC) and Hanoi Construction - Industrial Investment JSC (HANOINCO., JSC)...

Tilt lifts contracted output of 336-MW Dundonnell wind farm with ALDI deal

Retail giant ALDI Foods Pty Ltd will buy a small portion of the electricity coming from Tilt Renewables Ltdโ€™s 336-MW Dundonnell wind park in Victoria, taking the contracted production volume of the project to 93%. New Zealand-based Tilt said on...

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