150-MW Hardin solar generating facility acquired by Dominion Energy

Dominion Energy announced that one of its subsidiaries has acquired the 150 MW Hardin solar generating facility, which recently entered service in Hardin County, Ohio, from Chicago-based renewables developer Invenergy. Facebook will take the electricity generated at the facility as well as the renewable energy credits, under a long-term agreement signed prior to the project’s construction. This marks Dominion […]

Gas and renewables combined hold the key to a faster energy transition

Accelerated and strategic deployment of renewables and gas power can change the trajectory for climate change, enabling quick and substantive reductions in emissions, while in parallel continuing to advance the technologies for low or near zero-carbon power generation. This is according to the latest white paper release by GE, entitled Accelerated Growth of Renewables and Gas […]

Scottish Water embarks on £2 million solar + battery storage project

Scottish Water has started to install its first combined solar power and battery storage facility near Perth’s Waste Water Treatment Works at Sleepless Inch on the River Tay. The £2 million ($2.6 million) project is the largest single solar energy investment announced to date by the publicly-owned water company’s commercial subsidiary, Scottish Water Horizons. The […]

Siemens Gamesa secures €300m from EIB for 2020-2023 innovation plan

Siemens Gamesa has secured €300 million ($363.5 million) in funding from the European Investment Bank to implement its research, development and innovation (RDI) plan during 2020-2023. The funding includes a €150 million ($181.7 million) loan. Siemens Gamesa will use the loan to fund its innovation projects in research and development centers in Spain (Navarra, Vizcaya and Madrid) […]

Oxford launches net zero initiative to advise on climate change solutions

The University of Oxford has launched the Oxford Net Zero initiative to address the critical issue of how to reach global ‘net zero’ by achieving equitable, science-based solutions. The initiative will draw on the university’s expertise in climate science and policy, as well as leading academics from across the university’s disciplines, including Geography, Physics, Economics, […]

DNV GL advises refinancing of 12 Spanish wind farms

DNV GL has announced that it has supported CI III Monegros Energy Holdco in refinancing its portfolio of twelve wind farms in Spain. The wind farms have a total capacity of 487.3MW. DNV GL provided technical advisory services to a consortium of six lenders. The aim of the due diligence review provided by DNV GL […]

The Rockefeller Foundation commits $1 billion for green recovery from pandemic

The Rockefeller Foundation will commit $1 billion over the next three years to catalyze green recovery from COVID-19. The Foundation will focus on two key areas: catalyzing billions of dollars in private and concessional investments to scale distributed renewable energy across developing countries; and ensuring more equitable access to COVID-19 tests and vaccines, science-based tools, […]