Germany’s 2018 renewables levy, known as EEG, has slightly fallen by 1.3% to 6.79 Euros cents (8.01 U.S. dollar cents) per kilowatt hour (kWh), from 6.88 cents/kWh (8.12 U.S. dollar cents/kWh) in 2017, due to a small increase in the wholesale electricity price, Kallanish Energy reports.
German utility E.ON said Thursday it has invested in wind turbine startup b.ventus — a company offering single-source solution for wind power generation with potential for expansion, Kallanish Energy learns.
French oil and gas major Total said on Thursday it continues to “actively” help drive the growth of solar power in France through its affiliates Total Solar and SunPower, which operate in the entire photovoltaic value chain.
UK’s developers of ‘less-established’ renewables will compete for up to £557 million ($738 million) of funding in the upcoming Contracts for Difference (CfD) auctions, the government confirmed on Wednesday.
Norwegian state-owned renewable generator Statkraft has sold its 50% stake in UK offshore wind project Triton Knoll to Germany’s Innogy, in a move to exit offshore wind power generation, Kallanish Energy learns.
Italian utility Enel said Monday it has started construction of Australia’s largest solar photovoltaic (PV) plant through a joint venture between its renewables subsidiary Enel Green Power (EGP) and Dutch Infrastructure Fund (DIF), Kallanish Energy learns.
Italian utility Enel agreed on Monday to sell a majority stake in 1.7 gigawatts (GW) of renewables capacity in Mexico to Canada’s institutional investor Caisse de dépot et placement du Québec (CDPQ) and Mexican pension funds CKD Infastructura México (CKD IM).
Microsoft is entering into a 15-year power purchase agreement (PPA) with General Electric (GE) in Ireland, through which the tech giant will purchase 37-megawatt of electricity generated by GE’s new Tullahennel wind farm.
Boosted by a strong solar photovoltaic (PV) market, renewables accounted for almost two-thirds of net new power capacity around the world in 2016, with almost 165 gigawatts (GW) coming online, the International Energy Agency (IEA) said on Wednesday.