Spanish utility Iberdrola has already begun construction or entered into operation 60% of its new capacity investments by 2025 at the end of the first quarter of 2023.
Finnish renewables developer Taaleri Energia – the renewables arm of Taaleri Group – and Nordics-focused developer Landinfra Energy have entered a partnership to develop 1.9GW of hybrid solar, energy storage and wind projects in Sweden.
Global renewable energy company Masdar has signed a deal for a 1GW renewable energy project pipeline in Kyrgyzstan set to begin with a 200MW solar PV installation.
Energy technology company AES Corporation is still on track to reach its target of 4.5-5.5GW in long-term renewables and energy storage contracts in 2022, having already signed 1,618MW in the year to date, according the firm’s Q2 financial report.
US developer, owner and asset manager Longroad Energy has secured a US$500 million equity investment to support its business model shift from a “develop to sale” strategy to the ownership of renewable projects in the US.
Shell Overseas Investments and renewable energy company Emerging Power Inc. (EPI) have agreed to jointly develop, own, operate and maintain 1GW of utility-scale solar PV in the Philippines by 2028.
India’s renewable capacity now stands at 109.9GW as of the end of March, with solar accounting for 53.4GW (47%), while another 72GW of solar is either in the pipeline or at bidding phase, according to JMK Research.
