September 24. What has happened in the Renewable Industry last week? #GTSDigest

17.10.2018 Lebanon unveils submissions for 300 MW solar and one storage tender. A detailed call for project proposals will be circulated to the 75 consortiums by December 2018.

18.10.2018 The Japanese conglomerate Marubeni has revealed plans to halve its 3 GW global coal-fired power portfolio by 2030, and double its holdings of renewable energy within the next five years.

“Marubeni will reduce its greenhouse gas emissions volume from its power generation portfolio,” the Tokyo-based group said, explaining that it will not invest in new coal-fired generation projects “as a general principle.”

19.10.2018 392 global investors with $32trn in assets commit to Investor Agenda for climate action - first-of-its-kind global agenda aimed at demonstrating and supporting investors in accelerating and scaling-up actions critical to meeting the goals of the Paris Agreement. Investing in renewables is leading the list of 4 key areas.

20.10.2018 French IPP and solar developer Neoen prepares for €450 million IPO. Through the listing on the French stock market, the independent power producer hopes to raise enough capital to increase its renewable energy assets from 2 GW to 5 GW.

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21.10.2018 300 MW Talasol mega project in Spain receives funding from European Fund for Strategic Investments. The company said the financial hedge will cover between 3,500 GWh and 3,700 GWh of power over a 10-year period, which the facility will sell to the spot market starting from 2020 when the plant is expected to be operational.

22.10.2018 Cleveland, Ohio, which has worked for years to reinvent itself as it sheds its industrial past, has become the latest major city to announce plans to shift to 100% renewable energy sources for electricity. It sets a 2050 deadline for getting to 100% renewable electricity. Cleveland's climate action plan includes improving energy efficiency in buildings to help lower electricity demand.

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23.10.2018 West Bengal to commission floating solar power plants with generating capacities of 5 MW and 100 MW respectively next year.

Have a nice and productive week! See you next Monday!

September 24. What has happened in the Renewable Industry last week? #GTSDigest
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