BayWa r.e. has completed the sale of three solar projects to a leading privately held renewable independent power producer (IPP). The portfolio, totalling 517 MWdc of solar capacity, represents a significant step in expanding the nation’s renewable energy infrastructure. The projects will reach commercial operation by the end of 2025. BayWa r.e. finalised the transaction...

Rhea-AI Impact Rhea-AI Sentiment Rhea-AI Summary Vast Renewables has secured access to $30 million from its existing $65 million ARENA grant to support green technology manufacturing and project development. The funding will advance their concentrated solar thermal power (CSP) solution, particularly for the Vast Solar 1 (VS1) project - a 30MW power plant with 8-hour...

Negotiations over a U.N. treaty to cut plastics have been bogged down. Environmental groups blame the oil and gas industry.