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Saudi Arabia's PIF buys up to 9.5% stake in wind farm developer Skyborn

An offshore wind farm near New Brighton in Britain. Reuters Saudi Arabia’s Public Investment Fund has acquired up to a 9.5 per cent stake in offshore wind farm developer Skyborn Renewables as it boosts its clean energy portfolio. The financial terms of the deal were not disclosed. Skyborn Renewables has interests in operating and under-construction projects in Germany, France
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Italy-Tunisia power line secures 307 mln euros of EU financing

Terna also said that the Italian ministry for the environment and energy security has started the authorisation process for the project, which should cost around 850 million euros in total. The EU money comes from the Connecting Europe Facility, from which the EU commission also announced on Thursday investments in seven other cross-border energy projects, for a total outlay
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How New Mexico's New Interconnection Rules Position It as a Clean Energy Leader

New rules in New Mexico reflect best practices for connecting clean energy systems to the grid, with particular improvements for energy storage and smart inverters The post How New Mexico’s New Interconnection Rules Position It as a Clean Energy Leader appeared first on Interstate Renewable Energy C...
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North Carolina substation attack raises security concerns for U.S. electric grid

Country's electric grid and its numerous power stations, which have faced greater threats in recent years Outside of weather, suspected and confirmed physical attacks on electric grid infrastructure have been the largest cause of electrical disturbance events since 2014 when, in response to an attack in California the year before, private companies that run power stations were
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New Zealand implements policy to live up to commitment to end international fossil fuel finance raising pressure on Australia to follow suit

Aotearoa New Zealand has released a new policy to live up to its 2021 COP26 UN climate summit commitment to end international finance for fossil fuels, including oil and gas, by the end of 2022. Policy shift puts pressure on neighboring country Australia to follow suit and sign on to the Clean Energy Transition Partnership to end international public finance for fossil fuels.
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