Spanish oil company Repsol said on Friday it would buy renewable energy company Asterion Energies for 560 million euros ($596 million). The deal is one of the largest renewable energy deals in Spain in terms of megawatts. Asterion's portfolio includes 4.900 GW of photovoltaic solar and 2.8 GW of wind, of which 2.5 GW is at an advanced stage of development or under construction.

Azerbaijan has provided over 30 million Azni [over 50 million US dollars] in aid to those in need. 50 generators and 45 power transformers from Azerenerji ASC were shipped to Ukraine. Azerbaijani foreign ministry spokesman Aykhan Hajizada said on Twitter.

To date, the Ministry of Foreign Affairs has allocated 665,826 euros for humanitarian aid in Ukraine. These generators will ensure the energy needs of the cultural sector, preserve Ukraine's cultural heritage and provide warmth for cultural institutions and the employees working there. Estonia provided humanitarian aid worth 23.1 euros to Ukraine, including 4.1 euros from the public sector. Millions of people are without power due to Russia's heavy bombing of energy infrastructure. White Christmas in Ukraine is an initiative to provide as many Ukrainians as possible with electricity, livable conditions and lighting in their homes.

The Transcarpathians, together with their Hungarian partners, delivered another humanitarian shipment - 46 generators - to the liberated Kherson region. The goods were handed over personally by Hungarian Deputy Minister of Foreign Affairs, Economics and Foreign Affairs, Parliament State Secretary Levent Modir. Tens of thousands of people there are currently living in extremely difficult conditions - without water, heat, electricity and constant shelling.

The Jenbacher container is a high quality unit that can be deployed where economical and quick installation is required. The overall compact design ensures space-saving installation and service-oriented accessibility. Containerized solutions can be quickly disassembled and redeployed elsewhere when needed. As such, they are an attractive option for companies seeking financing, as generation assets are easily transferable.

India had achieved 165.94GW of installed renewable energy capacity as of October, while targeting 175GW by 2022, the Indian Parliament was informed on Thursday. In a written reply to the Lok Sabha, Minister of Electricity and New and Renewable Energy R K Singh said 172.72 GW of non-fossil fuel energy has been installed in the country so far.

100% of project finance loans identified last year were allocated to renewable energy projects. This is a sizeable increase from 2020, when renewable energy loans accounted for 74%. L&T Finance is considered the largest financial institution in 2021, pouring Rs 4,214 crore into the industry. Rajasthan and Gujarat are the biggest beneficiaries of renewable energy loans.

JSW Energy said on Monday that its subsidiary JSW ReNew Energy has commissioned 27 MW of wind power generation capacity in Tuticorin, Tamil Nadu as part of the first phase of its 450 MW wind project. The project has a 25-year power purchase agreement with SECI. In addition to this project, the company is building 1.8 GW of greenfield renewable energy capacity, with a view to reaching 10 GW of capacity ahead of schedule. JSW Neo Energy, a wholly owned subsidiary of JSW Energy, is a vehicle established as part of a business restructuring to own all renewable/green and new energy businesses. Around 2.63 GW of renewable energy projects are currently under construction/in pipeline, with 1.26 GW of wind projects expected to be fully operational within the next 12-18 months.

Adani Green Energy Ltd (AGEL), the renewable energy arm of the Adani Group, has commissioned its third hybrid wind-solar power plant in Jaisalmer, Rajasthan. With this hybrid plant, AGEL now has a maximum operating hybrid power generation capacity of 1,440 MW. The combined operating generating capacity is 450 MW.

The U.S. Commerce Department is expected to make a preliminary decision on whether to impose tariffs on solar panels from four Southeast Asian countries. Solar companies say the threat of tariffs alone is a nationwide project freeze. Solar advocates say the move will delay projects and hurt progress on climate change. A final decision is expected in May.