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Spain’s national grid operator Redeia will plan for a record-high investments in its next strategic plan, chair Beatriz Corredor said on Monday as the blame game over who is responsible for the massive blackout in April continues. “The company's next strategic plan will involve the execution of an unprecedented volume of investments,” Reuters quoted Corredor as saying on Monday.  Redeia and its unit Red Electrica (REE) have been blamed for the power outage on April 28, when a blackout hit the electricity transmission systems of Spain and Portugal, and briefly parts of...

Located in rural Utah, the solar-plus-storage project is among the largest under construction in the United States Green River Energy Center Get the latest news delivered to your inbox Sign up for The Manila Times newsletters By signing up with an email address, I acknowledge that I have read and agree to the Terms of Service and Privacy Policy. Rendering of the Green River Energy Center SALT LAKE CITY, June 05, 2025 (GLOBE NEWSWIRE) -- rPlus Energies announced today the successful close of a tax equity financing commitment exceeding $500...

Share Tweet Share Share Email Ecotrader, a blockchain-based investment platform, has announced its upcoming launch, introducing a tokenized model for renewable energy projects. The platform is designed to bridge the gap between renewable energy markets and investors by leveraging blockchain technology to enhance accessibility, transparency, and liquidity in the sector. Tokenizing Renewable Energy Assets Ecotrader’s platform is designed to enable fractional ownership of renewable energy projects, such as solar farms and wind turbines. By utilizing blockchain technology, the platform aims to enhance transparency, simplify compliance procedures such as...

Intercontinental Exchange Inc., parent of the New York Stock Exchange, is joining with Circle Internet Financial Ltd. to explore the use of the crypto firm’s USDC stablecoin, as well as tokenized money market funds, to develop new products.“We believe Circle’s regulated stablecoins and tokenized digital currencies can play a larger role in capital markets as digital currencies become more trusted by market participants as an acceptable equivalent to the US dollar,” Lynn Martin, president of the NYSE, said in a statement Thursday. Circle and ICE will explore using Circle’s stablecoins...

The UK’s energy regulator, Ofgem, on Thursday said a new set of rules are granting early access to nearly $5.18 billion (£4 billion) of investment for crucial transmission equipment and services, which is expected to connect renewable energy projects to the grid quicker.Ofgem’s new Advanced Procurement Mechanism (APM) will unblock supply chains by allowing Britain’s electricity transmission owners (TOs) to buy essential equipment – such as switchgear, cables, and steel – years in advance of when it is needed. The process to unblock supply chains is expected to ensure that...

"Today's proposal aims to ensure that Member States can provide support – where needed – to accompany the ambitions of the Clean Industrial Deal without causing undue distortions of competition in the Single Market," Commission Executive Vice President Teresa Ribera said in a press release. The document said that considerable investment will be needed for Europe's decarbonization effort "and for which funds will need to be mobilised, mainly from private sources, but, where necessary, incentivised or complemented by public funds." It aims to attract "risk-averse" pension funds to such investments...