Cyprus beefs up renewable energy capacity


Two new photovoltaic parks financed by RCB Bank have been successfully connected to the national grid, adding another 7.5MW to Cyprus’ renewable energy capacity.

The financing to park owners Galascope was provided partly through RCB Bank’s own funds and through relevant agreements between RCB and the European Investment Bank (EIB).
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Offshore wind energy investment quadruples despite Covid-19 slump


Global offshore wind investment more than quadrupled in the first half of the year even as the coronavirus pandemic triggered an unprecedented economic shock.

A report has found that investors gave the greenlight to 28 new offshore windfarms worth a total of $35bn (£28bn) this year, four times more than in the first half of 2019 and well above the total for last year as a whole.

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Microsoft to purchase output from 500 MW of solar capacity throughout the US


This week, solar finance and development firm Sol Systems announced an initiative with Microsoft to finance, develop and operate a portfolio of over 500 MW of solar projects in the U.S. and will sell energy from those projects to Microsoft.

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Wind energy in Argentina reaches 2,099 MW


Argentina continues to add renewable developments despite the complex local macroeconomic context. Wind energy technology with wind turbines is the one that makes the greatest contribution to the energy matrix.

The complex macroeconomic scenario in which the country is submerged on the brink of default and the restrictions imposed to prevent the further spread of the coronavirus were not enough to slow the advance of renewable energy in the country.
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Forrest City set to break ground on three solar power plants


The city of Forrest City and Scenic Hill Solar will host a groundbreaking ceremony for the first of the three solar power plant sites in Forrest City (Arkansas) on Monday (June 22) at 10:30 a.m. The public private partnership to build three solar power plants to provide electricity to the city was announced in December 2019.
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Great Britain becomes Europe’s second highest producer of wind


Britain become the second highest producer of wind generation in Europe, surpassing Spain, according to data released by EnAppSys. The new data looked at levels of European wind generation in the first 23 weeks of 2020 (January through May) and found that Britain ranked second after Germany during the period.

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First sawmill in 15 years opens on British Columbia’s West Coast


The B.C. lumber firm San Group rolled the first log through a brand new sawmill it has built at Port Alberni last Friday. It’s the region’s first new sawmill in 15 years.

“A bright spot on a forest-sector landscape that has been otherwise dim, the symbolic occasion caps off San Group’s multi-year campaign to re-tool its corner of the industry into a fully integrated, high-value producer of specialty wood products,” the company writes on its website. “We hope to restore at least some jobs to a sector that has made more news in recent years with mill closures and permanent layoffs.”
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