The Concentrated Solar Power generated 3.9% of electricity in Spain in June

Renewable energies generated 38.4% of electricity until June in Spain: wind energy 21.4%, solar thermal 2.2% and photovoltaic 3.5%. In June, wind power accounted for 15.6%, concentrated solar power for 3.9% and photovoltaic for 4.3%. Wind turbines generated 27,229 GWh of electricity in the first half of the year (21.4% of the national total) and …

China’s Silk Road Fund acquires 49% of ACWA Power Renewable Energy

China’s Silk Road Fund has purchased a 49% stake in ACWA Power Renewable Energy (ACWA Power RenewCo), the Saudi Arabian group announced June 23. ACWA Power is a leading solar and wind developer in the Middle East and North Africa (MENA) and the dominant developer of CSP plants in the region. ACWA Power RenewCo owns …