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Brookfield's EUR 6.1bn Bid for Neoen Majority Stake
Brookfield Asset Management's EUR 6.1 billion offer for Neoen SA brings exciting growth prospects in renewable energy markets. CEO Xavier Barbaro looks forward to the future.
May 30, 2024 // Markets & Finance News, neoen, brookfield asset management
Avaada Closes $1.3B Round for Green Energy Push
Avaada Energy has closed a USD 1.3bn funding round, the largest equity raise for a green energy firm in Asia. Canada's Brookfield Asset Management and Thai power company Global Power Synergy have invested significantly, to be used for green hydrogen, green methanol, green ammonia projects and more. Recent tenders won by the firm amount to 1.8 GW. Sustainable future ahead with Avaada.
Jun 30, 2023 // Markets & Finance News, India, Avaada Energy, Asia
Weglokoks Secures PLN 50M for Solar and Storage Project
Weglokoks pivots to green energy with a PLN 50 million boost for a 35 MW solar farm, marking a new era in Poland's sustainable energy transition.
Apr 3, 2025 // Storage, Poland, Europe, Weglokoks
Renewable energy finance: Sovereign guarantees
Assurances against country-level risks are essential to make renewable energy investments bankable. Sovereign guarantees represent a government’s commitment to cover payments in case of default. Yet with this well-known instrument becoming harder to obtain, lesser-known risk mitigation alternatives can also be viable.
Jan 31, 2020 // Market Research
Atlas Renewable creates battery partnership
Hitachi ABB Power Grids will be invited to take part in design bundle tenders by the programmer
Apr 22, 2021 // Storage, Hitachi ABB Power Grids, Americas, Atlas Renewable, Fabian Gonzalez
INVL’s EUR 4.5m Renewable Bond
INVL Renewable Energy Fund I has raised EUR 4.5 million in its maiden public bond sale in Lithuania, attracting 250+ investors with an interest rate of 10% and a two year maturity. The proceeds will go towards solar projects in Poland and Romania, estimated to cost up to EUR 350 million.
Sep 19, 2023 // Markets & Finance News, Europe, INVL Renewable Energy
What is Renewable portfolio standard (RPS)?
A regulation requiring energy providers to generate a portion of the electricity supplied from renewable sources. To satisfy this requirement, they can either
Sep 13, 2023
GIS Acquires Discovery for Renewable Push
GIS expands renewable energy services with the acquisition of Discovery Industries. With additional capacity & resources, GIS & Discovery look to expand relationships & services offered. Offerings include upstream, midstream, downstream & more.
Oct 16, 2023 // Markets & Finance News, GIS
Iron-Air Battery Maker Form Energy Secures $450 million for Energy Storage Innovation
The $450 million Series E financing round was led by American investment company TPG Rise. Form Energy is currently taken part in a site choice procedure for its first full-scale battery manufacturing facility.
Oct 6, 2022 // Markets & Finance News, Storage, energy transition, canada pension plan investment board, Form Energy, Mateo Jaramillo, Energy Impact Partners, The Rise Fund, arcelormittal, Prelude Ventures, Coatue, breakthrough energy ventures, BEV, tpg rise, EIP, Temasek, Ang Eng Seng, Capricorn Investment Group, Choo Yong Cheen, CPP Investments, Leon Pedersen, Marc Mezvinsky, MIT’s The Engine, NGP ETP, TPG Rise Climate, VamosVentures
Renewable Ability Data 2021
The International Renewable Energy Agency (IRENA) creates extensive stats on a range of topics connected to renewable energy. This publication provides eco-friendly power generation capability data for the past years (2011-2020) in trilingual tables.
Apr 8, 2021 // Market Research, IRENA
Israeli business prepare green energy push in seven Arab countries
Israeli business Enlight Renewable Energy (TLV: ENLT) and NewMed Energy (TLV: NWMD), previously referred to as Delek Drilling, have signed up with hands to implement renewable resource projects in several countries between East as well as North Africa.
Aug 19, 2022 // Markets & Finance News, Asia, Israel
Scatec Sells Mozambique Solar Plant to Globeleq, Boosts Portfolio
Scatec ASA sells majority stake in Mocuba solar power plant to Globeleq, generating a net gain of $4m. The plant has a 25-year power purchase agreement and produces 75 GWh annually.
Jan 11, 2024 // Plants, Large-Scale, Commercial, Scatec, Africa, Mozambique, PV Power Plant, Globeleq
What are Renewable Energy Credits (RECs)?
A form of tradable intangible goods representing the green attributes associated with electricity produced from renewable sources. One Renewable Energy Credit
Sep 13, 2023
Largest floating solar array in The United States and Canada currently online in New Jersey
The biggest floating solar array in The United States and Canada is now complete in New Jersey. Owned as well as operated by NJR Clean Energy Ventures, the 8.9-MW solar project covers 17 acres of the Canoe Brook reservoir in Short Hills, New Jersey. The project will certainly provide approximately 95% of the power requires for New Jersey American Water's Canoe Brook Water Treatment Plant.
Jun 8, 2023 // Plants, Floating PV, USA, North America, PV Power Plant
sPower and Saint Solar are developing major solar ventures in the state of Arizona
Coolidge-based Planning and Zoning Commission has supported sPower's 100-megawatt photovoltaic project as well as a 472-ha solution implemented by Saint Solar.
Nov 13, 2019 // Plants, Large-Scale, Commercial, USA, sPower, Arizona, North America, NextEra, Saint Solar