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Asterion Buys German Steag, Bets on Renewables
Spanish investment firm Asterion Industrial Partners has reached a EUR 2.6 billion deal to acquire German energy company Steag GmbH. The proposed transaction includes investment in renewable energy, new green job creation, and is expected to close by 2023.
Aug 28, 2023 // Markets & Finance News, Storage, Spain, Europe, Asterion
Matrix Renewables to buy 150 MW of Spanish PV in 1-GW partnership
Madrid-based platform Matrix Renewables, produced by property supervisor TPG, on Monday claimed it has actually become part of a collaboration with Spanish renewables developer Rolwind to create a 1-GW pipeline.
Feb 15, 2021 // Markets & Finance News, Spain, Europe, Matrix Renewables, Rolwind
Brazil connects 464.6 MW of renewables in Feb 2022
Renewable energy plants with a combined capacity of 464.57 MW were provided permits to start procedures in Brazil in February 2022, power sector regulatory authority Aneel announced on Thursday.
Mar 11, 2022 // Plants, Commercial, Markets & Finance News, South america, Brazil
Renewables set new records in Germany, but ‘second pillar’ solar needs to accelerate even further
Renewables contributed some 43% of electricity consumption in Germany in the first nine months of 2019 – a new record – however doubts remain over the country’s chances of meeting future targets.
Nov 1, 2019 // Markets & Finance News, Germany, solar pv, Europe, decarbonisation, renewables, Stefan Kapferer, Frithjof Staiß
Victoria introduces second renewables auction of 600MW, with more powerful network needs
The Australian state of Victoria has launched its second Victorian Renewable Energy Target (VRET) auction for 600MW of energy projects, which will include strengthened network demands to ensure projects can be easily linked to Australia's grid.
Sep 1, 2021 // Plants, Commercial, Markets & Finance News, Grids, Policy, Victoria, tender, AEMO, auction, NEM, grid connection
PPC Renewables bags EIB funding for 230-MWp solar project in Greece
PPC Renewables, part of Greek power utility PPC SA (ATH: PPC), will certainly build 3 solar parks totalling 230 MWp in Greece's Western Macedonia area with financing from the European Investment Bank (EIB).
Jan 19, 2023 // Markets & Finance News, Greece, Europe, Solar Project, PPC Renewables
AIIB Will Support 10 GW Renewables Energy in Egypt
The investment will certainly take place under Egypt's program: Nexus on Water, Food and Energy (NWFE).
AIIB has committed to contribute to the RE component which is expected to mobilise a minimum of $10 billion in investments for the setup of 10-GW.
Nov 23, 2022 // Markets & Finance News, AIIB, greenhouse gas emissions, Food and Energy, fossil fuel capacity, National Climate Change Strategy, Nationally Determined Contribution, Nexus on Water
NSW renewables tender secures 312 MW capacity with Ibderdrola
312 MW of renewable energy secured in New South Wales with Long-Term Energy Service Agreements, paving the way for a cleaner, more sustainable future.
Jul 1, 2024 // Plants, Large-Scale, Commercial, tender, nsw, Ibderdrola
National Grid Renewables Launches 95 MW Minnesota Solar Projects
National Grid Renewables powers up Minnesota with two new solar parks, boosting clean energy capacity by 95 MW and paving the way for a sustainable future.
Jan 31, 2025 // Plants, USA, North America, PV Power Plant, National Grid Renewables
NextEra Energy, KKR and Partners to Acquire Interest in 1.1 GW Renewables Portfolio
NextEra Energy Resources will offer a 90% passion in a 1 GW renewables portfolio and also 100% interest in a 100-MW solar-plus-storage project for about USD 1.3 billion in complete earnings
Nov 3, 2020 // Markets & Finance News, Storage, USA, solar-plus-storage, North America, NextEra Energy, Jim Robo, solar projects, KKR
New regulations eye 'large' release of renewables in Spain
Spain's PV industry has actually welcomed government approval of a plan of legal actions focused on quickening the nation's change to 100% renewables.
Jun 24, 2020 // Markets & Finance News, UTILITY-SCALE SOLAR, Spain, auctions, Europe, policy, law, grid permits, regulation, Arancha Martínez
Engie strikes bargain to market 49% equity stake in US renewables portfolio
French utility Engie has accepted market a minority 49% risk in a US-based renewables profile including 500MW of utility-scale solar.
Jul 2, 2020 // Markets & Finance News, USA, Engie, North America, Hannon Armstrong
Mercury, PowAR take complete control of Tilt Renewables
Powering Australian Renewables (PowAR) as well as Mercury NZ Ltd have actually completed their procurement of Aussie sustainable power producer Tilt Renewables Ltd (ASX: TLT), the latter claimed on Tuesday.
Aug 4, 2021 // Markets & Finance News, Powering Australian Renewables, PowAR, Tilt Renewables Ltd, Australi
CIP heads AUD-5bn renewables hub in Queensland
Danish fund supervisor Copenhagen Infrastructure Partners (CIP) has consented to acquire the assets forming the AUD-5-billion (USD 3.34 bn/EUR 3.16 bn) Bowen Renewable Energy Hub in Queensland, Australia.
Dec 26, 2022 // Plants, Markets & Finance News, queensland, CIP
Elecnor-Statkraft Deal: 1.8B EUR for Renewables Unit
Norwegian power company Statkraft AS wins the bid for Spanish infrastructure builder Elecnor SA's renewables unit Enerfin, valued at EUR 1.8 billion. Strengthening its operations in Spain and Brazil, Statkraft secures a share in 1,734 MW of wind and solar projects.
Nov 20, 2023 // Markets & Finance News, Spain, Europe, elecnor, Statkraft AS
