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Macquarie Invest USD 332M in Hydro's Renewables
Macquarie Asset Management and Norsk Hydro ASA just announced a joint venture worth USD 332 million to develop 6.9 GW of renewable projects across three countries. Check out the details on this innovative partnership and its expected impact.
Oct 24, 2023 // Markets & Finance News, macquarie
GE, Alfanar Unite for 334MW of Renewables in Spain
GE Vernova & Alfanar form JV to develop 334MW of wind & solar projects in Spain; targeting ready-to-build status by 2025 & COD by 2027. Plans to explore battery & energy storage solutions.
Nov 20, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Spain, Europe, Alfanar, GE Vernova
SK Group partners with BCGE to boost Vietnam renewables
SK Eco Plant and BCGE team up to develop 700 MW of renewable energy projects in Vietnam, including wind and solar installations. A green partnership for a sustainable future.
Mar 25, 2024 // Plants, Large-Scale, Commercial, Rooftop PV, Asia, Vietnam, SK Group, BCGE
Auren, AES Brasil Merger: Creating 8.8-GW Renewables Giant
Merger between Auren Energia and AES Brasil creates 8.8 GW renewable energy platform. AES Corp to sell stake for $640 million, simplifying portfolio for US market focus.
May 16, 2024 // Plants, Large-Scale, Commercial, AES, Brasil, Auren
Iberdrola nabs EIB loan for 1.8 GW of Spanish renewables
Spanish utility team Iberdrola SA (BME: IBE) introduced today that it has safeguarded a EUR-550-million (USD 560.9 m) green loan to finance some 1,800 MW of wind as well as solar power projects at home.
Jul 22, 2022 // Markets & Finance News, Iberdrola
France to fund innovative off-grid renewables projects in Africa
The French development agency and the environment ministry have a €1.6 million budget to finance novel off-grid projects from companies and NGOs operating with local partners in Africa.
Sep 24, 2019 // Markets & Finance News, France, Europe, Africa, NGOs
Northern Ireland grid aims to be ready for 95% renewables
The U.K. province’s grid operator SONI has announced a £500 million plan to prepare the network for an almost fully renewable electricity system within just five years. Despite the U.K. being seemingly paralyzed by Brexit, the network operator says it can already cope with 65% clean energy in the mix.
Sep 27, 2019 // Markets & Finance News, Storage, Grids, UK, Brexit, SONI, Jo Aston, Martin McGuinness
Shell Joins India’s Solar Boom, Buys 20% In Renewables Company
Shell has acquired a 20-percent stake in Indian company Orb Energy, provider of corporate loans to businesses that want to invest in solar power installations.
Oct 4, 2019 // Markets & Finance News, India, Asia, shell, Brian Davis, Orb Energy, Maarten Wetselaar, Ben van Beurden
Greece to expand renewables portfolio with five new solar projects
London-based renewable energy financing organization National Energy Holdings Limited has partnered with Piraeus Bank SA to help Greece to expand its profile of tidy energy resources.
Nov 16, 2020 // Plants, Large-Scale, Commercial, Greece, Europe, solar projects, Giles Clark
Neoen concludes EUR-600m resources hike to money renewables strategy
Neoen (EPA: NEOEN) has finished its EUR-600-million (USD 713m) resources rise, protecting proceeds to finance the first cycle of its financial investment strategy that targets 10 GW of renewable resource capability in operation or incomplete by 2025.
Apr 7, 2021 // Markets & Finance News, France, Europe, neoen
Duke Energy targets 23% renewables in power result by 2030
United States utilities group Duke Energy Corp (NYSE: DUK) will certainly seek to create 23% of its electricity from wind, solar and hydropower by 2030 as it devotes to add more renewables into the mix.
Apr 30, 2021 // Markets & Finance News, USA, Duke Energy, North America, Katherine Neebe
Ventient Energy shuts 443-MW renewables portfolio get in Spain
Pan-European, non-utility power manufacturer Ventient Energy revealed today the completion of its procurement of a 443-MW renewables portfolio in the Spanish area of Castilla y Leon.
Apr 22, 2022 // Storage, Spain, Europe, Ventient Energy
Cape Town to procure 300 MW of renewables from IPPs
The City of Cape Town will certainly look for to procure as much as 300 MW of renewable resource through tendering procedures over the coming months, mayor Geordin Hill-Lewis announced today.
Feb 18, 2022 // Markets & Finance News, Cape Town, Geordin Hill-Lewis
Ecofin US Renewables acquires 13.7-MW solar project in Minnesota
Ecofin US Renewables Infrastructure Trust PLC (LON: RNEW) said on Monday it had actually recently closed the procurement of a 13.7-MW solar project located in the US state of Minnesota, the initial in a portfolio of 12 solar PV projects that the UK-based investor is targeting to acquire.
Sep 21, 2021 // Plants, USA, North America, PV Power Plant, Ecofin US Renewables
J-Power takes 10% stake in Australian renewables developer Genex
Japanese power business J-Power has actually gotten a 10% risk in renewables and pumped hydro developer Genex Power through its Australian subsidiary JPGA Partners.
May 19, 2021 // Markets & Finance News, Australia, Oceania, acquisitions, pumped hydro, Genex, J-Power, large scale solar, wind and solar