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Shell Indicators Agreement To Acquire Sprng Energy Group For $1.55 Billion
Shell Overseas Investment B.V., an entirely had subsidiary of Shell plc (Shell), today signed an agreement with Actis Solenergi Limited (Actis) to acquire 100% of Solenergi Power Private Limited for $1.55 billion as well as with it, the Sprng Energy group of companies.
Apr 29, 2022 // Markets & Finance News, Actis, shell, sprng energy, Wael Sawan, Oil to renewable, renewable acquisition
Harmony Energy Energizes 35-MW Battery in UK
Harmony Energy powers up 35-MW/70-MWh battery system in North Yorkshire, UK, with Tesla technology. Expanding to 312.5 MW/625 MWh total capacity.
Aug 2, 2024 // Storage, UK, Europe, Harmony Energy
RIC Energy to develop 47 MW of NY solar with Goldman Sachs Renewable Power
Madrid-based renewables service RIC Energy has participated in a collaboration with Goldman Sachs Renewable Power LLC (GSRP) to establish 47 MW of neighborhood solar projects in the state of New York.
Mar 5, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, Goldman Sachs Renewable Power, RIC Energy, solar projects
Global Clean Energy Spending Hits $1.8T, Falls Short of Net-Zero
Global clean-energy spending hits record high of $1.8 trillion, but more investment is needed to achieve net-zero emissions. China leads, but US, UK, and Europe show promising growth in renewable energy and electric vehicles.
Jan 31, 2024 // Markets & Finance News, China, Asia
Finland, Luxembourg Commit For EU's Renewable resource Financing Mechanism
Luxembourg will participate as an adding nation, voluntarily contributing EUR 40 million to the mechanism.
Finland will certainly get involved as a host country, allowing solar PV projects situated in its region with a total capacity of up to 400 MW to participate in the renewable resource tender.
Feb 28, 2023 // Markets & Finance News, Europe, Luxembourg, Finland, european commission, European Green Deal, REPowerEU, CINEA, EU renewable energy financing mechanism, EU renewable energy tender, EUR 40 million, European Climate Infrastructure and Environment Executive Agency
Honeywell's 20 MW ESS For Hecate Energy in New Mexico
Honeywell has confirmed it will supply Hecate Energy with an Energy Storage System (ESS) for a solar park situated on the Jicarilla Apache Nation in Northern New Mexico. When completed later this year, the 50-megawatt (MW) solar ranch will certainly be capable of supplying sufficient electricity to power up to 16,000 ordinary New Mexican homes for a year. The project will help satisfy the state's decarbonization goals.
Mar 1, 2022 // Plants, Storage, USA, North America, New Mexico, hecate energy, Honeywell ESS
Marley acquires United States roof planetary systems supplier Viridian
UK roofing systems manufacturer Marley Ltd has taken over Viridian Solar Ltd, a provider of roof-integrated photovoltaic panels, for an undisclosed amount.
Apr 5, 2021 // Markets & Finance News, Rooftop PV, UK, Europe, rooftop PV, Viridian Solar, Marley Ltd, David Speakman
Balance of systems maker Shoals opens Tennessee manufacturing facility
Shoals Technologies, an electrical balance of systems (EBOS) services company for solar, storage space and electrical vehicle (EV) billing facilities, has actually opened a brand-new production center in Rose city, Tennessee.
Mar 11, 2022 // Manufacturing News, USA, North America, shoals technologies
Powin Announces New Centipede Battery Energy Storage System
Powin LLC, which designs and makes 'safe and scalable' battery energy storage solutions, introduced its brand-new Centipede battery energy storage space platform.
Nov 30, 2021 // Storage, Geoff Brown, ESRG, nick warner, platform design, Powin
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
Adani Green Seeks $400M Offshore Loan for Renewable Project
Adani Green Energy secures $400 million offshore loan for renewable project, backed by top lenders. Investor confidence grows as Adani Group rebounds from past scrutiny. India's clean energy push drives bond demand.
Apr 10, 2024 // Markets & Finance News, Adani Green Energy
GoodWe To Produce One million Systems Per Year Post Growth
PV Inverter supplier GoodWe has actually revealed a significant manufacturing development to approximately one million units annually in phase II of its Guangde manufacturing center in China. The company, placed as the leading storage inverter firm in the world by Timber Mackenzie, has a strong visibility across classifications in solar.
Jun 22, 2021 // Manufacturing News, Inverters, China, Asia, GoodWe, daniel huang
Greenbacker Supercharges Energy Storage Firm Lightshift with $100M
Greenbacker Capital Management fuels Lightshift Energy's growth with a $100 million investment, propelling the energy storage firm to new heights.
Mar 29, 2024 // Storage, greenbacker, Lightshift
Renewable Properties inks almost 9-MW solar + storage PPA with California CCA
Renewable Properties as well as Sonoma Clean Power (SCP) have actually authorized power purchase agreements for two solar projects. Among the projects, located in Ukiah, will consist of energy storage.
Apr 18, 2023 // Markets & Finance News, USA, PPA, North America, Renewable Properties
Wärtsilä and SSE introduce 50MW/100MWh battery energy storage development
Wärtsilä is to offer a 50MW/100MWh energy storage space system for SSE's initial grid-scale battery project in Salisbury, Wiltshire.
Jun 28, 2022 // Storage, Wärtsilä, SSE, Richard Cave-Bigley, Kenneth Engblom