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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
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
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
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
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
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
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
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
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
Terabase Energy launches automated photovoltaic panel installation setup
Digital automation firm Terabase Energy has actually formally launched Terafab, a "digital field manufacturing facility" for photovoltaic panel installation on large-scale projects.
May 12, 2023 // Technology, Plants, terabase energy
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
Correlate Infrastructure Partners intends to acquire Vermont-based Aegis Renewable resource
Correlate Infrastructure Partners announced a non-binding letter of intent to get Vermont-based Aegis Renewable resource. Aegis is a business, commercial and also community solar firm focused on solar project development and also EPC solutions in the eastern United States and also belongs to the Amicus Solar Cooperative Network.
Sep 14, 2022 // Markets & Finance News, USA, North America, Correlate Infrastructure Partners, Aegis Renewable Energy, Todd Michaels, Nils Behn
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
Enel plants to power Anglo American’s full renewable switch in Chile
A mining giant has turned to Enel to power its transition to a fully renewable energy supply in Chile, signing a deal set to kick in two years’ time.
Jul 30, 2019 // Plants, PV Tech, Enel, Los Bronces, Collahuasi, El Soldado
California Launches 300-MW Solar-Storage Energy Project
Discover the Desert Quartzite solar-storage park, a groundbreaking 300-MW facility powering 163,000 homes while slashing carbon emissions—California's green energy future begins now!
Feb 3, 2025 // Plants, Large-Scale, Commercial, Storage, California, USA, North America, PV Power Plant, EDF Renewables North America, Power Sustainable Energy Infrastructure Inc.