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US artificial intelligence (AI)-enabled concentrated solar professional Heliogen Inc (NYSE: HLGN) has declined a USD-78.3-million (EUR 71.0 m) takeover bid from Continuum Renewables Inc, defining it as under-priced.

Swedish renewables developer OX2 AB (STO: OX2) on Monday stated it has actually completed the AUD-126-million (USD 84.7 m/EUR 76.9 m) procurement of Australian peer ESCO Pacific, including a 1.42-GW project development portfolio to its platform.

ReNew Power Pvt Ltd and Gentari Sdn Bhd join forces to invest in renewable energy projects in India, with a total capacity of 5 GW and plans to develop 30 GW by 2030. ReNew also aims for net-zero status by 2040.

Osaka Gas Energy Oceania and ACE Power team up to co-develop 500 MW of solar and battery storage projects in Australia with Project Genesis. This collaboration supports Osaka Gas' Carbon Neutral Vision and long-term e-methane goals. Discover more about the project.

Fortescue Metals Group has abandoned its Uaroo Renewable Energy Hub plans. Read on to find out why, and the implications for the company's decarbonisation strategy. Discover what the EPA's role was in the cancellation of the project.

Dr Dan Lamb, from Swansea University, is researching the viability of low-cost, lightweight solar panels in space, to continuously generate energy and transfer it to Earth. Fueling green propulsion solutions, lunar bases, and space-based solar power, Lamb's work could revolutionize our energy sources.

Greece's RAAEY is launching a tender for 200MW of renewable energy projects in Bulgaria & Italy. Solar projects of 1MW & wind schemes of 6MW can bid & sell their output daily on the Greek day-ahead market. Deadline to apply is March 11. Winners announced April 25. Commission capacity in 30/36 months. Promoting pan-EEA energy project development.

Record low electricity prices in Spain as wind and solar power surge, but could impact long-term investment in renewables. Energy crisis leads to exports to France at a fraction of the cost.

Romanian hydropower giant Hidroelectrica and Masdar team up for onshore, floating solar, and battery storage projects, with potential for further growth in green energy.

An energy infrastructure group co-owned by State Grid Corporation of China and also Singapore Power has determined not to buy a hybrid nuclear power plant project in South Australia.

The federal government is intending to present a purchase regimen this year which the Institute for Energy Economics and also Financial Analysis states might drive the rate of tidy electrical power as reduced as PHP3/kWh. It is assumed projects which missed out on the feed-in toll plan target date will certainly be qualified to complete in the public auctions.

The Tennessee Valley Authority (TVA) has actually provided an ask for propositions (RFP) to create 200MW of renewable-energy projects that can be brought on the internet by the end of 2023.

The price of collecting solar energy has actually gone down so much in recent years that it's providing conventional energy resources a run for their money. However, the challenges of energy storage space - which need the capacity to financial institution a recurring and also seasonally variable supply of solar power - have maintained the modern technology from being economically competitive.

A subsidiary of Italian power firm ERG SpA (BIT: ERG) has actually accepted obtain a firm that holds a functional renewables portfolio of 80 MW in France.

US private equity firm Hull Street Energy LLC claimed this week it has actually signed a bargain to acquire Washington, DC-based renewables designer Foundation Solar Partners for an unrevealed amount.