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German fund partners with ReNew Petra to develop annual 100MW of US solar
German clean energy fund Hep Kapitalverwaltung AG has entered the US distributed solar market with an investment in regional developer ReNew Petra.
Jul 18, 2019 // Large-Scale, USA, German, Hep Kapitalverwaltung AG, ReNew Petra, North Carolina, Christian Hamann, Zorya Energy Advisors, North America
Bluefield fund acquires 93MW UK solar, wind portfolio
A total amount of 15 PV and also 4 onshore projects have actually been purchased
May 13, 2022 // Markets & Finance News, UK, Europe, Bluefield
Axium fund acquires US solar designer
Under the regards to the procurement, BlueWave will maintain its name and also entire team in position
May 13, 2022 // Markets & Finance News, USA, North America, axium, Trevor Hardy
China Fund Manager Gaining 109% Is a Die-Hard Renewables Fan
Cui Chenlong has been banking on batteries, solar power shares Beijing's carbon neutral goals have buoyed belief on industry
Nov 28, 2021 // Markets & Finance News, Storage, China, Asia, Cui Chenlong, Qianhai Kaiyuan Fund Management Co.
Norwegian Fund To Spend $62 Million In SAEL To Help Develop 3GW Renewables
The objective is to support the firm's ambition to grow its portfolio to 3GW over the next 5 years by including 100MW of new biomass and 400MW of new solar capacity yearly. The financial investment will add to staying clear of more than 2.8 million lots of CO2 emissions.
Jan 27, 2023 // Markets & Finance News, Renewable Energy, norfund, Hans Jacob Frydenlund, Mark Davis, Norwegian Climate Investment Fund, SAEL, stubble burning, Sukhbir Agro Energy Limited
Three Seas investment fund investing in owner of PV properties in Bulgaria
The investment fund of the 3 Seas Initiative has actually acquired a 'substantial' stake in Austrian renewable resource group Enery Development, proprietor of a 60 MW solar plant in Bulgaria, state-owned Bulgarian Development Bank (BDB), a capitalist in the fund, claimed.
Jun 14, 2021 // Markets & Finance News, Europe, PV Power Plant, Bulgaria, Three Seas
Qatar to fund renewable power in India
Sovereign wealth fund of Qatar has acquired a 25.1-percent % stake in Mumbai’s unit of Adani Electricity for 450m USD. This purchase is meant to support Adani’s targeted 30-percent power generation from green sources by 2023.
Dec 13, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, India, Asia, Qatar, LONGi, Adani Green Energy
Africa fund backs 40MW solar farm in Kenya
Alten expects to bring PV project online in the spring
Feb 7, 2022 // Markets & Finance News, Kenya, Africa, solar farm, EAIF, Sine Zulu
Norwegian Sovereign Fund to Invest in 1,265 MW RE Capacity of Iberdrola
According to the terms of the agreement, the assessment of 100% of the assets in the portfolio amounts to roughly EUR 1.2 billion. Iberdrola will certainly have a majority stake of 51% in the assets and Norwegian fund will have the rest 49%.
Jan 18, 2023 // Markets & Finance News, Iberdrola, Europe, Norway, wind, Wind Energy, decarbonization, Solar Power Projects, solar PV project, wind farm, Norges Bank Investment Management, Spanish multinational utility
Mauritian fund spends $3 million in P2P solar expert Sun Exchange
Sun Exchange has actually closed a $4 million Series-A funding round by obtaining a $3 million investment from ARPF, a Mauritian private equity fund. The peer-to-peer solar leasing platform claimed it will certainly make use of the funds to help its participants release solar solutions throughout sub-Saharan Africa.
Jun 12, 2020 // Markets & Finance News, Africa, South Africa, Sun Exchange, SUB-SAHARAN AFRICA, Mauritius, ARPF, William Barry, Adam Draper
Bill Gates fund purchases automated solar installation platform Terabase
Terabase Energy, a United States startup that gives software, automation and electronic deployment remedies, has increased USD 44 million (EUR 43m) in a financing round led by Bill Gates' Breakthrough Energy Ventures to commercialise its innovation for automated solar plant construction.
Aug 3, 2022 // Software, Bill Gates, Terabase
New Fund by TDK Ventures to Invest $150 Million in Green Energy
The $150 Million fund will certainly target early-stage investments in energy transition, electrification, and decarbonisation in the U.S.A. and also Europe. The overall assets of TDK Ventures under management have currently soared to $350 million.
May 22, 2023 // Markets & Finance News, energy transition, decarbonisation, electrification, Amperex Technology Limited, Joe Kit Chu Lam, Nicolas Sauvage, Noboru Saito, TDK Corporation, TDK Goodness, TDK Ventures
Asian Development Bank to Fund Bhutan's First Utility-Scale Solar Project
The financing includes an $8.26 million concessional lending as well as an ADB-administered $10 million grant from the Asian Development Fund. Bhutan wishes to move beyond hydropower sources of energy in the sight of climate modification.
Oct 31, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Asian Development Bank, hydropower, Solar Project, Bhutan, Christoph Meindl, Republic of Korea e-Asia, Republic of Korea e-Asia and Knowledge Partnership Fund
Swedish fund finances five African solar projects
Trine joins pressures with Solarise Africa to sustain plans in South Africa as well as Kenya
Sep 2, 2021 // Markets & Finance News, Kenya, Africa, South Africa, Jan Albert Valk, Solarise Africa, TRINE, Sam Manaberi
NextEnergy Capital introduces ₤ 500m solar fund with support from UK Infrastructure Bank
Investment manager NextEnergy Capital (NEC) has actually introduced a ₤ 500 million subsidy-free solar fund, with up to ₤ 250 million to find from the UK Infrastructure Bank (UKIB).
Dec 1, 2021 // Markets & Finance News, UK, Europe, nextenergy capital, NEC, Investment manager NextEnergy Capital, John Flint