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energy investments

AfDB Grants $6 M to Initiate ‘Desert to Power’ Program in Africa

‘Desert to Power West Africa Regional Energy Program’, an initiative led by the African Development Bank Group (AfDB), will be injected with a $6 million grant to launch its initial phase, as per the bank’s board of directors’ recent approval. Desert to Power, an initiative led by the Bank, is expected to transform the Sahel by […]

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A Renewable PPA Pricing Tool From Pexapark

Zurich-based renewable energy company Pexapark has announced that it is launching a pioneering feature that accounts for a site and technology-specific production to its renewable energy PPA (power purchase agreement) pricing system named ‘PexaQuote’. The firm claims that PexaQuote currently supports developers and investors operating over 250GW of global renewable energy investments as the industry […]

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LS Power Acquires 25 Facilities, Expands Solar Portfolio to 467 MW

A North American development, investment, and operating company, LS Power has announced that it has entered the clean energy platform by acquiring 25 solar power facilities from Public Service Enterprise Group Incorporated (PSEG). LS has taken its portfolio to 467 MW of solar capacity.  The solar facilities are being acquired by LS Power affiliate, Quattro […]

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DTE Electric Company Completes Third Green Bond Offering

$1 billion in green bonds to finance carbon-free investments DTE Energy’s subsidiary, DTE Electric company, completed its third offering of green bonds on Monday, March 29. The $1 billion bond offering will finance green, or clean, energy investments, including renewables and energy efficiency programs. In its initial green bond offering in May 2018, DTE became the […]

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25% of Urban Population Lives in a City with RE Target, 18% in India: Report

A new report has found that 25% of the urban population lives in a city with a renewable energy (RE) target, lowering to 18% in India. The latest Renewables in Cities 2021 Global Status Report shows that more than 1 billion people – about 25 percent of the urban population – live in a city with […]

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Japan’s ORIX Corporation Completes Acquisition of Shares in Greenko

ORIX has completed the acquisition of shares in Greenko Energy taking 21.8% of the firms’ shares for a total value of approx USD 961 million. ORIX Corporation (ORIX) has announced that it has completed the acquisition of shares in Greenko Energy Holdings (Greenko) as reported by both firms on September 11, 2020. Simultaneous to acquiring […]

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EDF-R, Enbridge & wpd Begin Work on 448 MW Calvados Offshore Wind Farm

EDF Renewables, a subsidiary of the EDF Group, EIH S.à r.l, a subsidiary of Enbridge Inc., a North American energy infrastructure company, and wpd, a European renewable energies company, are announcing the launch of construction activity on the Calvados offshore wind farm (Courseulles-sur-Mer). This announcement follows the finalisation of financing agreements between the consortium and its financial […]

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Perceived Risk of Investment in Indian Solar Market Cited in UNDP HDR

The latest edition of the UNDP HDR cited the case of India to explain the disparity in renewable investments around the world The latest edition of the United Nations Development Programme (UNDP) Human Development Report (HDR) cited the case of India to explain the disparity in the investments made in renewable energy amongst lower-middle-income and […]

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SolRiver Closes on Equity Commitment to Acquire $200 Mn Solar Projects

SolRiver Capital has announced that it has closed an equity commitment from Rockland Capital to acquire up to USD 200 million of solar projects. SolRiver Capital, a solar investment fund that owns distributed-generation and utility-scale projects, announced that it has closed an equity commitment from Rockland Capital, an energy-focused infrastructure investment fund, to acquire up to USD 200 million of solar […]

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