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Learnings From the $12 billion Brookfield Bid For Australias Origin Energy

Global investment management firm Brookfields $11.8 billion bid that is also supported by the target firms board is a clear indication of the volume and direction of money chasing renewable energy assets and growth. Origin energy, which has 4.5 million customrs in Australia, has comitted to a phase out of its non renewable assets. The []

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Source Galileo JV Sets Sights on 5 GW Renewable Energy Development

Source Galileo- a Joint Venture between Source Energie and Galileo, is looking at developing over 5 GW of offshore and onshore renewable energy and storage projects in Ireland, Norway, and the UK. Source Energie looks into developing and bringing large new energy projects into operation and Galileo Green Energy is a pan-European, multi-technology, renewable energy developer, owner, and operator. Development activities []

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Siemens Energy Announces 4 Billion Tender Offer For Siemens Gamesa

Spanish stock market regulator CNMV (Comisión Nacional del Mercado de Valores) has announced that it has authorised the EUR 4.05 billion ($4 billion) bid of Siemens Energy for the purchase of the shares in Siemens Gamesa which is a registered entity in Spain. A third of the shares in Siemens Gamesa is not owned by []

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IEX Power Market Update For October- Prices Continue To Drop

The Indian Energy Exchange, Indias premier energy exchange, achieved 7972 MU volume in October 2022, including Green Power trade of 403 MU, and 3.58 lac RECs (equivalent to 358 MU). The total volume on the Exchange in October22 was lower by 13% on YoY basis due to high volume base of last year, and lower []

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NextEnergy Solar Fund Acquires 250 MW Battery Storage Portfolio in UK

Guernsey-based leading investment company NextEnergy Solar Fund Ltd has announced that the company has purchased a 250 megawatt (MW) diversified portfolio of battery storage projects and grid connections. The portfolio lies in east of England in United Kingdom. NextEnergy Solar Fund is an asset manager in the solar energy sector. As per the announcement, NextEnergy []

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India to Export Green Energy to Singapore from 2025

Indias Greenko Group and Singapores Keppel Infrastructure have entered into an agreement on green hydrogen. Under the MoU, the two firms will working on a 250,000 tonne yearly contract for Keppels new 600 Mw power plant situated in Singapore. The MoU was signed on the on the sidelines of the Singapore International Energy Week. This []

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Energy Markets Analyst

To support our growth, we are seeking an entry-level Energy markets analyst to work in our Wholesale Power line of business. He/she will contribute to the development of innovative, accurate, timely, and high quality products and services, typically working on multiple projects with all levels of staff. Energy markets analyst at ICF have an opportunity []

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US Residential Solar Systems See Growth in Size, Decline in Price

An annual solar report released by Lawrence Berkeley National Laboratory (LNBL), Tracking the Sun, has made key observations about the residential solar systems in the US. The report records the trends in the US market for close to 2.5 million systems installed in 2021 year-end, along with the preliminary data for the first half of []

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The Top 5: Factors Affecting The Price Of Solar Power

Solar energy has grown exponentially in recent years thanks to the global trend of developing low or zero-emission energy. Clocking exponential growth, solar is on the verge of entering a new era of Terawatt solar. SolarPower Europes latest Global Market Outlook reveals that worldwide, global solar capacity doubled in 3 years from 2018, bringing the []

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