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AfDB Invests $20 Million in Fund for RE Expansion in Sub-Sahara

African Development Bank (AFDB) has held in a key announcement that the Board of Directors of the AfDB Group has approved an equity investment of $20 million in Evolution Fund III. It is a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across […]

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Panasonic Demonstrates New Technology Solution to Optimise Renewable Energy

Global electronics and RE late entrant Panasonic has announced that it has developed an innovation to enhance renewable energy. The company has introduced an experiment called ‘H2 KIBOU FIELD’ at the Kusatsu factory in Shiga Prefecture, Japan. In the novel experiment, Panasonic found that battery storages, pure hydrogen fuel cell generators and solar PV generators […]

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Norwegian Energy Associations Norwea, Energi Norge Merge

Norwegian energy associations Norwea and Energi Norge have combined to create a new entity called Fornybar Norge. The new firm will be a large interest organisation committed to renewable energy in Norway. The said organisation will begin operations from January 1 next year. The merger received approval unanimously after both the companies organised their yearly […]

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Asia Brewery Awards 13.8 MWp Rooftop Project to TotalEnergies ENEOS

Asia Brewery Inc. (ABI), a diversified beverage company based in the Philippines, has given TotalEnergies ENEOS a contract for a 13.8 MWp solar photovoltaic (PV) system power plant on one of its manufacturing plants in the country. About 24% of the facility will be powered by renewable energy thanks to this technique. One of the […]

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POSCO Holdings, GS Energy In Tie-Up To Recycle Secondary Batteries

POSCO Holdings has announced that it has signed an agreement for the establishment of a secondary battery recycling joint venture with GS Energy called ‘POSCO-GS Eco Materials.’ The official statement held that the agreement was signed on October 6. POSCO Holdings signed a joint venture agreement with GS Energy to establish a new company, POSCO-GS […]

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Capital Dynamics Raises EUR 521 Million for Clean Energy Infrastructure Fund

Independent private asset management firm based in Singapore, Capital Dynamics has announced the final closing of Capital Dynamics Clean Energy Infrastructure IX (CEI IX), which is the company’s latest renewable energy fund. The official statement held that CEI IX exceeded its initial target of EUR 300 million by approximately 75% and closed with EUR 521 […]

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IIT Mandi Recycles Polymers with Microwaves, Makes Wind Turbine Blades

To quickly and sustainably produce wind turbine blades, researchers at the Indian Institute of Technology, Mandi, have employed microwaves to recycle polymer composites. Compared to the alternatives now in use, such as landfills and thermal-based recycling, the institute said that this method is quick and sustainable. The Journal of Resources, Conservation and Recycling has published […]

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ATCO Acquires RE Portfolio Worth C$730 M From Suncor Energy

Canadian Utilities Limited said that it has signed an agreement with Suncor Energy under which the utility firm will acquire a strong portfolio of wind and solar assets and projects located in Alberta and Ontario regions of Canada. The deal is achieved for a purchase price of C$730 million. Suncor is an Alberta based integrated […]

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DIF Announces Investment In Qair – 1GW Global Renewables Platform

DIF Capital Partners (DIF) has announced that it will be investing in Qair through its Infrastructure VII fund. Qair is a French renewable energy platform. The objective of the investment is to step-up the growth and portfolio build out. Last week, DIF had also announced an investment into 5 renewable projects in Australia and Europe. […]

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