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StatKraft To Aquire Solarcentury In $152 M deal

Norwegian renewable energy major StatKraft has announced a deal to acquire UK based Solarcentury. The deal, worth a total of $152m (£118m) will involve StatKraft buying the shares from multiple investors, including PE investors, in Solarcentury, the largest solar PV firm in the United Kingdom. The London-based Solarcentury, a well-known name in the solar panel […]

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LAVLE Receives Funding from Ocean Zero to Further Innovation Across Battery Tech and Energy Storage Sectors

LAVLE, the leading U.S.-based supplier and developer of superior battery technologies and energy storage systems (ESS) for the renewable energy, marine, rail transportation, aviation, defense, and other markets, today announced a round of funding from Ocean Zero, LLC. The investment will further support LAVLE’s mission of enabling carbon reduction through its innovative, next generation technologies. […]

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IOCL Signs MoU With IISc to Develop Hydrogen Generation Tech

IOCL has signed an MoU with IISc Bangalore to develop and demonstrate biomass gasification-based hydrogen generation technology. The Indian Oil Corporation (IOCL), the largest fuel retailer in India, has announced that it has signed a Memorandum of Understanding (MoU) with the Indian Institute of Science, Bangalore (IISc) to develop and demonstrate biomass gasification-based hydrogen generation […]

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Vestas Makes Offshore Move, to Acquire MHI’s Share in MHI Vestas

Vestas and MHI have signed an agreement which will see Vestas acquire MHI’s shares in the MHI Vestas Offshore Wind joint venture Vestas Wind Systems, a world leader in sustainable energy solutions, and Mitsubishi Heavy Industries (MHI), a leading global manufacturing and engineering firm, have signed an agreement to expand their partnership in sustainable energy. […]

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Total Wins 20% of the Latest National Solar Tenders in France

Total has been awarded 67 MWp of solar projects representing 20% of the volumes awarded in the eighth period of national solar tenders called in France Total, through Total Quadran, a wholly-owned affiliate dedicated to developing and producing renewable energy in France, was awarded 67 megawatt-peak (MWp) of solar projects representing 20 percent of the […]

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APAC’s RE Capacity to Grow to 815 GW in 2025, led by Solar: Report

The installed capacity of RE in the Asia-Pacific region is set for a major boost in the next five years, reaching 815 GW in 2025 from 517 GW this year The installed capacity of renewable energy (RE) in the Asia-Pacific (APAC) region is set for a major boost in the next five years, to 815 […]

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Etrion Completes Sale of 60 MW Mie Solar Power Project

Etrion Corporation has completed the sale of its investment interest in the Mie 60 MW solar project and received approximately USD 32.2 million. Etrion Corporation, an independent solar power producer has announced that it has completed the sale of its investment interest in the Mie 60 MW solar project and received JPY 3.4 billion (approximately […]

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Iberdrola Acquires New Mexico and Texas Utility PNM Resources

Iberdrola, through its US subsidiary AVANGRID, has announced the acquisition of PNM, the largest utility in New Mexico with operations in Mexico. Iberdrola, through its US controlled subsidiary AVANGRID, has announced the acquisition of PNM. This friendly transaction, recommended by PNM’s board of directors, will be effected via merger. PNM’s shareholders will receive $4.3 Bn […]

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SECI Issues RfS for 1200 MW Wind-Solar Hybrid Projects

SECI has issued the RfS document for setting up of combined 1200 MW wind-solar ISTS-connected hybrid power projects anywhere in India (Tranche – III). The Solar Energy Corporation of India (SECI) has issued the Request for Selection (RfS) document for the selection of project developers for setting up of combined 1200 MW wind-solar ISTS-connected hybrid […]

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