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France’s TotalEnergies Partners with Brazil’s Casa dos Ventos

Leading energy firm based in France, TotalEnergies (TTE) has joined hands with Casa dos Ventos (CDV)- Brazil’s renewable energy developer. The two will unite towards the creation of a 34% (TTE), 66% (CDV) JV for the development and operation of the renewable portfolio of Casa Dos Ventos. The renewable energy portfolio entails 700 MW of […]

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IRENA Study Calls Renewable Pathway More Cost Effective than Fossil Fuels in Indonesia

A new study by the the International Renewable Energy Agency (IRENA) states that Indonesia’s untapped potential for renewable energy can  help meet the growing demand and prove to be more cost effective when compared to its dependence on domestic and imported fossil fuels. The report entitled Indonesia Energy Transition Outlook, which has been jointly put […]

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Octopus Energy Partners with Nexta for 1.1 GW Renewables in Italy

UK-based  wind and solar farms builder Octopus Energy Generation has said that it will enter Italy’s green power market by investing in renewable energy developer Nexta. Octopus held that the move will help the country wean itself off gas and lower future energy bills. As per the official statement, Octopus Energy Development Partnership (OEDP) is […]

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Renewable Energy Production of Iberdrola Exceeds 55,500 GWh

Spanish multinational utility company Iberdrola has informed that its renewable energy production has exceeded 55,500 GWh in the first nine months of this year. The strong performance has come due to the new installed capacity and the performance of onshore wind power that compensated for the lack of rain in recent months. The onshore wind […]

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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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European PPA Prices Double Y-o-Y Since Energy Crisis: Pexapark

Swiss firm Pexapark, which provides software and advisory services for post-subsidy renewable energy sales and risk management, has released a report entitled “Reflections on an ‘uprecedented’ year”. The study offers a comprehensive view  on how the global energy crisis, that has led to an unprecedented period of market turmoil, has affected renewable energy trading and […]

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UK-Based Aukera to Acquire 1000 MW Solar Portfolio in Germany

European RE investment giant Aukera BV has announced that it is to acquire a solar PV portfolio of projects under development across Germany with an initial 1,000 MW of total capacity from Securenergy Solutions AG. Aukera said that Securenergy Solutions will be responsible for the development of the projects, which itintends to build, own, and […]

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Leading Renewable Energy Developer Tri Global Energy Acquired by Enbridge

One of the leading developers of renewable energy in the USA, Tri Global Energy has completed its acquisition by Enbridge, Canada’s largest energy company. The official statement of Tri Global Energy further has confirmed this. In the process, Lazard served as lead financial advisor to Tri Global Energy, and Haynes and Boone served as outside […]

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Germany’s RWE to Acquire US’ Con Edison CEB at $6.8 Billion

Germany-based global renewable energy development company RWE AG has said that it has signed a purchase agreement with Con Edison to acquire its Con Edison Clean Energy Businesses (Con CEB) that operates and develops renewable energy plants in the United States. It has 3 GW of operating capacity with 90 per cent in solar. Con […]

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