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Tokyo-based Eneos to Buy Japan Renewable Energy for $1.8 B

Tokyo-based Eneos Holdings, Japan’s biggest refiner, said on Monday it would buy Japan Renewable Energy (JRE) for about 200 billion yen ($1.8 billion) to expand its low-carbon business, joining a list of major global companies moving away from climate-changing fossil fuels. Eneos, which aims to have net-zero emissions by 2040, will buy JRE from Goldman […]

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ReNew Power Targets 18GW Capacity by 2024-25, from 6.4GW at Present

To lead India’s energy transition and global green energy transformation, ReNew aspires to have 18 GW of operational capacity by FY’25, said Gurugram-based ReNew Power in a statement released yesterday. The company’s current operating capacity stands at 6.4 GW. ReNew expects to have its 10.2 GW portfolio operational by the end of FY’23 which also includes […]

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GE Renewable Confirms 900 MW Wind Order, Tests 14 MW Haliade-X Turbine

GE Renewable Energy confirmed on October 11 that it received a firm order in September, to supply its Haliade-X offshore wind turbines to the 800MW Vineyard Wind 1 project. In December 2020, it was the designated preferred supplier. The Vineyard Wind is currently building the first utility-scale offshore wind energy project over 15 miles off […]

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SUSI Partners to Fund Canopy Power’s Renewable Microgrids

Swiss fund manager SUSI Partners, through its Asia Energy Transition Fund (SAETF), has joined forces with Singapore-based microgrid technology provider Canopy Power to bring clean power solutions to off-grid locations across Southeast Asia. It is SUSI’s second investment in Southeast Asia following the creation of a joint venture with Malaysian company InvestEnergy which is dedicated […]

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I Squared Capital Sets Up New Renewable Energy Platform

Global infrastructure fund manager I Squared Capital has established Cube Green Energy, a renewable energy platform dedicated to accelerating the energy transition to a zero-carbon economy in Continental Europe. The platform will develop, re-power, construct, and operate wind and solar farms, as well as invest in the deployment of associated emerging technologies such as battery […]

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