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renewable energy investment

US Based BlackRock to Invest $1 Billion In Big Battery Projects In Australia

In what could prove to be a shot in the arm for the Australian energy storage industry, American investment conglomerate BlackRock has said that it looks to invest $1 billion in big energy battery projects in Australia. The company has agreed to acquire Australian company Akaysha Energy, which has nine projects attached to Australia’s main […]

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German Financial Services Provider ALH Group Acquires 16 Solar Farms From EnBW

Germany-headquartered financial services provider, Alte Leipziger Hallesche (ALH Group) has revealed that it is indirectly acquiring 49.9% of a portfolio of sixteen solar farms with a combined capacity of 597 MW belonging to Energie Baden-Wurttemberg AG (EnBW). As per the agreement, Weesow, Gottesgabe, and Alttrebbin solar projects are also part of the portfolio. The company […]

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Power Ministry Puts Phase-1 Of Emission Control Gear On Hold Basis IIT Report

The Indian Power Ministry has been effectively implementing pollution management methods (emission control) in selected energy crops to examine the benefits before rolling out the predicted 2 lakh crore of funding in all initiatives that would raise electrical energy rates. The government has indicated that the application of Flue-gas desulfurization (FGD) techniques increases carbon dioxide […]

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Offshore Wind Market Player Magnora Gets Authorisation To Develop Solar Project In South Africa

Norway-based renewable energy player Magnora ASA has announced that one of its solar power projects in South Africa has been granted environmental authorization, which it claims to be a major milestone for the project. According to the official statement of Magnora, the approved solar project will have a total installed capacity of approximately 260 MW […]

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Property Manager CBRE To Focus On Solar, Battery Storage

Real assets investment management company, CBRE Investment Management has shared the news of launching a sustainability initiative that looks at escalating the development of solar projects within its direct logistics portfolio. The present portfolio of the company spans 17 countries in the world and covers more than 600 assets, 200 million sq. ft. and $30.2 […]

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Coal Miner Seriti Resources Acquires Majority Stake In Windlab Africa

South Africa’s leading coal miner, Seriti Resources has said that it has agreed to acquire a majority stake in wind and solar-powered assets of Windlab Africa- a wind energy site developer, through its subsidiary Seriti Green. Seriti is looking at lowering its carbon footprint and ensuring long-term sustainability as a diversified energy producer. Windlab Africa […]

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Hindalco Partners With Greenko To Produce Solar & Wind Power For Odisha Smelter

Aditya Birla Group owned Hindalco and energy transition company Greenko Energies have announced that they have entered into a commercial arrangement to set up a renewable energy project for supply of 100 MW round-the-clock carbon free power. The arrangement covers the development of 375-400 MW of solar and wind capacity. The official statement by Hindalco […]

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