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renewable energy investment

NextEnergy Solar Fund Acquires 250 MW Battery Storage Portfolio in UK

Guernsey-based leading investment company NextEnergy Solar Fund Ltd has announced that the company has purchased a 250 megawatt (MW) diversified portfolio of battery storage projects and grid connections. The portfolio lies in east of England in United Kingdom. NextEnergy Solar Fund is an asset manager in the solar energy sector. As per the announcement, NextEnergy […]

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ACWA Power, EBRD sign pact for Renewable Energy Infra Projects

Key Saudi Arabian power generator and RE player ACWA Power Company has announced that it has signed a Memorandum of Understanding to finance sustainable infrastructure projects with the European Bank for Reconstruction and Development (EBRD). The pact was announced on the side lines of the Future Investment Initiative Forum, which took place in Riyadh. The […]

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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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General Motors Secures 100% Energy Needed to Achieve RE Goal

Auto giant General Motors has announced the finalization of energy sourcing agreements required to secure 100% of the energy needed to power all its US facilities by 2025. This is in line with the accelerated target which is five years ahead of the 2030 target announced in early 2021. Through this, GM expects to avoid […]

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Polish Energy Firm R Power Secures €30m Financing Agreement

Poland-based solar developer R Power signed a €30m loan agreement with Eiffel Investment Group to facilitate the establishment of R Power’s solar projects across Europe. The loan was approved from bridge financing funds taken care of by the French investor for a time span of up to 18 months. The agreement also entails an option […]

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Levi Strauss Teams up with Walmart, Orsted, Schneider Electric for Wind Energy Project

American clothing company known for manufacturing denim jeans, Levi Strauss has joined forces with Walmart Inc, Orsted, Schneider Electric for the purchase of percentage of the renewable energy that is to be generated by Kansas-based Sunflower Wind Farm. The financial terms of the agreement have not been disclosed, however, it has been revealed that the […]

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First Solar Secures Second GW Scale Solar Module Order from Swift Current Energy

Leading global provider of PV solar solutions First Solar has revealed that it has entered into an agreement with Swift Current Energy. The agreement will pave the way for First Solar to supply Swift Current Energy  with 2 gigawatts (GW)DC of high-performance, thin film solar modules in 2025 and 2026. Swift Current Energy, headquartered in Boston, […]

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Borosil Renewables Closes Acquisition Of Solar Glass Maker Interfloat

Mumbai-based solar glass manufacturer Borosil Renewables Ltd (BRL) and EU-based Interfloat Group  announced the Borosil Renewables’ acquisition of 86% stake in the Interfloat Group, through its overseas wholly-owned subsidiaries. GMB operates a solar glass plant with a production capacity of 300 TPD (Tonnes per Day). With its acquisition of the Interfloat Group, BRL’s solar glass […]

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Masdar Acquires Arlington for Renewable Energy Storage in UK, Europe

Renewable energy conglomerate Masdar has announced that it has acquired UK-based battery energy storage system (BESS) developer Arlington Energy that will enable Masdar to expand its presence in the UK and European RE markets and support countries’ net-zero objectives. Arlington Energy delves into developing, building, operating and financing flexible energy solutions; having taken over 170 […]

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