SUBSCRIBE NEWS LETTER

renewable energy investment

ESS, SB Energy to Deploy 2 GWh Long-Duration Storage in US

ESS, a U.S. manufacturer of long-duration batteries, has entered into a framework agreement with SB Energy, a wholly owned subsidiary of SoftBank Group Corp, to deploy two gigawatt-hours (2 GWh) of ESS batteries through 2026. The agreement demonstrates ESS and SB Energy’s shared commitment and vision of a global shift to renewables and decarbonization of […]

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Tyre Maker CEAT Buys 26% Stake in Cleanwin Energy

Tyre maker CEAT Ltd on Monday announced it has completed the acquisition of 26 per cent stake in Cleanwin Energy, for which it had signed a pact with Yellowstone Clean Energy LLP last month. Cleanwin Energy owns, operates and maintains a captive wind power generating plant in Maharashtra. The RPG Group company plans to move […]

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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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Egypt’s EFG Hermes to Inject €625 M into Ignis Energy’s RE Plans

Vortex Energy, a global renewable energy platform managed by the private equity arm of Egypt’s EFG Hermes, has entered into a definite agreement with Ignis Energy Holdings, parent company of Spanish independent integrated renewable player Ignis Group. Vortex Energy will inject over €625 million through its newly launched Vortex Energy IV Fund and its co-investors […]

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Developers Take Innovative Approaches to Alternative Energy Production

Demand for solar energy is on the rise around the world. In the U.S., the second quarter of 2021 has also seen impressive gains in implementation of solar. According to the Solar Energy Industries Association (SEIA), the U.S. installed 5.7 gigawatts (GWdc) of solar PV capacity in Q2 2021 to reach 108.7 GWdc of total […]

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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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EIB Grants Ørsted €500 M Loan for Green Energy Projects

The European Investment Bank (EIB) has signed a EUR 500 million loan with Danish energy company Ørsted to support its increased capex programme on renewable energy projects, and the conclusion of the Borssele 1 & 2 wind farms off the Dutch coast with a long-term commitment from the EIB. The EIB issues long-term loans on […]

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Phelan Energy Unveils New Floating Solar Panel Tech

Phelan Energy Group (PEG) unveiled a new floating solar panel at the SolarPlaza, Floating Solar conference, in Amsterdam, Netherlands, yesterday. This new concept design and efficiency will make its power output price competitive, or lower than land based solar systems, said Chairman Paschal Phelan. Floating PV has been hailed for its huge potential in the next […]

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