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UK’s Gemcorp Capital Seeds $150 Million Into Kenyan Clean Energy Platform

UK based Gemcorp Capital Management Limited has committed a substantial capital investment into Milele Energy, a clean energy platform to be headquartered in Nairobi, Kenya that will focus on development, acquisition, and optimization of clean energy assets across sub-Saharan Africa. Gemcorp said that the seed investment includes funding for the planned acquisition by Milele of […]

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Construction Work Kickstarts on Orsted Offshore Wind Projects in Port of Emden

Construction work has kickstarted for Orsted’s Gode Wind 3 and Borkum Riffgrund 3 offshore wind projects in the Port of Emden. The wind turbines will be installed next year. The Denmark-based renewable energy firm, Orsted, has revealed that the wind farms will be handed over the operational management during 2024-end or at the beginning of […]

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Vattenfall, Havfram Sign Preferred Supplier Agreement for Norfolk Wind Projects

Global wind energy conglomerate Vattenfall has announced that it has appointed Havfram Wind as preferred supplier for the installation of wind turbines for the Norfolk projects of Vattenfall in the United Kingdom. Havfram said that the agreement covers transport and installation works over a period of three years, utilizing the new-build NG20000X Jack-Up Wind Turbine […]

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Iberdrola to Supply Over 1 TWh Renewable Power to Amazon

In a key development that will step-up the decarbonisation of global e-commerce and cloud company Amazon, Spanish energy firm Iberdrola has inked its largest ever power purchasing agreement (PPA) under which it will develop large-scale renewable energy projects along with Amazon. The PPA is signed for the Iberdrola renewable energy projects – new wind and […]

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Brookfield, EIG Consortium Ink Pact to Acquire Origin Energy for A$18.7bn

A consortium comprised of Brookfield Renewable Partners, together with institutional investors GIC and Temasek, and MidOcean Energy of leading investor EIG will be acquiring 100% shares of Origin Energy Limited. The parities have signed a Scheme Implementation Deed. Origin Energy is Australia’s largest integrated power generator and energy retailer. The Scheme values Origin at an […]

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Renalfa Acquires 73 MW Bulgarian Wind Facility From Alpiq

Austrian renewable energy company Renalfa IPP has agreed to acquire the Vetrocom wind farm situated in Bulgaria from Switzerland based Alpiq. With a capacity of 72.5 MW, the wind farm, which is wholly owned by Alpiq, generates yearly an average of 135 GWh of climate-friendly electricity. Renalfa is a joint venture between the French investment […]

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Agrivoltaics Progress As Solution for Food Security & Climate Change

The substantial increase in the human population and the anthropogenic burden on the environment have led to two significant challenges for the world’s future development: climate change, with a focus on green and renewable energy to combat the global energy crisis, and rising hunger and malnutrition. While the former is often in the limelight on […]

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Tokyo Electric Power Company Holdings to Develop 1.9 GW Offshore Wind in Scotland

Just when many conventional energy and power firms of the world go honking for renewables, Tokyo Electric Power Company Holdings (TEPCO) has announced that it will be developing up to 1.9 GW of floating offshore wind energy in Scotland. TEPCO has secured rights to develop two separate floating offshore wind farms and it intends to […]

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Qcells Supplier Hanwha to Invest $147 Million in Georgian Facility

Hanwha Advanced Materials Georgia, a manufacturer of lightweight advanced materials for sustainable technology, will invest about $147 million in a new manufacturing facility to supply the Qcells facility in Cartersville. Georgia Governor Brian Kemp said that the Hanwha investment will create more than 160 new jobs in the City of Cartersville. Hanwha Advanced Materials Georgia, […]

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