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Meta & D. E. Shaw Renewable Sign 200 MW Clean Power Project in Arkansas

The signing of a long-term renewable energy offtake deal with Meta was recently announced by D. E. Shaw Renewable Investments (DESRI), a significant U.S. producer of renewable energy. To come up in Phillips County, Arkansas, the Long Lake Project (also known as Long Lake) will be a 200 MWac project. To meet the region’s expanding […]

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Australia’s Biggest Wind Project to Double in Size for First 2 GW Cluster

Australian States have constantly been ramping up efforts in renewable energy, wind energy included. Now, Queensland, dubbed as the ‘Sunshine State’, has recently revealed its aspirations with regards to what the government has termed as one of the largest wind onshore projects globally. This will entail a new 1 GW project by Acciona, a Spanish […]

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152 MW Wind Project of rPlus Energies Acquired by Clearway

In late 2021, rPlus Energies sold its interest in the approximately 152 MW ‘Cedar Creek Wind’ project to Clearway Energy Group. This announcement follows Clearway’s recent statement that it has signed a long-term power purchase agreement (PPA) between Cedar Creek Wind and PacifiCorp. Clearway is one of the largest renewable energy players in the USA. […]

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AfDB Invests $20 Million in Fund for RE Expansion in Sub-Sahara

African Development Bank (AFDB) has held in a key announcement that the Board of Directors of the AfDB Group has approved an equity investment of $20 million in Evolution Fund III. It is a pan-African clean and sustainable energy private equity fund that is mobilising about $400 million into renewable energy and resource-efficiency assets across […]

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EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27

The Emerging Market Climate Action Fund (EMCAF) has announced a $25 million investment into Alcazar Energy Partners II, a fund providing early-stage equity financing to develop, construct and operate renewable energy projects in the Middle East, North Africa, Eastern Europe and Central Asia. This commitment is in parallel to EIB Global, the dedicated arm for […]

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Will Hydrogen Contribute Toward Energy Transition Of India?

The first few days of CoP27 have shown quite an enthusiasm for the potential of hydrogen to the energy transition. Government and private leaders have endorsed hydrogen as an opportunity and solution to decarbonise the economy. While the countries in the Middle East and North Africa (MENA) region are eager to exploit the potential of […]

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Yulu Signs MoU With Government of Karnataka to Invest 1200 Cr to Deploy 1 Lakh EVs

The government of Karnataka and Bengaluru’s electric mobility startup Yulu have struck an agreement for the company to spend Rs. 1200 crore in the state. According to the agreement, over the next five years, Yulu will deploy a fleet of 1 lakh electric vehicles and operationalize the state’s largest EV battery charging and swapping infrastructure. […]

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SB Energy to Supply 942 MW Green Energy to Google Data Center in Texas

A leading climate infrastructure and technology platform headquartered in the San Francisco Bay Area, SB Energy Global has announced that Google will purchase about 75% percent of the renewable energy produced by four of its solar projects that are currently under development. The projects, totaling 1.2 gigawatts (GW) of capacity will support Google’s investment in […]

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