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RGreen Infuses EUR 250 million in Israel’s Econergy Renewable

RGreen Invest, the French Asset Manager, has announced that it has taken its partnership with Israel-based Econergy Renewable Energy further with an additional EUR 87.5 million investment. In total, RGreen is investing EUR 250 million in Econergy. The additional capital will be invested in the form of equity that will help Econergy to swell its RE projects’ […]

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The Curious Case of Switching Off Rooftop Solar And Pleading For Power Consumption In South Australia

In the past week, South Australia has seen the apparently curious situation of the national grid operator switching off itself, or asking owners to switch off rooftop solar systems in the state, even while requesting them to increase demand by switching on more appliances and other power hungry equipments. This apparent dichotomy  is easily explained, […]

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Microgrid to Attract Multibillion Investments By 2031: Guidehouse Insights

A new report from Guidehouse Insights has said that Asia Pacific and Middle East and Africa currently lead the energy access microgrids market and are expected to continue leading the energy access across microgrids market through 2031. Revenue from microgrid investments in Asia Pacific will likely reach $7.7 billion by 2031, and microgrid revenue in […]

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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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Enel North America to Build Solar Cell, Panel Manufacturing Facility in US

Enel North America has announced through its affiliate 3Sun USA about its intention to build an industrial-scale production facility in the US for the manufacturing of solar photovoltaic (PV) modules. The official statement by Enel held that the proposed facility is expected to have a minimum production capacity of 3 GW. It could be scaled […]

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Denmark’s Largest RE Firm Orsted Expands Presence in Texas, US

The largest energy firm in Denmark, Orsted will be establishing a new office in Texas. The new premises that will be an EPC centre (engineering, procurement and construction) for its portfolio of clean energy solutions. The new office that is to come up in Texas will mark its opening in the first half of next […]

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