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Aquila Capital and FNSF collaborate for 1GW Solar Farm in New Zealand

New Zealand will soon have a large-scale solar farm begin to produce 1GW. That is a big deal, because TOTAL solar capaciy in NEw Zealand has barely crossed 200 MW till date. German investment outfit Aquila Capital and local PV project developer Far North Solar Farm have joined their hands to collaborate to make this […]

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The Top 5: The Net Zero Commitments of Mining Firms & The Opportunity For Renewable Energy

A mining company can never walk away from environmental damage and pollution. With the sentiments now focused on bringing down the emissions to achieve net-zero carbon emission targets, the top miners have also set their emission reduction goals. This article lists down the net-zero targets and measures by top mining companies based on their market […]

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Soluna Raises $35M from Spring Lane Capital to Build Green Data Centers

Soluna Holdings, Inc. (“SHI”) the parent company of Soluna Computing, Inc. (“SCI”), secured $35 million in project financing to develop green data centers co-located with renewable energy assets. Spring Lane Capital, a private equity firm, invested private funds in Soluna as a part of their strategy focused on hybrid project capital for sustainability solutions in […]

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Korea Zinc Subsidiary Ark Energy In Major Renewable Deals

Ark Energy Corporation Pty Ltd, an Australian subsidiary of zinc, lead and silver giant Korea Zinc Co. Ltd, has acquired a 9 GW solar and wind pipeline from renewable energy developer Epuron Holdings Pty Ltd. Yun B. Choi, Founder and Chairman of Ark Energy and Vice Chairman of Korea Zinc, said the Epuron acquisition is an important […]

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Fresh CERC Regulations For RE Certificates for RE Market Development

The Central Electricity Regulatory Commission (CERC) released on May 9 a set of regulations for development of renewable energy market through renewable energy certificates, holding back the date of enforcement. The National Load Despatch Centre remains the mandated Central Agency to enforce a host of regulations like (i) registration of eligible entities, (ii) developing a […]

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China, Europe Will Lead World To Record-breaking RE Capacity In 2022

The International Energy Agency (IEA) said today (May 11) that China and Europe would lead the world to set a new record in renewable energy capacity in 2022 after which the momentum could drop in the following year. The findings come from IEA’s Renewable Energy Market Update for May, 2022. A press release issued by […]

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Austria’s Verbund bags renewable portfolio in Spain

Austrian hydropower utility Verbund said on Monday it had acquired a portfolio of renewable energy assets in Spain from local private equity fund Q-Energy for an undisclosed sum. The assets include operating photovoltaic power plants with a combined capacity of 82 megawatts (MW) and projects planned to have an eventual capacity of up to 4,000 […]

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AIIB gives $200 million loan to Bangladesh to develop renewable energy

Bangladesh has got a long term credit facility of $200 million from the Asian Infrastructure Investment Bank (AIIB) to develop a range of infrastructure projects top of which stands renewable energy expansion in the country. The renewable energy and electricity infrastructure improvement is to ensure optimal power supplies throughout Bangladesh. The official statement from the […]

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Now, A Hydrogen Valley In South Africa Pipeline

  South Africa’s Department of Science and Innovation (DSI) and the South African National Development Institute are creating a Hydrogen Valley in partnership with Anglo American, Bambili Energy and ENGIE. A press statement released by mining major Anglo-American reads, “The proposed hydrogen valley will stretch approximately 835 kilometres from the platinum group metals-rich Bushveld geological […]

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