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Investment
Pumped Storage
EnBW Builds Pumped Hydro Storage Facility in Germany
German power utility EnBW says its new pumped hydro storage project will require an investment of €280 million ($304.9 million). It is scheduled for comple…
Microgrid
Schneider Electric Releases New All-In-One Microgrid Solution
Schneider Electric announced it has released EcoStruxure Microgrid Flex, a standardized microgrid solution designed to significantly reduce project timeline acr…
Offshore Wind Power
Iberblue Wind Announces Second Floating Offshore Wind Farm off the Coast of Andalusia
The project, called La Pinta, will be off the coast of Granada and Almeria, and will have up to 55 wind turbines with an installed capacity of circa 990MW. The …
Pumped Storage
EnBW Invests €280 Million in Forbach Pumped Storage Plant
EnBW Energie Baden-Württemberg AG has announced its investment in hydropower and pump storage in Forbach, marking a significant step towards the energy tra…
Electrolyzer
Topsoe Invests $300M in Us Hydrogen Electrolyzer Factory
Denmark’s Topsoe A/S is set to invest $300 million in a US hydrogen electrolyzer factory, taking advantage of President Joe Biden’s wave of federal …
Hydrogen Project
India’s Renewable Hydrogen Demand Projected to Reach 2.85MN T/Yr by 2030
India’s investments in renewable energy and grid upgrades have provided the required assurance for investors to fund long-term hydrogen projects, accordin…
Green hydrogen
Overcoming Obstacles: Brazil’s Path to Green Hydrogen Dominance
A study by the Boston Consulting Group (BCG) revealed that global investments in the green hydrogen sector will range between $6tn and $12tn between 2025 and 20…
Net Zero
‘Carpooling Carbon’: Australia’s Net Zero Zones to Boost Investment, Climate Action and Jobs
A new report unveiled on the eve of the APPEA 2023 conference has revealed how net zero zones (NZZs) could be created across Australia to bring together energy …
Offshore Wind Power
OX2 Sells Stake in Its Finnish Offshore Wind Development Portfolio to Ingka Investments
OX2 has agreed with Ingka Investments to sell a 49 percent stake in its three offshore wind projects in Finland. The three projects will have a potential to rea…
Solar Technology
Verano Energy Continues to Add Projects to Its Growing Portfolio in Latin America With the Purchase of 296 MWP in Colombia
With the acquisition of three PV solar projects, the company specialized in development, construction, operation, maintenance and financing of renewable energy …
Wind Farm
RWE Invests €8 Billion in Its Green Portfolio in the First Quarter of 2023
RWE is making swift progress on implementing its Growing Green strategy. The company expanded its green portfolio by 4.9 gigawatts (GW) with investments of &eur…
Geothermal Power Project
Greeneco Energy Geothermal Project in Türkiye to Be Awarded With Gov’t Incentives
The planned 49-MW geothermal power plant of Greeneco Energy in Sarayköy, Türkiye is set to receive an investment incentive equivalent to approx. USD 83 millio…
Energy Investment
UAE’s Mensha Ventures and China Join Forces to Invest $1BN in GCC Sustainable Projects
New Green Tech Fund aims to build portfolio companies in the green technology sector that will primarily focus on Gulf Co-operation CouncilThe UAE has been at t…
Gas power plant
New York Investment Group to Acquire 2.1GW of Gas-Fired Assets in Texas
Image: 123rfNew York-based LS Power has announced it will acquire 2,145MW of natural gas-fired generation in the ERCOT North region of Texas through a special-p…
Photovoltaic (PV)
MPIC Becomes Largest Shareholder of Solar Phillippines
Metro Pacific Investments Corp. (MPIC) has acquired a 42.82% stake in Solar Philippines Nueva Ecija Corp. (SPNEC) for PHP 24 billion ($430.6 million).Image: SPN…
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