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Investors propose taking ReNew Energy Global private in deal

Major investors in ReNew Energy Global have proposed taking the clean power generator private in a deal valued at $2.82 billion.  The consortium, which includes the Canada Pension Plan Investment Board and UAE-based Masdar, holds 64% of the...

Europe pushes to boost industrial competitiveness and decarbonization

Eurelectric, along with CEFIC (European chemicals) and European Aluminium, have outlined six key measures for improving Europe’s industrial competitiveness and advancing its decarbonization efforts.  The measures were discussed during the...

Eemshaven Port chosen for OranjeWind offshore wind project

RWE and TotalEnergies have chosen the port of Eemshaven in the Dutch North Sea as the assembly and construction base for their joint offshore wind project, OranjeWind.  Located in the northern Groningen province, Eemshaven will serve as the hub for...

Zimbabwe secures $250m for floating solar project at Kariba Dam

Zimbabwe’s industrial power users, represented by the Intensive Energy User Group (IEUG), have secured $250 million in financing from the African Export-Import Bank (Afreximbank) to develop a floating solar project at Kariba Dam.  The project, which...

Acadia leads $9bn renewable energy initiative with Microsoft

US-based investor Acadia Infrastructure Capital, along with major companies including Microsoft, has launched a $9 billion initiative to develop renewable energy projects across the United States.  The initiative, known as the Climate and Communities...

Solar Landscape raises $847 million for rooftop solar projects

Solar Landscape, a US-based commercial and community solar developer, has raised $847 million in project investment and financing in 2024.  This funding will support the deployment of over 200 rooftop solar installations across the country. ...

Technip Energies and GE Vernova secure Net Zero Teesside power project

Technip Energies, GE Vernova, and Balfour Beatty have been awarded the engineering, procurement, and construction contract for the Net Zero Teesside Power (NZT Power) project, the world’s first gas-fired power plant with carbon capture and storage...

Intersect Power, Google, and TPG Rise Climate to build clean energy

Intersect Power has partnered with Google and TPG Rise Climate to co-locate renewable energy infrastructure with data centres, aiming to meet the growing demand for clean power while reducing reliance on long-distance transmission. The initiative...

Nextracker delivers first 100% US-manufactured solar trackers under IRA

Solar tracker provider Nextracker has announced the delivery of its first US-manufactured solar trackers, achieving 100% domestic content value under the Inflation Reduction Act (IRA). This marks a key advancement in localizing the US solar supply...

Recurrent Energy secures PPA for 300MW solar project in Spain

Canadian Solar subsidiary Recurrent Energy has signed a ten-year power purchase agreement (PPA) with a US-based technology company for renewable energy from its Tordesillas solar photovoltaic (PV) project in Valladolid, Castilla y León, Spain. The...

SSEN Transmission plans £22bn investment for 2026-2031

SSEN Transmission, a subsidiary of SSE, plans to invest at least £22 billion ($28 billion) in grid infrastructure between April 2026 and March 2031.   The proposed investment aligns with the Revenue = Incentives + Innovation + Outputs (RIIO)...

California Resources partners with Net Power for low-carbon power projects

California Resources Corporation (CRC), its carbon management arm Carbon TerraVault (CTV), and Net Power have signed a memorandum of understanding (MoU) to advance low-carbon energy solutions in California.  The collaboration aims to integrate Net...

EU approves €2.6bn support for Estonia’s offshore wind sector

The European Commission (EC) has approved a €2.6 billion ($2.7 billion) scheme to support Estonia’s offshore wind energy sector, advancing the country’s goal of achieving net-zero emissions.  This initiative, aligned with the Estonian Maritime...

Davidson Kempner and NIC acquire Greencells’ solar and storage platform

Davidson Kempner Capital Management and Nature Infrastructure Capital (NIC) have jointly acquired Greencells Group’s Netherlands-based solar and storage project development platform.  The platform specializes in utility-scale solar and battery...

Iberdrola secures licence for 274 MW wind project in Portugal

Iberdrola has received a production licence from the Portuguese Directorate-General for Energy and Geology (DGEG) for a 274 MW wind project in Vila Real and Braga.  The project involves an investment of €350 million ($369 million) and will integrate...

Arevon Energy starts up Eland 1 Solar plus Storage Project in California

Arevon Energy has announced the commencement of operations at its 384 MWdc Eland 1 Solar plus Storage Project in Kern County, California.  The project includes a 150 MW/600 MWh energy storage system. The second phase, Eland 2, is currently under...

TNB and Sembcorp to export 50 MW renewable energy to Singapore

Tenaga Nasional Bhd (TNB) and Sembcorp Power Private Limited have signed an agreement for Malaysia’s first renewable energy export to Singapore, with the supply of 50 MW of electricity. This agreement follows the Energy Exchange Malaysia auction held...

Jacobs partners with Terra Solar for energy project in Philippines

Jacobs has joined hands with Terra Solar Philippines Incorporation for a $3.3 billion energy project aimed at meeting 12% of the Philippines’ energy demand. The initiative features a 3.5 GW solar plant and 4.5 GW battery storage system spread...

EU to prioritize geothermal energy to reduce reliance on Russian gas

The European Union plans to promote geothermal energy to replace Russian gas and lower energy costs, according to a draft document. At an upcoming meeting in Brussels, the 27 EU member states are expected to endorse geothermal energy collectively for...

BP and JERA to form offshore wind joint venture

BP and Japanese power generator JERA have announced a joint venture to create one of the world’s largest offshore wind operators, reported Reuters.  The 50-50 partnership, named JERA Nex bp, will combine their operating assets and projects, targeting...

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