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TotalEnergies completes renewable energy acquisitions across Europe, Africa, and Canada

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TotalEnergies has completed the acquisition of multiple renewable energy projects across Europe, Africa, and Canada. These include wind, solar, and hydropower assets in partnership with VSB Group, SN Power, and RES. In Europe, the acquisition of VSB Group adds 500 MW of capacity that is either installed or under construction, along with a development pipeline of over 15 GW in wind and solar. In Africa, TotalEnergies has acquired SN Power’s assets, gaining a 28.3 per…

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Germany’s wind power shortfall drives up Europe’s energy prices

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  Germany, Europe’s largest wind power producer, is experiencing its most prolonged period of below-average wind power generation since early 2021, as reported by Reuters.  This shortfall is attributed to low wind speeds since October 2024. Wind power, which is Germany’s primary electricity source, typically peaks in winter when wind speeds are highest. The reduced output has forced Germany to rely more on fossil fuels and increase power imports, raising regional power prices across Europe….

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Mirova to invest $518m in RP Global’s clean energy projects

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French asset management firm Mirova has committed €480 million ($518 million) to RP Global, an independent power producer (IPP), to advance its 2.5 GW pipeline of clean energy projects across Europe. The investment is split between the Mirova Energy Transition 6 (MET6) fund, providing €200 million, and an additional €280 million from a co-investment vehicle managed by Mirova. This partnership makes MET6 a significant minority shareholder in RP Global. Anne-Laure Messier, Mirova’s investment director, highlighted…