FRANKFURT/LONDON : Oil majors BP and TotalEnergies emerged as the winners in a 7 gigawatt (GW) offshore wind site auction in Germany worth 12.6 billion euros ($13.96 billion), highlighting the appeal of renewable assets across Europe. The move comes as European oil giants seek to grow their low-carbon businesses by entering the renewables sector, a […]
Big German Asset Manager Buys 400MWh Big Battery Portfolio in Australia – EQ Mag Pro
A major German asset manager Aquila Capital – with more than $14 billion under management and a sizeable renewable energy portfolio – has entered the Australian utility battery storage market by buying a portfolio of projects totalling 220MW and 440MWh. The deal with Spanish company Grupo Gransolar is for three battery energy storage systems (BESS) […]