Transition to drive multi-decade rise in transmission capex; initiate Power Grid, Hitachi (Buy), Schneider (Sell) For more information please see below link:
The final close of GSAM’s Horizon Environment & Climate Solutions I comes as investors increasingly turn their attention to companies that can help in the world’s fight against global warming LONDON : Goldman Sachs Asset Management, the fund arm of Goldman Sachs, said on Tuesday it had raised $1.6 billion for its first private equity […]
During an interview with CNBC, Goldman Sachs’ Michele DellaVigna touches upon a number of issues related to the energy sector. He describes the Inflation Reduction Act as being “a great template.” The IRA was signed into law by President Joe Biden in August after being approved by U.S. lawmakers. The United States’ Inflation Reduction Act […]
The EU plans to install 40 gigawatts of electrolyzers within its borders and support the development of another 40 gigawatts of green hydrogen in nearby countries that can export to the EU by 2030. Citigroup analysts are highly bullish on fuel cells. Despite the bright long-term outlook for the hydrogen sector, companies like Plug Power […]
Goldman Sachs has set a 12 month price target of Rs 3,200 for Reliance Industries Limited (RIL) stock with a 22 per cent upside. “We see RIL as a unique energy transition story. For RIL, strong cashflow generation in the best in class old energy business (low cost structure and highest complexity) can fund the […]
The Slate solar and storage project is now serving Bay Area Rapid Transit, Central Coast Community Energy, Silicon Valley Clean Energy, Stanford University and the Power and Water Resources Pooling Authority STRATFORD, Calif :Goldman Sachs Renewable Power, an affiliate of Goldman Sachs Asset Management that owns more than 850 solar and storage projects across the […]
“We need something that takes today’s role of natural gas, especially to manage seasonality and intermittency, and that is hydrogen,” Goldman Sachs’ Michele DellaVigna told CNBC. Described by the International Energy Agency as a “a versatile energy carrier,” hydrogen can be produced in a number of ways. One method includes using electrolysis, with an electric […]
Hydrostor Inc. (“Hydrostor”), a leading long-duration energy storage solution provider, today announced a preferred equity financing commitment of US$250 million from the Private Equity and Sustainable Investing businesses within Goldman Sachs Asset Management (“Goldman Sachs”). The investment proceeds will be used to support development and construction of Hydrostor’s 1.1GW, 8.7GWh of Advanced Compressed Air Energy […]
Goldman Sachs Group Inc. has more than tripled environmental, social and governance investments in Asia, stepping up efforts to meet a growing need from clients to limit their greenhouse gas footprints. The New York-based bank has completed nearly 15 investments based on ESG criteria in the past two years, up from just four during the […]