Analysts call the move “a further evolution of the trend of commercial solar into more patient capital.” Another community and commercial solar developer goes to an infrastructure fund, with the Monday announcement that U.S.-based JLC Infrastructure has purchased Connecticut’s Greenskies Renewable Energy. The benefits afforded by the JLC acquisition are threefold, according to Greenskies vice […]
Shell on the growth path after ESCO solar splash
Shell has flagged a hunger for more acquisitions and hinted at interest in pumped hydro generation as it furthers its aggressive expansion into electricity supply in Australia with the purchase of a 49 per cent stake in solar farm developer ESCO Pacific. The deal, the price of which wasn’t disclosed, follows just weeks after the […]
UK, France, Netherlands commit US$350m in support of Africa’s solar energy
AFRICA: France, The Netherlands and the United Kingdom have committed to invest US$350 million in solar energy and electricity storage in Africa, Afrik21 reported in September this year. The strategic investment comes at a time when Africa is relying on renewable energy to provide access to electricity for its population. Countries in sub-Saharan Africa will […]
DEWA developing clean solar energy programme to drive Dubai growth
Integrated programme will allow a tenth of citizens’ homes to be self-sufficient in terms of water, food and energy Dubai is developing an integrated programme to build a comprehensive system that will allow a tenth of its citizens’ homes to be self-sufficient in terms of water, food and energy, mainly with the help of clean […]
Actis raises US$1.23 billion in first Long Life Infrastructure Fund14/08/19
Actis, a leading growth markets investor, today announced that it has completed fundraising for its first Actis Long Life Infrastructure Fund (“ALLIF”). The ALLIF fund was raised by Actis’ in-house teams and represents over US$1.23 billion of fund commitments plus co-investment, delivering up to approximately US$2 billion of investable capital for this new strategy. ALLIF’s […]
Which energy storage technology is going to power Australia’s future?
Recent events in Australia indicate a growing appetite for renewable energy and energy storage in the energy sector. Pumped hydro, thermal energy storage, hydrogen—which form of storage will reign supreme Down Under? New regulations and a growing share of renewables are changing the way the electricity market operates in Australia, opening up a playground for […]
$63.9 Bn Electric Vehicle Charging Infrastructure Market 2019-2025
Dublin : The “Electric Vehicle Charging Infrastructure Market Size, Share & Trends Analysis Report By Charger Type (Slow, Fast Charger), By Connector (CCS, CHAdeMO), By Application (Commercial, Residential), And Segment Forecasts, 2019 – 2025” report has been added to ResearchAndMarkets.com’s offering. The global electric vehicle charging infrastructure (EVCI) market size is expected to reach USD […]
Statkraft and Statera announce flexible grid alliance
Norwegian energy giant Statkraft and flexible grid specialist Statera Energy have today announced a new partnership to develop combined energy storage and flexible gas generation technologies in support of the UK’s net zero transition. The 15-year strategic partnership aims to deliver 1GW of flexible energy services as part of Statkraft’s UK-based Virtual Power Plant (VPP). […]
SAS and Airbus to Research Electric Aircraft Infrastructure
The partnership between SAS and Airbus would involve a joint research project where the two companies work together to investigate operational and infrastructural challenges. Scandinavian airline SAS and aircraft maker Airbus said Wednesday they were partnering to research eco-system and infrastructure requirements for hybrid and electric aircraft. The partnership would involve a joint research project […]
Infrastructure Fund Buys Community Solar Developer Clean Energy Collective
The U.S. community solar market is beginning to draw investment from infrastructure funds and institutional investors. North American Infrastructure Partners, a recently launched infrastructure fund, this week purchased a majority stake in one of the top U.S. community solar developers, Clean Energy Collective. Colorado-based Clean Energy Collective said the strategic investment will allow it to […]