Global law firm DLA Piper has advised Banpu Energy Australia on its first renewable power investment in the local market. Deal: Banpu Energy Australia has made an entry into a securities sale agreement for the acquisition of a portfolio of two operating utility-scale solar projects in NSW from New Energy Solar Limited. Area : Finance,energy […]
Armstrong International Charts Roadmap To Decarbonization, Joins Renewable Thermal Collaborative
THREE RIVERS, Mich : Armstrong International, a global leader in efficient thermal energy solutions, announced it has joined the Renewable Thermal Collaborative (RTC) as a sponsor as it advances its global effort to support companies and industries charting a course towards net zero emissions. Armstrong joins a prestigious list of RTC members, including some of […]
7X Energy Sells Elara Solar Project to KOMIPO
7X Energy Inc. has sold its 130 MW AC Elara Energy Project, located in Frio County, Texas, on over 1,700 acres, to KOMIPO America Inc., the U.S. subsidiary of Korea Midland Power Co. Ltd., one of the major power companies in Korea. Morgan Stanley Renewables Inc. is anticipated to be the sole tax equity investor […]
Manhattan Solar Partners, LLC to Build The Largest Renewable Powered Cryptocurrency Mining Data Center in the United States
MIAMI : Manhattan Solar Partners, LLC, a joint venture between BIT5IVE, LLC and GMine LLC, plans to build crypto data centers utilizing over a gigawatt of renewable energy in Texas. The data centers will add up to 700 high paying jobs to the local economy in addition to bringing international focus to Texas as a […]
Greenjoules Raises 33 Crore From Blue Ashva Capital
Will be used by the companyto set up waste-to-energy plants and invest into R&D. Greenjoules Pvt Ltd, a Pune-based green energy technology company, has raised 33 crore ($4.5 million) from Blue Ashva Capital. The fund raised will be used by the companyto set up waste-to-energy plants and invest into R&D. The funds were raised through […]
BP invests $220 million in U.S. solar development projects
The deal, for assets with a production capacity of 9 gigawatts, marks BP’s first independent investment in solar since buying a stake in Europe’s largest solar developer, Lightsource, in 2017. Energy major BP Plc on Tuesday boosted its investment in U.S. renewables with a $220 million purchase of solar projects from developer 7X Energy. The […]
Orsted plans $57 bln drive to be No.1 in green energy
The Danish firm, which sold its oil and gas business in 2017, has benefited hugely from policies to implement the 2015 Paris Agreement, a collective shot at limiting global warming. COPENHAGEN: Orsted, the world’s largest offshore wind farm developer, is ramping up its investment in renewables to $57 billion by 2027, seeking to become a […]
California’s renewable natural gas vehicles turn carbon negative in 2020
The use of renewable natural gas (RNG) in fleets of trucks, buses and other vehicles grew 25% from 2019 to 2020 and is up more than 170% in the past five years, according to the data. Vehicles in California running on renewable natural gas removed more carbon dioxide from the atmosphere than they emitted for […]
ACWA Power Signs MoU with Neutral Fuels to Supply Saudi Arabia’s Red Sea Project
Riyadh : ACWA Power, a leading Saudi developer, investor and operator of power generation and desalinated water plants, has signed a Memorandum of Understanding (MoU) with Neutral Fuels, the GCC’s largest biofuel producer, for future collaboration on the supply of its Net Zero Biofuel™ for Saudi Arabia’s most ambitious regenerative tourism project on the Red […]
Spain Positions Itself to be Europe’s Green Hydrogen Hub
Toledo, Spain : Spain is in the “best conditions” to become Europe’s green hydrogen hub, Spain’s Prime Minister Pedro Sanchez said on Monday. Sanchez spoke after US engine maker Cummins announced on Monday it would build a plant in Spain to make electrolyzer systems to produce green hydrogen, a zero-carbon fuel created using renewable energy […]
