In line with a global effort to cut planet-warming carbon emissions, Portugal’s largest utility said earlier this year it wanted to abandon coal-fired power generation by 2025 and produce energy only from renewable sources by the end of the decade. MADRID/LONDON: EDP-Energias de Portugal is preparing to sell up to three portfolios of renewable energy […]
Asia Pacific Renewable Investments to Double to $1.3 Trillion By 2030: Woodmac
Asia Pacific investments in renewable energy generation by 2030 may double to $1.3 trillion from the previous decade, dwarfing fossil fuel power expenditures that are expected to drop by about 25% to $54 billion annually, according to Wood Mackenzie. “Asia Pacific power generation investments are leading the world and expected to hit $2.4 trillion in […]
Town In Australia Is 100% Solar Powered
Some cities, states, and countries say that they just can’t go 100% renewable — it’s “impossible.” Others say that they may be able to do it, someday, perhaps. Others tells us that they will do it — in 2050. Or maybe 2040. Perhaps even 2030. And then there are some that have already done it. […]
Banpu Energy Australia Advised on Renewable Power Investment
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 […]