In Short : Norwegian energy company Statkraft has announced plans to divest its renewable energy projects in four markets. This move signifies a strategic decision to reevaluate and potentially streamline its portfolio, reflecting changes in market dynamics or corporate strategy. In Detail : OSLO : Norwegian renewable energies firm Statkraft is seeking buyers for projects […]
Investment firm Low Carbon secures $513 million for renewables projects – EQ Mag
LONDON: British renewable energy investment firm Low Carbon said on Tuesday it had secured up to 400 million pounds ($513 million) of capital from life insurance company MassMutual to finance renewable energy projects in the UK, Europe and North America. The capital commitment will be directed towards large-scale renewable energy projects and enable Low Carbon […]
Industry slams green profits grab – EQ Mag
Trade body RenewableUK says that 45% levy risks “deterring investment” in new renewables projects Industry players have criticised the UK government’s decision to impose a 45% windfall tax on renewables generators effective from the new year. Industry body RenewableUK warned that the new levy, which was announced today in the Autumn budget by Chancellor of […]
Centre asks state-run hydropower firms to bid for renewables projects – EQ Mag Pro
India asked two of its state-controlled hydropower firms to bid for solar and wind projects, as the nation seeks to expand renewable power capacity to decarbonize its economy. The federal power minister Raj Kumar Singh also asked THDC India Ltd. and North Eastern Electric Power Corp. to increase capital expenditures, the ministry said in a […]
