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Shell Acquires Next Kraftwerke to Strengthen Position in Renewables Trading
Subject to approval by the regulatory authorities, Shell will acquire 100% of Next Kraftwerke’s shares.
Energy Storage Project
CEFC Offers US$127.6 million Debt Finance for 300MW Victoria Energy Storage Project
Australia’s Clean Energy Finance Corporation has invested AU$160 million in a 300MW battery storage project near Geelong, Victoria.
ITER
European Council Approves Continued Financing for ITER
The European contribution to the project for that period is set at €5.61 billion in current prices.
Hydrogen Fuel Cell
Korea's SK Group Wraps up USD-1.6bn Investment in Plug Power
South Korean industrial conglomerate SK Group has finalised its USD-1.6-billion capital investment in US fuel cell systems provider Plug Power Inc as part of a …
Wind Farm
Commerz Real Acquires Stake in EnBW Wind Farm Portfolio in Germany
Investment firm Commerz Real has acquired a 49.9% stake in a portfolio of 14 onshore wind farms in Germany owned by EnBW Energie Baden-Württemberg.
Energy Storage Battery
Pylontech Ready for ESS Capacity Expansion Following Shanghai Stock Exchange Listing
Pylontech has said it will have 4GWh of battery energy storage system manufacturing facilities in operation within three years, after it raised around US$300 mi…
Energy Storage Project
Industrial Conglomerate Mytilineos Acquires 25 Battery Projects in Greece in €56 million Solar Deal
Greek industrial group Mytilineos has acquired a portfolio of solar and battery storage projects in a €56 million transaction it says “heralds the transition …
Solar Power Plant
NAMIBIA: Old Mutual Buys Back Shares in the Rosh Pinah Solar Power Plant
Old Mutual Investment Group Namibia has just acquired a majority stake in Aloe Investments Number Twenty-Seven, the project company that owns and operates the 5…
Electrification
World Bank to Finance Electrification Investments in Angola
The World Bank has approved $250 million to improve the operational performance of the electricity sector utilities and increase electricity access in selected …
Digitalization
BayWa RE Acquires German Digital Service Outfit
BayWa RE has acquired German company Kaiserwetter’s IoT, asset intelligence, and data science capabilities, bolstering its digital asset operations.
Hydrogen Project
$300 bn Investment Lined up in Hydrogen Projects Globally
Globally, 228 large-scale projects have been announced with 85 per cent located in Europe, Asia, and Australia.
Wind Farm
BayWa r.e. Acquires Onshore Wind Farm in the UK
BayWa r.e. increases its onshore wind pipeline in the UK with the acquisition of the High Constellation wind farm from Blue Energy.
Electric Car
Matter Bets on Indian EV Market, Targets USD 1 bn Turnover by 2025
Bullish on the growth of electric vehicles market in India, EV and energy storage technology startup, Matter expects to clock a turnover of USD 1 billion by 20…
Hydrogen Project
The Texas Cold Blast Was A Warning To Hydrogen Investors
The Texas storm has exposed an energy grid ill-prepared for climate change, with electric grid regulators now saying that the United States needs to rapidly dev…
Energy Security
Extreme Weather Conditions Harm RWE’s Renewables Electricity Generation in the US State of Texas
Operations teams focus on resuming production at RWE’s affected onshore wind turbinesRWE expects significant negative earnings impact in Onshore Wind/Solar seg…
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