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Energy Storage System
LA Company Secures Funding for 14k Distributed Energy Storage Systems
Distributed energy resources company Swell Energy is set to help utilities in three US states to ensure grid reliability by providing them with flexible energy …
Solar Power Plant
Bluefield Acquires 70MWp Solar Plant in Wiltshire
UK-based green finance group Bluefield Solar Income Fund has acquired a fully operational 70MWp solar park in Wiltshire in a deal worth £89 million.
Solar Power Plant
Bangladesh’s 35 MW Spectra Solar Park Comes Online
The facility was jointly funded by the Asian Development Bank and German state development lender the KfW.
Offshore Wind Power
EU Backs Orsted Team on Green Hydrogen Initiative
European Commission funding for the Oyster project that also includes Siemens Gamesa, Element Energy and ITM Power
Hydropower Plant
India Gets $231m ADB Aid for Lower Kopili Hydro Project
The Asian Development Bank (ADB) has approved a $231 million loan to fund the construction of the Lower Kopili Hydroelectric Power (LKHEP) plant in Central Assa…
Energy Investment
Enel and Qatar Sovereign Fund Forge Renewables Tie-up
Transaction involves the acquisition by QIA of 50% stake in 800MW wind and PV portfolio in South Africa and Zambia.
Electric Car
EIB Funds Installation of 470 EV Chargers in Spain
The European Investment Bank has issued €50 million in funding for the installation of electric vehicle charging infrastructure in Spain.
Wind Farm
EDF Starts Crowdfunding for 14.1MW French Project
EDF Renouvelables has started crowdfunding for the construction of the Telegraph wind farm in Vermenton, Yonne, France.
Iran
Strait of Hormuz: The World's Most Important Oil Artery
Iran's Revolutionary Guards Corps seized a South Korean-flagged tanker in Gulf waters and detained its crew, amid tensions between Tehran and Seoul over Iranian…
Solar Power Plant
Capital Dynamics Completes AVSE II Solar Project Acquisition
Capital Dynamics’ Clean Energy Infrastructure business has completed the acquisition of the remaining 69.98% interest in the Arlington Valley Solar Energy II, …
Offshore Wind Power
Ørsted to Divest 50% Stake in 605MW Greater Changhua 1 Offshore Wind farm
Danish power company Ørsted has signed an agreement to divest 50% ownership stake in its 605MW Greater Changhua 1 Offshore Wind Farm in Taiwan to Quebec’s Cai…
Energy Storage Project
DOE Invests US$7.6 million to Develop Energy Storage Projects
The U.S. Department of Energy has selected 29 projects to receive nearly US$7.6 million in federal funding for cost-shared research and development.
Biobattery
Trump Signs COVID-19 Relief, Tax Extenders Package
After a nearly week-long delay, President Trump on Dec. 27 signed a legislative package that includes tax extenders, $900 billion in COVID-19 relief and governm…
South Africa
AFRICA: AfDB Allocates $5 million to Renewable Energy Projects in the G5 Sahel
The "Desert to Power" initiative has just received a grant of 5 million dollars from the Sustainable Energy Fund for Africa, managed by the African Development …
Wind Farm
Leeward Commissions 171MW wind farm in Colorado
Leeward Renewable Energy has announced that its Mountain Breeze Wind Farm in Weld County, Colorado, USA has reached commercial operation and that the company ha…
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