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Wind Farm
Sweden Puts Online 288-MW Wind Farm
The 288-MW Askaelen wind farm in Sweden, owned by Dutch pension fund manager APG, is now operational.
Wave Energy
EU-funded Wave Energy Trial Delivers Cost and Efficiency Advances
CorPower Ocean said the latest prototype also had 80 per cent fewer components, helping to reduce friction by 70 per cent and flow losses by as much as 90 per c…
Solar Company
Global Corporate PV Funding Down 31% Amid Covid-19 Crisis
Mercom Capital Group has issued a report tallying up financial activity in the solar sector between January and March 2020. The sobering result is that cash flo…
Wind Power in China
China Three Gorges to Raise $3.5b in Renewables Unit IPO
It plans to use part of the proceeds to fund seven offshore wind farms.
Pumped Storage
New England Pumped Hydro Study gets Boost with ARENA Funding
A massive new pumped hydro energy storage project, proposed for Northern NSW’s New England region, has received a boost after securing federal government fundi…
Energy Storage Technology
Gravitricity to Explore South African Mine Energy Storage Potential
Energy storage company gravity has secured £300,000 in funding from Innovate UK's catalyst project.
Hydropower Plant
World Bank Approves Additional $700 Million for the Dasu Project, Pakistan
The World Bank has approved an additional $700 million in financing for the Dasu Hydropower Project in Pakistan, with the funds to be used for the transmission …
Hydropower Plant
World Bank to Provide $700m More for Pakistan Hydropower Project
The loan will fund the transmission line for the first phase of Dasu hydropower plant.
Hydrogen Fuel Cell
US DOE Awards Nel Subsidiary Funds for Reversible Fuel Cell Research
Proton Energy Systems Inc has been awarded $1.85 million by the US Department of Energy to develop a reversible fuel cell system capable of producing low-cost h…
Crude Oil
US Suspends Plans to Buy Crude Oil for the Strategic Petroleum Reserve
The US administration has suspended plans to purchase US crude oil for the Strategic Petroleum Reserve (SPR), after failing to secure funding from the Congress,…
Hydropower Plant
Kenya’s Kaptis Hydropower Project to See Financial Close in 2020
A joint development agreement, to bring the Kaptis hydropower project in Kenya through to financial close and construction in 2020, has been signed between the …
Oil Price
Not Even The $2 Trillion Stimulus Package Can Save Oil Markets
The package would provide $2 trillion in funding, allocated directly to the White House’s plan which includes purchasing 77 million barrels of oil for the Stra…
Wind Turbine
Aquila Acquires Third Danish Wind Project
Aquila European Renewables Income Fund has announced its intention to increase existing investment in Svindbaek Vindkraft HoldCo ApS .
$160 Millions for Renewable Energy Through the Energy Inclusion Facility
The Energy Inclusion Facility (EIF) of the African Development Bank (AfDB) has raised USD 160 million. The funds provided by several development partners will h…
Solar Company
Canadian Solar inks €55m Italian Solar Deal
Canadian Solar has secured a €55m financing deal with Intesa Sanpaolo to fund the construction of a 151MW portfolio of solar projects in Italy.
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