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Banks Renewables to Invest £100M in 400MWH BESS In Scotland
The firm has also been purchased by Brookfield, a Canadian investment firm. Image: Banks Group.Renewable energy business Banks Renewables intends to invest £10…
Oil & Gas Trade
Exxon Investors Ready to Embrace Buying Existing Oil Over New Drilling
The logo of Exxon Mobil Corporation is shown on a monitor above the floor of the New York Stock Exchange in New York, December 30, 2015. REUTERS/Lucas Jackson/F…
Geothermal Power Plant
Croatia Grants Permits for Exploration of Geothermal Energy
Croatia has granted permits for exploration of five geothermal blocks based in the Drava River basin in the northeast of the country, unlocking a 400 million eu…
Battery Recycling
Australia Invests in Battery Recycling Start-up
Australian battery recycling start-up Renewable Metals has received A$8mn ($5.1mn) of investment from the Australian government's green bank Clean Energy Fi…
Photovoltaic (PV)
European Energy to Sell 68-MW Italian PV Project to Generali JV
Danish renewables developer European Energy A/S has agreed to sell a 68-MW solar project in the Italian region of Sicily to a local greenfield infrastructure in…
Energy Storage Project
Octopus Buys 1,000MWH Bess Project to Back Renewable Energy Ppas in Queensland, Australia
Artist rendering of Stanwell Clean Energy Hub, which will include iron flow batteries. Image: Queensland government.Octopus Investments Australia has bought one…
Solar Panel
Italy's Vexuvo to Invest 1.5 Billion Euros in Solar Panel Sites
Italian renewable energy producer vexuvo will invest 1.5 billion euros ($1.6 billion) on solar panels sites in the next three years as it aims to generate earni…
Pumped Storage
Greenko Breaks Ground on 1.4GW Pumped Storage Project in Madhya Pradesh, India
To be located in the Khemla block of Neemuch district, the Indian pumped hydro storage energy storage project, which will eventually have a capacity of 1.92GW, …
LNG
MET Group Sets up LNG Trading Office in Singapore
Switzerland-based energy trader MET Group said on Wednesday it has set up an office in Singapore to focus on liquefied natural gas (LNG) trading as well as asse…
Solar Panel
Duke Energy Completes Sale of Commercial Distribution Generation Portfolio to Arclight
West Hawaii Civic Center (Credit: Duke Energy)Duke Energy announced it has completed the sale of its commercial distributed generation portfolio to an investmen…
Solar Panel
Telstra Signs Solar PPA in Queensland, Australia
Australian telco Telstra has signed a Power Purchase Agreement (PPA) to purchase the output of a solar farm.The company this week announced a deal with Munna Cr…
Wind Farm
Alcazar Energy to Invest $200 Mln in Wind Farm in Montenegro -CEO
Renewable energy investor Alcazar Energy on Thursday announced it plans to invest $200 million in building a 118-megawatt (MW) wind park in Montenegro, which wo…
Hydropower Plant
MIGA Set to Help Boosts Mexico's Hydropower Capacity With Guarantee
The Multilateral Investment Guarantee Agency of the World Bank (MIGA) has issued a guarantee aimed at enhancing Mexico's hydropower capacity. The guarantee …
Hydrogen Project
Plug Power Spearheads Green Hydrogen Revolution With Major Investments
Plug Power Inc., a pioneering force in the green energy sector, is set to redefine the hydrogen landscape with a series of groundbreaking initiatives. The compa…
Wind Farm
Iberdrola Exceeds 420 MW of Wind Power in Greece With the Commissioning of the Askio Ii and Rokani Wind Farms
The 37.8-MW Askio II project joins the 50.4-MW Askio III wind farm, commissioned last year, in full operation. Total investment in both projects is close to &eu…
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