The African Enterprise Challenge Fund (AECF) has launched a $1.2 million innovation fund to create new business opportunities in Africa in the renewable energy space. This fund is aimed at supporting the market readiness of […]
The European Investment Bank (EIB) will provide a funding of Euro 350 million for developing the Courseulles-sur-Mer, or Calvados, offshore wind project in the English Channel. The financing will be guaranteed by the European Fund […]
TechnipFMC has entered into an agreement with Magnora ASA to jointly pursue floating offshore wind project development opportunities. To this end, they have formed a new venture, called Magnora Offshore Wind, which is already operational […]
Neoen, a renewable energy developer, has financially closed the Victoria Big Battery project, an energy storage project with a capacity of 300 MW/450 MWh. While the Clean Energy Finance Corporation, on behalf of the Australian […]
ENGIE and Equinor have announced a partnership to develop low-carbon hydrogen. The partners will investigate the production and market potential for hydrogen from natural gas. The carbon dioxide produced thereof will be captured and stored […]
Ocean Winds, a joint venture of EDP Renewables and ENGIE, has signed a collaboration agreement with Terna Energy for the development of offshore wind projects in Greece. As part of the agreement, the companies will […]
Evolugen and Gazifère, Inc. have come together to build and operate one of the largest green hydrogen projects for injection into a natural gas distribution network, in Quebec. They will develop a 20 MW water […]
The African Development Bank has announced that it has sanctioned a loan to support ACWA Power’s 200 MW Kom Ombo solar power project in Egypt. The bank will offer funding of $27.2 million in the […]
Schlumberger New Energy, Chevron Corporation, Microsoft and Clean Energy Systems have announced plans to develop a bioenergy with carbon capture and sequestration project, designed to produce carbon negative power, in Mendota, California.
The South Australian government has approved the planning of a wind, solar and battery storage project with a budget of $3 billion, called the Goyder South project. The project is being developed by Neoen, and […]
The UK government plans to invest $132 million in developing two offshore wind ports. Of this, $104 million has been allocated for the Able Marine Energy Park on the south bank of the river Humber, […]
Nexamp, a community solar provider in the US, has finalised a $440 million debt financing for a solar and energy storage portfolio with a cumulative capacity of 380 MW. The portfolio is spread across five […]
The South African government has declared three additional geographic areas as renewable energy development zones (REDZs). The country now has a total of 11 REDZs. The three new areas are Emalahleni, Klerksdorp, and Beaufort West. […]
The World Bank has approved funding of $22.5 million towards the Regional Off-Grid Electricity Access Project. This is being given out in the form of grants from the International Development Association (a subsidiary of the […]
Bechtel and Hexicon have partnered to develop demonstration projects for a twin-turbine floating offshore wind foundation in UK waters. The companies initially plan to demonstrate a 35-40 MW floating wind project. As per the partnership […]
The US Department of Energy and the National Renewable Energy Laboratory have issued a new report titled “Marine Energy in the United States: An Overview of Opportunities”, which identifies the potential of marine energy resources […]
It has been roughly four years since the end of the feed-in tariff (FiT) era and the launch of competitive bidding for allocating wind power projects. However, the wind segment continues to be in a […]
The coming decade is expected to play a crucial role on the path to climate neutrality by 2050, and decisive steps are expected to be taken by global majors, including India, to achieve decarbonisation and […]
Robots have come a long way since their laboratory days to being widely used in manufacturing, farming, the military and even healthcare. In pursuit of emission reduction, countries across the globe are switching to cleaner […]
Eden Renewables India is a renewable energy company incorporated in 2016 as a joint venture (JV) between Total Eren and EDF Renewables, both of which entered the Indian market in 2013. The company focuses on […]
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