Galp has agreed to purchase 4.8 GW of solar and wind energy projects in Brazil from SER Energia and Casa dos Ventos. The agreement with SER Energia, a Brazilian solar designer, encompasses the purchase of 4.6 GWp of projects currently under construction in Brazil. Galp will acquire a group of 216 MW wind farms being developed in Brazil’s northeast region, with Casa dos Ventos. By 2025, the company intends to boost its renewable energy production capacity to 4 GW, with a further increase to 12 GW by 2030.
Emerge and EDB join forces to develop solar projects in UAE
Emerge and Emirates Development Bank (EDB) have signed a MoU to collaborate on the development and financing of distributed solar projects in the United Arab Emirates (UAE). Under this agreement, Emerge will identify and present […]
“Revival is already under way”: Interview with Wärtsilä India’s Neeraj Sharma
Investing in both renewables and flexible solutions will be the way forward for transitioning to a green future, believes Neeraj Sharma, president and managing director at equipment and technology major Wärtsilä India Private Limited. With […]
Virescent buys 25 MW operating solar assets from Samta Energy
Virescent Infrastructure announced the acquisition of its sixth renewable energy-focused infrastructure investment trust (InvIT), Virescent Renewable Energy Trust (VRET), from Mumbai-based Samta Energy. The acquisition brings the company’s total portfolio size to 563 MWp. Samta […]