Renewable Energy

Investment potential in solar and wind power supply chains exceeds $1.1 trillion

The Institute for Energy Economics and Financial Analysis (IEEFA) has released a report revealing that investment opportunities in solar and offshore wind power supply...

Shell announces carbon capture project Polaris in Canada

Shell Canada Products announced Polaris, a carbon capture project at the Shell Energy and Chemicals Park, Scotford in Alberta, Canada. Polaris is designed to capture...

Lhyfe receives grant of €11 mn to build hydrogen production in Sweden

Lhyfe, a green and renewable hydrogen production company, has received a grant of up to SEK 125.6 million (c. €11 million) from Klimatklivet. Lhyfe will use...

Masdar to acquire Terna Energy for 3.2 billion euros

Abu Dhabi Future Energy Company (Masdar) is set to acquire Terna Energy at an enterprise value of 3.2 billion euros. Masdar said the deal is expected...

Recurrent Energy secures $513 mn in financing for Papago Storage project in Arizona

Recurrent Energy, a subsidiary of Canadian Solar, has secured $513 million in project financing for its Papago Storage project located in Maricopa County, Arizona. Recurrent...

JinkoSolar to supply battery storage SunTera to Athens Airport

JinkoSolar Holding has entered into a Heads of Terms with kIEFER to supply its battery storage SunTera to Athens International Airport (AIA). Financial details...

ONGC and IndianOil to set up LNG plant near Hatta gas field

ONGC and IndianOil Corporation (IOCL) signed a memorandum of understanding (MoU) to establish a small-scale Liquefied Natural Gas (LNG) plant near the Hatta Gas...

BP buys 50% stake in BP Bunge for $1.4 bn to grow biofuels

BP is set to acquire the remaining 50 percent stake in its BP Bunge Bioenergia joint venture, a biofuels-producing company in Brazil, from Bunge...