Renewable Energy

Globeleq Concludes $37 mn Debt Restructuring for South African Solar Plants

Globeleq, an independent power company in Africa, has completed a US$37 million (ZAR682 million) senior debt restructuring for its Aries Solar (11MW) and Konkoonsies...

Orsted Secures Top Spot as World’s Most Sustainable Energy Developer for the Fifth Time

Orsted has clinched the title of the world’s most sustainable energy developer, reaffirming its commitment to environmental stewardship and green energy solutions. The accolade...

Aramco Enhances Venture Capital Funding Size to $7 bn

Aramco, an integrated energy and chemicals company, has announced a substantial increase in funding for its global venture capital arm, Aramco Ventures. The company will...

Renewable Energy Surge Expected to Propel U.S. Power Generation Growth

The Energy Information Administration (EIA) predicts that there will be a substantial upswing in U.S. power generation, with wind and solar energy taking the...

INERATEC Secures $129 mn in VC Funding to Revolutionize Sustainable E-Fuels Production

INERATEC, an e-Fuel company, has raised over $129 million in its Series B funding round. The VC funding round is led by Piva Capital...

GE Vernova Wins Hybrid Propulsion Technology Contract for UK MOD’s Fleet Solid Support Ships

GE Vernova’s Power Conversion business in the UK has won a contract from Team Resolute to supply hybrid propulsion technology for three Fleet Solid...

Corvus Energy Secures Funding for Incorporating Ammonia Cracker Technology

Corvus Energy, a global leader in zero-emission solutions for the maritime sector, has secured funding for the incorporation of ammonia cracker technology into its...

Canadian Solar Unveils SolBank 3.0 Utility-Scale Energy Storage System

Canadian Solar revealed that its subsidiary, CSI Solar, through its division e-STORAGE, is set to launch SolBank 3.0. This marks the latest advancement in...