Renewable Energy

BP Ventures to invest $10 million in WasteFuel

BP Ventures has committed $10 million, leading the Series B investment round, in WasteFuel, a California-based biofuels company. WasteFuel uses technologies to convert bio-based municipal...

Duke Energy to sell REC Solar in $364 million deal

Duke Energy said it would sell its commercial distributed generation business to private equity firm ArcLight Capital Partners in a $364 million deal. The business includes...

Aker Horizons signs 10-year PPA with Statkraft

Aker Horizons has signed a 10-year power purchase agreement (PPA) with Statkraft, Europe’s largest generator of renewable energy, securing a significant amount of the renewable power...

Sungrow bags energy storage project in Bramley, Hampshire

Sungrow, a leading international manufacturer of battery storage solutions, has secured a contract to provide equipment for a major energy storage project in Bramley,...

BESS Power reveals plans for Lund Storage project

Bess Power Corporation (BESS Power) has initiated the Full Interconnect Study (FIS) for the Lund Storage project in collaboration with the Texas independent system...

Shell confirms resignation of renewable energy head Thomas Brostrom

Energy giant Shell has confirmed that Thomas Brostrom, head of renewable generation, is leaving the company. Recently, Shell CEO Wael Sawan scaled back its energy transition...

Green energy platform Avaada raises $1.3 bn in funding

Avaada Group, a leading green energy platform, announced the closure of $1.3 billion funding round. Avaada will use the funding for green hydrogen, green methanol,...

Energix Renewables closes $520 mn project financing

Energix Renewables has finalized two significant project financing agreements in collaboration with Santander Corporate & Investment Banking. In these transactions, Santander CIB will act as...