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renewable energy investment

Vestas Signs MoU With Maersk For Offshore Wind Turbine In South Korea

Vestas signed a Memorandum of Understanding with A.P. Moller-Maersk, Jeonnam Province, and Mokpo City, on a plan towards a supply chain investment in Mokpo City in the Jeonnam Province, South Korea. Under the Memorandum Understanding (MoU), the parties will work together to establish a nacelle manufacturing plant and logistical base for offshore wind turbines at […]

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Brazil Oil Company Petrobras To Build Solar Power At Its Three Refineries

Brazilian state-run oil and gas company Petrobras has recently unveiled its plans to boost its sustainable energy portfolio involving the potential installation of 48 megawatts of solar energy capacity across three of its refineries. By leveraging photovoltaic (PV) technology, the company aims to mitigate its carbon footprint while boosting operational efficiency, according to a statement […]

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Macquarie Launches New Platform To Electrify $US 1.5 Bn Fleet

Macquarie Asset Management (MAM), part of Macquarie Group, launched Vertelo, a new platform providing end-to-end solutions in fleet electrification in India. Macquarie aims to accelerate the transition of fleets to electric vehicles and build an EV ecosystem by offering solutions to customers. It includes leasing and financing, charging infrastructure and energy solutions, fleet management services, […]

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Green Volt Receives Order For Floating Wind Project in Europe

Offshore wind developers’ flotation Energy and Vårgrønn, a joint venture between Plenitude (Eni) and HitecVision, announced that their floating offshore wind project, Green Volt, was granted offshore planning approval. With onshore consent announced earlier this month, Green Volt has received all its planning approvals and remains on track to be the first commercial-scale offshore windfarm in Europe. […]

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Highland Materials Set To Add 20K Tonnes Polysilicon Capacity In US

The IRA (Inflation Reduction Act) driven manufacturing bandwagon is still picking up pace in the US. The latest announcement comes from Polysilicon manufacturer Highland Materials, that has secured US$255.6 million in 48C tax credits to build a polysilicon plant in the US. The announcement comes even as global polysilicon prices, mirroring the rest of the […]

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Premier Energies To Seek Rs 1500 Crore In IPO Soon

Premier Energies Limited, India’s second largest integrated solar cell and solar module manufacturer (in terms of annual installed capacity of 2 GW and 3.36 GW, respectively as per a Frost & Sullivan Report), as of March 31, 2024, has filed the draft red herring prospectus (DRHP) with capital markets regulator, SEBI to raise more than […]

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RWE Begins Construction of Aldenhoven Wind Farm In West Germany

Renewable Energy firm, RWE Energy has begun the construction of a new wind energy farm in Germany. The new wind farm is being built in the Rhenish lignite area. The ground is being prepared, the construction site is being set up and road works are beginning. RWE is erecting six wind turbines with a total […]

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European Commission Signs Solar Charter To Boost Manufacturing Resilience

The European Commission has signed the European Solar Charter to support Europe’s solar manufacturing base. In the charter, the signatories commit to the support of Europe’s solar manufacturing base. The charter was signed in Brussels and was drafted by the European Commission. Last year, 56 GW of solar PV were installed in the European Union […]

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BII, FMO Lends BECIS US$50 Mn To Support RE Projects In South East Asia

British International Investment (BII), and FMO, recently announced a joint loan commitment of US$50 million to BECIS, an energy-as-a-service (EaaS) provider in South-East Asia. The joint financing facility will be used to fuel BECIS’ expansion and back their energy solutions across Vietnam, the Philippines, Indonesia, Thailand, Malaysia and India. This is in response to the […]

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