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RGreen Infuses EUR 250 million in Israel’s Econergy Renewable

RGreen Invest, the French Asset Manager, has announced that it has taken its partnership with Israel-based Econergy Renewable Energy further with an additional EUR 87.5 million investment. In total, RGreen is investing EUR 250 million in Econergy. The additional capital will be invested in the form of equity that will help Econergy to swell its RE projects’ […]

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Germany To Build First Green Ammonia Import Terminal in Hamburg

Germany’s Germany Trade & Invest (GTAI) has has decided upon the northern city of Hamburg for the country’s groundbreaking new green ammonia landing site.  The operational start is planned for 2026. The facility will be a milestone for Germany’s efforts to decarbonize industry by the employment of hydrogen. German Minister for Economic Affairs and Climate […]

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Pilot Company, Volvo Partner to Set up Charging Network for Electric Trucks

America is on a drive to decarbonise its transport sector. In a key development, Pilot Company or ‘Pilot Travel Centers’ and Volvo Group have signed a Letter of Intent to develop a high-performance charging network open to all battery-electric Class 8 truck brands to support fleet customers in their electrification and decarbonization journeys. The official […]

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A South American Success Story In Renewables – Chile

South American nation Chile has emerged as a surprise success story when it comes to adding renewables. The country has nearly 22 per cent of its electricity demand met by solar and wind farms. The country is an over-achiever, making impressive progress since 2008, the year Chilean Law set the Non-Conventional Renewable Energy Target to […]

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Switzerland’s Pexapark, Sweden’s AFRY Develop Valuation Framework for RE Investments

 AFRY- a Swedish-Finnish supplier of engineering, design, and advisory services that helps accelerate the transition towards a sustainable society- and Pexapark, a firm which facilitates PPAs, have entered into a partnership to develop the market’s first ‘Daily Valuation Curve’. The Daily Valuation Curve looks at providing renewables to investors, developers and portfolio owners with a […]

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KKR’s Subsidiary IndiGrid Records Strong Growth with Q2 FY23 Revenue up 6% YoY

IndiGrid [BSE: 540565 | NSE: INDIGRID], which claims to be the first Infrastructure Investment Trust (“InvIT”) in the Indian power sector has announced its results for the quarter ended September 30, 2022. The consolidated revenue for the quarter was up 6% YoY in Q2 FY23 to ₹ 5,807 million while the consolidated EBITDA also increased […]

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Erisha E Mobility in JV with German Partner Greenbox for Green Hydrogen Business

Erisha E Mobility, an entity of Rana Group, that envisions manufacturing, distributes, and exports electric vehicles segment and hydrogen fuel cell buses, has entered into a Joint Venture with German partner Greenbox Global Holding (Greenbox), incorporating Erisha Hydrogen India Private Limited. What the JV offers The JV aims to offer solutions for sustainable energy production, […]

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Corporate Renewable Procurement of 7 GW Sets New Record in Asia Pacific

A study authored by Kyeongho (Ken) Lee, Principal Analyst, Asia Pacific Power & Renewables at Wood Mackenzie reveals that Corporations in Asia Pacific are set to contract a record 7 GW of renewable capacity in 2022. This is an 80% increase on 2021 as markets emerge from pandemic-related disruptions. Demand is largely driven by ambitious […]

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Bank Of America, Crossboundary Partner for RE Expansion Across Africa

Renewable energy players, governments and financial institutions are leaving no stone unturned to expand the deployment of RE through pacts and agreements on the sidelines of COP-27. African renewable energy conglomerate CrossBoundary Energy has announced in Sharm el-Sheikh, Egypt at the COP27 about their intention to explore financing solutions with Bank of America to rapidly […]

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