SUBSCRIBE NEWS LETTER

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NextEra Energy, KKR and Partners to Acquire Interest in 1.1 GW Renewables Portfolio

NextEra Energy Resources will sell a 90% interest in a 1 GW renewables portfolio and 100% interest in a 100-MW solar-plus-storage project for approximately USD 1.3 billion in total proceeds NextEra Energy has announced that a subsidiary of NextEra Energy Resources has entered into agreements to sell a 90 percent interest in a 1,000 megawatt (MW) portfolio […]

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KKR Launches Renewable Energy Platform ‘Virescent’ in India

Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Global investment firm KKR has announced the launch of Virescent Infrastructure, a newly created platform to acquire renewable energy assets in India. Headquartered in Mumbai, Virescent aims to expand its diversified portfolio of operational renewable energy […]

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NV Energy Requests Bids for Major Addition to Renewable Energy Portfolio

NV Energy today issued a request for proposals to add new renewable energy projects to its portfolio. This announcement follows the Public Utilities Commission of Nevada’s (PUCN) December 2019 approval of 1,190 megawatts of new solar energy and 590 megawatts of battery storage to be built in Nevada and serving customers by Jan. 1, 2024. […]

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Capital Dynamics, Sol Systems Finance Renewable Energy Projects Across the US

Capital Dynamics, an independent global private asset management firm, today announced that the joint venture entitled Sol Customer Solutions between its Clean Energy Infrastructure (CEI) business and Sol Systems, one of the most experienced solar finance and development platforms in the United States, has secured a Distributed Generation (DG) Tax Equity Commitment from Bank of America. […]

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Fluence Acquires Advanced Microgrid Solutions’ AI-Driven Software and Digital Intelligence Platform for Renewables and Energy Storage

Fluence, a Siemens and AES company, today announced it has acquired the digital intelligence platform of AMS, the leading provider of A.I.-enabled optimized bidding software for utility-scale storage and generation assets. The combination of the two companies’ technologies will help utilities, developers, and commercial and industrial customers optimize energy storage and flexible assets to deliver […]

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Renewable Energy Investments can Surge 35% Through FY23 in India: CRISIL

Whetted global investor interest and enabling regulations can fuel a 35 percent growth in renewable energy investments in India through FY 2023. A new CRISIL analysis has estimated that by stimulating global investor interest and enabling regulations, India can fuel the addition of as much as 35 GW of renewable energy (solar and wind power) […]

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NTPC Incorporates a Subsidiary for its Renewable Energy Business

NTPC Ltd has announced that it has officially incorporated a subsidiary for its renewable energy business. State-owned NTPC Ltd, India’s largest energy conglomerate, has announced that it has officially incorporated a subsidiary for its renewable energy business. “NTPC Ltd has incorporated a wholly-owned subsidiary, in the name of NTPC Renewable Energy Ltd with the Registrar of Companies, NCT […]

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EBRD to Support Largest Renewable Energy Project in Greece

Supporting the largest renewable energy project in Greece, EBRD is investing EUR 75 million in the successful Eurobond tap issuance by HELPE. Supporting the largest renewable energy project in Greece and the largest solar energy project in south-eastern Europe to date, the European Bank for Reconstruction and Development (EBRD) is investing EUR 75 million in the successful Eurobond tap […]

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Share of Renewable Energy in India’s Energy mix now at 26%: CEA

The share of renewable energy in India’s energy mix has increased from 23% to 26% in the April-August period this fiscal, CEA has confirmed. The share of renewable energy in India’s energy mix has increased from 23 percent to 26 percent in the April-August period this fiscal, a senior official at the Central Electricity Authority (CEA) […]

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