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14 December 2018
Sempra Energy closes solar assets sale to Consolidated Edison
US-based Sempra Energy has completed the sale of its operating solar assets and battery storage development projects, as well as its stake in a wind facility to Consolidated Edison for...
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14 December 2018
Deals this week: Greencoat Renewables, Hitachi, Eneco
Greencoat Renewables has reached an agreement with BlackRock Real Assets to acquire the Monaincha and Garranereagh wind farms in Ireland for €88m ($100.4m).
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14 December 2018
SRE acquires 238MW Rio Bravo windfarm in Texas, US
US-based Sammons Renewable Energy (SRE) has acquired the 238MW Rio Bravo windfarm in Starr County, Texas, from Longroad Energy Holdings.
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13 December 2018
Daimler buys €20bn of battery cells for Mercedes-Benz EVs
German automotive company Daimler has announced it will buy more than €20bn worth of battery cells for Mercedes-Benz cars, in order to begin commercialisation of electric vehicles (EVs).
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13 December 2018
ADB invests $152m in B.Grimm Power’s green bonds
The Asian Development Bank (ADB) will invest THB5bn ($152m) in Thailand’s power producer B.Grimm Power’s maiden five-year and seven-year green bonds, which are claimed to be the first certified climate...
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13 December 2018
Elsewedy JV signs $2.9bn contract for hydropower plant in Tanzania
A Joint Venture (JV) between Elsewedy Electric and Arab Contractors, Osman Ahmed Osman & Co, has signed a $2.9bn contract with the Tanzanian Government for a new hydropower plant in...
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13 December 2018
Indonesian hydropower plant begins commercial operations
An Indonesian hydropower plant, Semangka HPP, has commenced commercial operations, which is expected to optimise the country’s energy structure.
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12 December 2018
UK solar power costs fall well below estimates, says STA
The Solar Trade Association (STA) has found that UK solar power technology is cheaper than estimates have forecasted, with prices reaching as low as £40 per MWh by 2030.
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12 December 2018
Saudi Arabia begins work on SPARK global energy hub project
Saudi Arabia has broken ground on the 50km2 global energy hub project called the King Salman Energy Park (SPARK).
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12 December 2018
Hitachi poised to seal ABB’s power grid operations for $7bn
Japanese multinational conglomerate Hitachi is reportedly in the final stages of talks to take over ABB’s power grid operations for approximately JPY800bn ($7.05bn).