Ares takes minority stake in Statera’s 1.9GW flexible energy assets
Ares Infrastructure Equity funds, part of Ares Management, have purchased a significant minority interest in a 1.9GW operational portfolio of …
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Australia’s coal phase-out requires rapid dispatchable replacement, says GlobalData
Australia operates one of the world’s fastest-decarbonising power systems, marked by a rapid shift away from thermal baseload generation toward …
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Beyond the oil change: Why condition monitoring is becoming essential for wind turbine reliability
Hardly a week passes without news of the challenges facing the global wind industry. Whether it's improving renewable energy output, …
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Nightpeak Energy completes Bocanova battery storage project in Texas, US
Nightpeak Energy has completed the 150MW Bocanova 2 battery storage facility in south-east Texas, US, raising the total storage capacity …
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Vattenfall and Royal Vopak sign deal for Dutch battery storage project
Vattenfall has entered into a tolling agreement with Royal Vopak to obtain access to battery energy storage system (BESS) capacity …
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Arevon signs 20-year REC contracts for 200MWac Panther solar project
US-based renewable energy developer Arevon Energy has finalised three separate 20-year indexed renewable energy credit (REC) agreements for its 200MW-alternating …
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Kongsberg Maritime wins contract for four offshore wind service vessels
Norway-based Kongsberg Maritime has signed a contract with IWS Fleet, a fully owned subsidiary of Integrated Wind Solutions (IWS), to …
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Orbital Marine Power receives EC approval for Orkney tidal array
Orbital Marine Power has received approval from the European Commission (EC) to proceed with its EURO-TIDES tidal energy array at …
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energyRe secures $815m for South Carolina solar projects
Renewable energy company energyRe has closed a financing deal worth $815m for several solar projects in South Carolina, US. The financing …
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Ørsted awards Hornsea 3 power contract to OEG
OEG has secured a contract from Ørsted to deliver temporary power solutions for the Hornsea 3 offshore wind farm in …
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NOPL signs $307m IREDA loan for solar project in India
NOPL Solar Projects, a fully owned subsidiary of Vikran Engineering (VEL), has signed a facility agreement with the Indian Renewable …
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Powergrid acquires two transmission SPVs in Gujarat and Maharashtra
The Power Grid Corporation of India (Powergrid) has taken full ownership of two inter-state transmission special purpose vehicles (SPVs) after …
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TotalEnergies adds 700MW to KKR US renewables venture
TotalEnergies has reached an agreement with investment firm KKR to expand their US joint venture (JV) by adding a 700MW …
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Latin America’s hydropower outlook to 2035
Hydropower capacity in Latin America and the Caribbean is forecast to continue growing over the next decade, even as its …
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Energiekontor secures four wind project permits in Germany
Renewable energy company Energiekontor has obtained permits for four wind park projects in Germany with a combined capacity of around …
