According to new forecasts by Rystad Energy, clean energy sources are expected to supply 73% of Europe’s electricity by 2035, with subsea interconnectors from North Africa…
Author: Benjamin Davis
Swedish private equity firm EQT AB has finalized its tender offer for OX2 AB, valuing the Stockholm-based renewables developer at SEK 16.35 billion (USD 1.58 billion/EUR…
The Australian federal government has approved Lightsource bp’s Goulburn River Solar Farm project, which aims to develop a 450-megawatt (MW) solar complex paired with battery storage…
Energy solutions company GP JOULE GmbH has successfully commissioned a solar park with a capacity of approximately 54 megawatts peak (MWp) in Saxony, eastern Germany. The…
Nova East Wind has entered into a memorandum of understanding (MoU) with the Assembly of Nova Scotia Mi’kmaw Chiefs to collaborate on the development, installation, and…
Brazil expanded its renewable energy capacity by 609.03 MW in September, primarily driven by solar and wind installations, according to data from the nation’s power regulator,…
Japan Marine United (JMU) has commenced work on the 30MW Southern Akita Floating Offshore Demonstration Project. The initiative, led by Marubeni Offshore Wind Development Corporation and…
Thyssenkrupp Steel Europe AG is currently reassessing its direct reduction (DR) plant project aimed at decarbonizing steel production in Duisburg, Germany, due to anticipated cost increases.…
Spanish renewables company Zelestra has secured a majority stake in East Energy GmbH, a multi-tech energy solutions provider based in Rostock, Germany, aiming to enhance its…
Xcel Energy has announced its 2024 Resource Plan, which is expected to reduce carbon emissions by 80% while significantly enhancing renewable energy capacity. The plan, known…
Greenvolt Group has increased its syndicated financing from €350 million to €400 million, driven by strong interest from the financial community. The additional funds will strengthen…
Whiffle, a wind software developer, has signed a joint development agreement (JDA) with Orsted to improve the accuracy of onshore wind flow modelling, especially in challenging,…
