Portugal achieved a significant milestone in its pursuit of sustainable energy, with renewable power sources contributing 61% of the country’s electricity in 2023, a notable increase…
Author: Matthew Wright
Greek power utility PPC SA announced that its renewables subsidiary, PPC Renewables, has entered into an agreement to acquire a 216-MW pilot offshore wind project off…
Spanish solar developer, Solarpack, has officially commenced the construction of the San Martin solar farm in Peru, marking a significant milestone in the installation of nearly…
Namibia’s SDG Namibia One Fund, the dedicated green hydrogen blended finance vehicle, has finalized a share subscription agreement to acquire a 24% stake in the USD…
German utility RWE announced its agreement to acquire three offshore wind projects off the English coast from Sweden’s Vattenfall in a deal valued at £963 million…
Delaware has initiated formal negotiations to play a pivotal role in two offshore wind projects spearheaded by US Wind in collaboration with Maryland. US Wind is…
OCI Holdings, a chemical and solar power company, has clinched a significant $1 billion supply contract with Massachusetts-based CubicPV, a U.S. solar panel manufacturer. The agreement,…
Dutch lender ING has announced a comprehensive climate strategy update, revealing plans to cease financing oil and gas exploration and production by 2040. In an interview…
Australia’s Origin Energy has announced a 3% increase in its ownership stake in UK-based renewable energy company Octopus Energy, bringing its total interest to 23%. The investment,…
President Joe Biden has hailed the agreement reached at COP28, the U.N. climate summit in Dubai, as a pivotal move towards achieving international climate objectives. In…
Belgium-based AG Insurance has inked a deal with Energy Infrastructure Partners (EIP) to become a notable minority shareholder in the 475MW Nysäter wind farm located in…
Danish renewable energy firm Better Energy has announced the signing of a 10-year power purchase agreement (PPA) with Semler Gruppen, Denmark’s leading car importer. Under the…
