Finance

RWE Reports Significant Earnings Growth in Renewable Energy Segments

RWE has reported a notable increase in earnings across its offshore wind and onshore wind/solar segments for the first half of 2024. The company’s...

Vestas Narrows 2024 Financial Outlook Amid Service Segment Adjustments

Vestas has revised its financial outlook for 2024, narrowing its expected EBIT margin before special items to 4-5%, down from the previously forecasted 4-6%....

EnBW Reports 35% Decline in Renewable Energy Earnings for First Half of 2024

EnBW has reported a significant drop in its renewable energy business segment, with adjusted earnings before interest, taxes, depreciation,...

Innergex Reports 8% Decline in Q2 2024 EBITDA Amid Challenging Conditions

Innergex reported $184 million in adjusted EBITDA proportionate for the second quarter of 2024, reflecting an 8% decrease compared...

The U.S. DOE Announces $30 Million to Boost Tribal Clean Energy Initiatives

The U.S. Department of Energy (DOE) Office of Indian Energy Policy and Programs is set to release two Notices...

EBRD and Proparco Fund 120 MW Solar Power Plants in Tunisia

The European Bank for Reconstruction and Development (EBRD) and French development agency Proparco are financing the construction of two...

ADB Grants $21 Million for Golovnaya Hydropower Plant Upgrade in Tajikistan

The Asian Development Bank (ADB) announced on Tuesday the approval of an additional grant totaling $21 million aimed at...

Voltalia Secures EUR 294 Million in Syndicated Loans for Debt Refinancing

Renewable power plants operator Voltalia SA has secured EUR 294 million (USD 320.8 million) in syndicated loans to refinance...