The Caucasus and Central Asia (CCA) region faces mounting pressure to accelerate its energy transition, as the COP29 climate summit in Azerbaijan highlights the region’s limited…
Browsing: Hydropower
Germany’s state development bank, Kreditanstalt für Wiederaufbau (KfW), has allocated $1.26 billion (EUR 1.2 billion) to support Indonesia’s green energy initiatives. The funding, formalized through a…
Enel Group has unveiled plans to invest approximately €12 billion in renewable energy from 2025 to 2027, aiming to expand its clean energy portfolio by 12…
Spanish utility Endesa has reached an agreement to acquire 626 megawatts (MW) of hydroelectric assets from Acciona Energia for €1 billion ($1.05 billion), Acciona Energia announced…
Acciona Energia, the Spanish renewable energy firm, has completed the sale of a 175-MW hydropower portfolio to Elawan Energy, a subsidiary of Japan’s ORIX Corp. The…
Avangrid and its affiliates, including Central Maine Power, have filed a federal lawsuit against NextEra Energy, alleging that the utility giant engaged in a “scorched-earth scheme”…
South African utility Eskom has received a EUR 6.5 million (USD 6.9 million) grant from the French development agency Agence Française de Développement (AFD) to support…
UAE-based renewable energy developer Masdar has partnered with Malaysia’s Sarawak Energy and clean energy solutions provider Gentari to assess the feasibility of building a large-scale floating…
SSE’s renewables division has seen a substantial increase in adjusted operating profit, rising to £326 million in the six months ending September 2024 from £87 million…
Brazil added 1,208 MW of new renewable energy capacity in October, according to the country’s power sector regulator Aneel. The largest contribution came from wind farms,…
Statkraft reported a decline in its Q3 2024 underlying operating profit, with earnings dropping to NOK 3 billion (€254 million) from NOK 4.9 billion in the…
In October, renewable energy generation in Spain rose by 15.4% compared to the same period last year, comprising 55.9% of the monthly electricity mix. Wind energy…
