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Downing divests biomethane producer, UK
Renewables EuropeDowning has sold UK biomethane producer Ixora Energy to Engie in a deal valued at £64.8 million
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REFF Wall Street 2023: End of the tax equity ‘monopoly’
Renewables North AmericaThe circa $20 billion annual tax equity stranglehold a small number of banks had on the market is over now that the Inflation Reduction Act (IRA) has introduced transferability, according to one financial advisor at REFF Wall Street 2023
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BPI elects Zobel as director
Renewables Asia PacificFernando Zobel de Ayala has been elected as a director of the board of the Bank of the Philippine Islands
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ADB appoints APAC VP
Renewables Asia PacificThe Asian Development Bank has appointed Scott Morris as vice president, effective immediately
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PEP chosen for Sims' 50% stake in LMS Energy, Oz
Renewables Asia PacificAustralia-based Pacific Equity Partners has emerged as the successful bidder to acquire a 50% stake in Australia’s landfill biogas company LMS Energy from Sims Limited for a transaction value of $174 million
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REFF Wall Street 2023: Supply chain issues remain despite domestic efforts
Renewables North AmericaSupply chain disruptions continue to impact projects across the spectrum of renewable technologies in the US and a domestic solution is not readily available despite efforts put in place like the Inflation Reduction Act
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Kienhuis joins Rubicon as MD
Renewables North AmericaRubicon Capital Advisors has hired Jasper Kienhuis as a managing director based in New York
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Hy24, Mirova fund French sustainable fuels
Renewables EuropeHydrogen infrastructure fund Hy24 and social impact investment manager Mirova have teamed up to finance French e-fuels player Elyse Energy
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PGE acquires Polish wind farm
Renewables EuropePGE Energia Odnawialna has taken over the 24.85MW Zalesie wind farm in the north of Poland
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REFF Wall Street 2023: IRA spurs growth but many hit pause as uncertainty remains
Renewables North AmericaWhile the Inflation Reduction Act has spurred the green energy industry since its inception in August 2022, the legislation has not come without its own difficulties and may even be causing some developers to hit pause, according to speakers at REFF Wall Street 2023
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REFF Wall Street 2023: Opportunities in ‘neglected’ WECC
Renewables North AmericaRenewable energy developers shone a light on the untapped potential of the Western Electricity Coordinating Council (WECC) market during REFF Wall Street 2023, with one speaker calling it a “forgotten market”
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MoU inked for 500MW Scots floating wind
Renewables EuropeLerwick Port Authority and Irish utility ESB have signed a memorandum of understand to develop a 500MW floating offshore wind farm off the Shetland coast
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Ethical Power launches operations in Italy
Renewables EuropeLondon-headquartered Ethical Power has expanded its footprint in Italy with the launch of a 250MW solar pipeline
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Green Genius invests in solar plants, Baltics
Renewables EuropeRenewable energy company Green Genius will invest €179 million in solar plants in Lithuania and Latvia
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Microsoft inks power pact, Poland
Renewables EuropeLightsource bp has signed a long-term power purchase agreement with Microsoft, marking the first power deal for the companies in the country in Poland
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Lightsource bp unveils plans for solar, Maldon
Renewables EuropeLightsource bp has outlined its proposal to fund, develop, and build a 49.9MW solar project at Lodge Farm, Old London Road, Woodham Walter, and Hall Farm, Maldon Road, Woodham Mortimer
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Air Products inks $10bn investment in Uzbekistan
Renewables Asia PacificAir Products and Chemicals has agreed to invest up to $10 billion into Uzbekistan, via projects in coal gasification, hydrogen, and ammonia production and other decarbonization initiatives
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RWE invests in Dutch battery storage scheme
Renewables EuropeGerman energy company RWE will invest €24 million into a Dutch battery storage project in Eemshaven, Netherlands
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Redwood takes German battery recycler
Renewables EuropeUS-based Redwood Materials has acquired German lithium-ion battery recycler Redux Recycling from Saubermacher Dienstleistungs