Calling this a “capital recycling opportunity,” NextEra explained that the fresh funds will be used for new wind, solar and battery storage projects, as well as for NextEra Energy Resources’ renewables backlog of over 15 GW.
Read More
KKR & Co. Inc. has announced the signing of agreements with NextEra Energy Resources LLC, a subsidiary of NextEra Energy Inc. and NextEra Energy Partners LP to acquire equity interests in portfolios of contracted utility-scale wind and solar power assets. , KKR will invest a total of about $1.4 billion in two transactions for equity interests in 1,625 MW of renewable energy assets.
Read More
To support New York’s position as the hub for the offshore wind industry, NYSERDA, with the assistance of NY Green Bank, Empire State Development and the New York State Department of Transportation, will support this combined solicitation by investing in and upgrading the state’s port infrastructure. The USD400 million in private and public funding is comprised of USD100 million in Empire State Development grant funding, USD100 million in low-interest financing and USD200 million in private sector matching funds.
Read More
Over 2020 EU member states must submit their National Energy Climate Plans (NECP) to the EU for the 2021-2030 period. The NECP’s demonstrate how member states will contribute to the bloc’s energy and climate targets for 2030 through the development of renewables, improved energy efficiency and reduced emissions. As part of these plans there will be increased interconnections between markets in the European synchronous grid region.
Read More
The proposal includes 498 MW of solar capacity, spread across nine projects statewide. Of these nine projects, six, totaling 416 MW, would provide the utility with power via power purchase agreements (PPA), while the remaining three projects are set to be owned and operated by Dominion.
Read More
Norwegian hydropower player Statkraft AS has signed an agreement to buy the London-based renewable...
Read More
Indian public sector undertaking, NPTC Limited, has signed a loan agreement with the Japan Bank for International Co-operation (JBIC), Japanese Government policy-based financial institution. This foreign currency loan agreement is for USD 482 million, out of which JBIC provided 60 per cent or approximately USD 289 million of the total loan amount.
Read More
The Michigan Public Service Commission (MPSC) will soon rule on a proposed decision that would approve a Consumers Energy program that will help electrify fleets of cars, trucks, and buses in the state. If approved, the $12 million PowerMIFleet program will:
Read More
Kosovo, located in south-eastern Europe, has ample energy resources including renewables. However, it has overwhelmingly depended on its domestic lignite reserves for meeting its energy requirements.
Read More
The rise of e-mobility could transform mobility from a preoccupation with ‘gigantism’ to electric micromobility as it lowers transportation costs while avoiding the risk of infection.
Read More
ENGIE Australia & New Zealand (ANZ) has announced the acquisition of the 420 MW Hills of Gold Wind Farm, a A$750 million ($528 million) facility from Wind Energy Partners. Located near Nundle, New South Wales (NSW), Australia, Hills of Gold Wind Farm is currently progressing through the planning process.
Read More
Analysis of China’s potential flexible resources; the supply, and demand side perspective; and market mechanism to facilitate energy transition.
Read More