Finance & Investment

British-Dutch Shell has entered into an agreement with Actis Solenergi Limited (Actis) to acquire a 100% stake in the Sprng Energy platform from Solenergi Power Private for $1.55 billion, the company said. Sprng Energy is a renewable energy platform built in India by Actis, a sustainable infrastructure investor. Solenergi Power Private Limited is a direct …

Shell To Buy One of India’s Leading Renewable Energy Platforms for $1.5bn Read More »

The sun and the geographic position are a huge natural potential for Spain and offer the opportunity for the country to become an energy leader in the European Union, in investments in renewable energy sources. About 63.7 GW of renewables are currently installed in Spain, and although the sun has huge natural potential, much of …

Natural Potential – Opportunity for Spain to Become Leader in Renewable Energy Read More »

Atomenergoremont, an enterprise that maintains the machinery in power plants, said that its net profit for the period from January through March of 2022 was 4.4 million levs ($2.4 million/2.2 million euro), slightly different from the same period the previous year. According to a preliminary financial statement released on Wednesday, the Bulgaria-based company’s overall operational …

Atomenergoremont Recorded Flat Profits in First Quarter of 2022 Read More »

The crisis in the world caused by the war in Ukraine is increasingly complicating things both politically and economically. The bloodstream of the economy and energy is under attack. Development of the global economy is impossible without energy. Precisely because of its strategic role, energy has become the main “trading currency” in this conflict, which …

Constantly Improving Conditions for Greater Investments in Renewable Energy Read More »

Amazon inc is launching 37 new renewable energy projects around the world, the company said in a statement. The new projects increase the capacity of Amazon’s renewable energy portfolio by almost 30%, from 12.2 gigawatts (GW) to 15.7 GW, and bring the total number of renewable energy projects to 310 across 19 countries. An additional …

Amazon Inc Launches 37 New Renewable Energy Projects Read More »

Microsoft co-founder Bill Gates’ Breakthrough Energy venture capital fund, together with Duke Energy solar program has invested in Source Global, a startup that produces hydropanels that can generate water from air, CNBC reported. The startup has already raised $150 million among investors, along with the Gates Fund, investment companies BlackRock and Lightsmith and energy holding …

Bill Gates, Duke Energy Solar Program Invest in Startup That Produces Clean Water From Thin Air Read More »

Italy on Thursday officially launched the first offshore wind farm project in the country and in the Mediterranean region. The turbines for the Beleolico project, which was connected to the power grid in a ceremony held at the port of Taranto in southern Italy, were supplied by a Chinese company. The Beleolico offshore wind farm …

Italy Launches First Offshore Wind Farm Read More »

Greenlane Renewables stock rose after the company announced the acquisition of Airdep, a supplier of biogas desulfurization and air deodorization products. The acquisition will enable Greenlane to own an efficient technology for removing hydrogen sulfide (H2S) from biogas. They plan to integrate it with Greenlane’s portfolio of biogas treatment systems that produce renewable natural gas …

Greenlane Renewables Stock Rises After It Acquires Airdep Read More »

Waste that was considered unrecyclable for 90 years is now available for recycling thanks to new technologies developed in Taiwan by Shangwei regarding residential wind power, Taiwanese portal TechNews reported. Wind energy is the key to the development of renewable energy. However, over time, wind turbines face the problem of replacing wind turbine blades and …

Taiwanese Company Finds Residential Wind Power Waste Disposal Solutions Read More »

The global investment in green energy in 2021 hit a record high of $755 billion, BloombergNEF (BNEF) writes in the traditional report on global investment in low-carbon assets Energy Transition Investment Trends 2022. Compared to 2020, the growth was 6.5%. China has invested the most in green assets – $266 billion. In addition, in 2021, …

Global Volume of Green Investments Reached $755bn in 2021 Read More »