Renewable Energy

Lhyfe receives grant of €11 mn to build hydrogen production in Sweden

Lhyfe, a green and renewable hydrogen production company, has received a grant of up to SEK 125.6 million (c. €11 million) from Klimatklivet. Lhyfe will use the grant received from Klimatklivet,...

Masdar to acquire Terna Energy for 3.2 billion euros

Abu Dhabi Future Energy Company (Masdar) is set to acquire Terna Energy at an enterprise value of 3.2 billion euros. Masdar said the deal is expected...

Recurrent Energy secures $513 mn in financing for Papago Storage project in Arizona

Recurrent Energy, a subsidiary of Canadian Solar, has secured $513 million in project financing for its Papago Storage project located in Maricopa County, Arizona. Recurrent...

JinkoSolar to supply battery storage SunTera to Athens Airport

JinkoSolar Holding has entered into a Heads of Terms with kIEFER to supply its battery storage SunTera to Athens International Airport (AIA). Financial details...

ONGC and IndianOil to set up LNG plant near Hatta gas field

ONGC and IndianOil Corporation (IOCL) signed a memorandum of understanding (MoU) to establish a small-scale Liquefied Natural Gas (LNG) plant near the Hatta Gas...

BP buys 50% stake in BP Bunge for $1.4 bn to grow biofuels

BP is set to acquire the remaining 50 percent stake in its BP Bunge Bioenergia joint venture, a biofuels-producing company in Brazil, from Bunge...

Zendure @ Intersolar 2024

Zendure, a EnergyTech company, has launched two products -- SolarFlow Hyper and SolarFlow Ace -- at Intersolar 2024. SolarFlow Hyper is the Plug & Play AC Coupling...

Growatt showcases innovative products at SNEC PV Expo China

Growatt, a provider of distributed energy solutions, has showcased its innovative products at the SNEC PV Expo, held from June 13th to 15th in...

Sigenergy showcases innovative storage solutions at Intersolar 2024

Sigenergy is set to showcase innovative storage solutions for both residential and commercial customers -- at Intersolar 2024. Sigenergy is offering SigenStor, the 5-in-1 energy...

US unveils clean energy subsidy rules to boost green job wages

The Joe Biden administration has released the final regulations for new clean energy subsidies, designed to align job quality and wages in green industries...

Shell buys Pavilion Energy to bolster LNG business

Shell Eastern Trading, a subsidiary of Shell plc, has reached an agreement with Carne Investments, a subsidiary of Temasek, to acquire Pavilion Energy. Shell...