Tata Power Renewable Energy Ltd (TPREL) is exploring a major renewable energy expansion in Andhra Pradesh, with plans to develop 7 gigawatts (GW) of solar, wind, and hybrid projects. The initiative, representing a potential investment...
Renewable energy
BYD and Saudi Electricity Company Sign Record-Breaking 12.5GWh Energy Storage Deal
BYD Energy Storage and Saudi Electricity Company (SEC) have signed the world’s largest grid-scale battery energy storage contract, totaling 12.5GWh. This agreement builds on their prior collaboration, which included a 2.6GWh project, bringing their combined...
BNP Paribas and EIB Partner to Unlock €8 Billion in Wind Energy Investments
BNP Paribas and the European Investment Bank (EIB) have signed an agreement aimed at generating up to €8 billion in wind energy investments across the European Union. The initiative is designed to accelerate wind energy...
Stockholm Exergi Secures \$2 Billion for Landmark Bio-CCS Facility
Stockholm Exergi has obtained over SEK 20 billion (approximately \$1.9 billion USD) in funding from the Swedish Energy Agency’s reverse auction to develop a bioenergy with carbon capture and storage (bio-CCS) facility. The funding, spread...
Decarbonizing Canada’s Electricity Grids Key to Emissions Reductions and Economic Growth
Decarbonizing Canada’s electricity grids presents a significant opportunity to reduce emissions and drive economic growth, according to the RBC Climate Action Institute’s latest report, Climate Action 2025: A Year for Rewiring. Despite some progress, the...
Engie and Meta Announce New Renewable Energy Deal for Texas Solar Project
Engie North America, a subsidiary of France-based Engie Group, has signed a new renewable energy supply agreement with Meta. Under the Environmental Attributes Purchase Agreement (EAPA), Engie will provide Meta with 200 MW of renewable...
AXA XL Appoints Katherine Gerber as Head of Energy Transition for the Americas
AXA XL, the property and casualty (P&C) and specialty risk division of insurance group AXA, has announced the appointment of Katherine Gerber as Head of Energy Transition in the Americas. In this newly created role,...
Deutsche Bank Partners with GPG to Boost Asia Pacific Clean Energy Portfolio
Deutsche Bank has announced its role in a AUD 2.3 billion ($1.46 billion) financing package to support Global Power Generation Australia (GPG) in expanding its renewable energy portfolio across the Asia Pacific region. Acting as...
bp and JERA Form Global Offshore Wind Venture Targeting 13GW Capacity
bp and JERA have announced a new joint venture, JERA Nex bp, aiming to develop 13GW of offshore wind capacity across key markets in Europe, Asia-Pacific, and beyond. The collaboration combines the strengths of both...
Fervo Energy Advances Geothermal Energy Goals with $255 Million Boost
Fervo Energy, a Houston-based geothermal energy developer, has announced $255 million in new funding to accelerate the deployment of its innovative geothermal power projects. The financing includes $135 million in corporate equity and $120 million...