Category: Energy
The move comes as part of the company’s efforts to pay down its massive debts and to reduce its holdings to about $5 billion by the end of 2019. American multinational conglomerate, General Electric Co. is reportedly seeking a sale of 50% of its stake …
In a move to increase its global renewable energy portfolio, General Motors Co. (GM), the American multinational automotive company, has reportedly entered into a partnership agreement with the Detroit-based electric services company, DTE Energy. Sources familiar with the matter claim that collaboration is intended to …
The latest move by the three renewable energy giants helps them form an industrial consortium to bid for the Dunkirk offshore wind project Ørsted A/S, the Denmark-based power company, France-based oil & gas giant Total and the leading Belgian renewable energy producer Elicio NV are …
The commitment marks as the biggest energy ticket item ever made with investments estimated to be worth $9.5 billion. Australia’s political party, the New South Wales Labor Party (NSW) has recently announced that it is committed towards building another 7 gigawatts (GW) of new large-scale …
The PGE (Portland General Electric) Company and the NextEra Energy subsidiary, NextEra Energy Resources, are currently in the news for announcing their collaborative plans for the construction of a new energy facility located in Eastern Oregon, USA, comprising 300-MW wind, 30-MW battery storage, as well …
The AEP (American Electric Power) has reportedly announced that its renewable energy subsidiary has entered into an acquisition agreement with Sempra Renewables LLC, one of the subsidiaries of Sempra Energy. The agreement entails the purchase the latter’s 724 MW (megawatts) of operating wind production & …
Skyline Renewables has recently made it to the headlines for acquiring four additional wind farms and expanding the company’s holdings to 803 MW (megawatts). The US-based company has purchased a total of 117 MW wind assets from NJR CEV (Clean Energy Ventures), a subsidiary of …
Aurora Solar Inc., a solar industry software developer based in California, has reportedly raised up to $20 million in Series A financing round that was led by Energize Ventures, also joined by S28 Capital and the existing investor Pear. Sources with knowledge of the matter …
