Spain has awarded €165 million to seven pumped hydro storage projects totalling around 2.1GW/21GWh, while Portugal has set a target of 1.4GW of new pumped hydro capacity by 2040.
Tesla’s energy storage deployments rebounded in the second quarter of this year, but factors, including a decline in ASPs, had a significant impact on the company’s energy division’s gross margins.
Brookfield Asset Management announced today an agreement to acquire Aypa Power, the largest standalone battery storage developer in North America, from Blackstone, in a deal valuing the company at an enterprise valuation of $7 billion. Founded in 2017, Aypa Power develops,…
The Clean Energy Investor Group (CEIG) has published a report calling on the Australian government to prioritise consistent and timely implementation of the reformed Environment Protection and Biodiversity Conservation (EPBC) Act.
One summer day in 1941, a British radio operator was monitoring German military frequencies and heard something unexpected in her headphones. A later report called it “strange new music.” Sounding unlike the familiar Morse dit-dit-dah of enciphered messages sent over…
Renewable energy-focused independent power producer (IPP) MN8 announced today an agreement to acquire IPP Greenbacker Renewable Energy, in a transaction that would create a combined entity ranked as one of the largest clean power platforms in the U.S., with more…
Industrial technology company Eurodia Industrie announced that it has raised €18 million ($20 million) through an investment from Starquest Capital and Yotta Capital Partners, with proceeds aimed at accelerating the company’s international expansion and support the scale-up of its industrial…
We caught up with Michael Koller, Solutions Director for Europe and the UK with Envision Energy, at this year’s Smarter E Europe trade show in Munich.
Global energy and electricity provider Iberdrola announced the acquisition of an 80% stake in Caruna, the largest electricity distribution company in Finland, in a deal valuing the company at an enterprise valuation of €5 billion. The transaction marks Iberdrola’s entry…
India-based venture capital investor Transition VC announced the launch of Fund II, its second fund focused on investing in engineering-led companies across energy transition value chain and adjacent deep tech areas. Transition VC said that it is targeting INR 15…