investment

Sixteen countries committed $94 billion for clean energy demonstration projects globally at the first-ever Global Clean Energy Action Forum in Pittsburgh. The commitments are in response to U.S. President Joe ...

Clean energy fund manager Glennmont Partners from Nuveen, in partnership with Dutch pension fund manager MN announced the launch of the Nuveen European Core Renewable Infrastructure (NECRI) strategy to provide ...

Reliance New Energy (RNEL), a wholly-owned subsidiary of Reliance Industries, has acquired a 20% stake for $12 million in California-headquartered Caelux Corporation, a company developing perovskite-based solar technology to enhance ...

The European Commission has approved the second phase of the Important Project of Common European Interest (IPCEI) to support research, innovation, and the first industrial deployment of the hydrogen technology ...

Global investment firm Kohlberg Kravis Roberts (KKR) and the Hero Group signed definitive agreements to invest $450 million in Hero Future Energies (HFE), the renewable energy arm of the Hero ...

U.S.-based solar module manufacturer First Solar has announced an investment of $1.2 billion to scale the production of American-made, responsibly-produced photovoltaic (PV) solar modules totaling 4.4 GW, to support the ...

A wholly-owned subsidiary of Tata Power, Tata Power Renewable Energy Limited (TPREL), has approved the allotment of 83.6 million equity shares with a face value of ₹10 (~$0.125) each at ...

Automobile major Ford Motor Company will procure 650 MW of new solar energy capacity in Michigan following a clean energy agreement with DTE Energy, a Detroit-based diversified energy company. The ...

U.S.-based renewable energy developer and holding company Longroad Energy Holdings has announced an equity investment of $500 million by MEAG, an asset management arm for entities of Munich Re, for ...

British International Investment (formerly CDC Group), a U.K. government-owned development finance institution, will invest up to $250 million in a new passenger electric vehicle (EV) venture to be launched by ...

Tata Power has planned to spend over ₹750 billion (~$9.46 billion) in the next five years on renewables. Tata Power has a consolidated capital expenditure of ₹140 billion (~$1.76 billion) ...

Spain-based renewable energy company EDP Renewables (EDPR) announced that it would invest €1.5 billion (~$1.58 billion) in Ocean Winds through a 50:50 joint venture with global energy company Engie. The ...

Global energy investment will increase by 8% in 2022 to reach $2.4 trillion, with the anticipated rise coming mainly in clean energy, according to World Energy Investment 2022 report published ...

The European Commission (EC) has extended a €2.4 billion grant from the Modernisation Fund to seven countries to help improve their energy systems, reduce greenhouse gas emissions in energy, and ...

Ingka Group, which owns most of the IKEA Retail stores globally, has acquired a ready-to-build solar park and wind farm in Wyoska in North-Western Poland through its investment arm, Ingka ...

A Gurgaon-based sustainable investment firm SustVest has raised $160,000 from angel investors to enhance its presence in India’s clean energy market. The funding round was led by early-stage investors Paurush ...

French startup CARBON has announced its plans to set up a gigafactory of solar modules in France. The company plans to produce 5 GW of modules by 2025 and then ...

Global investment in the energy transition reached a record of $755 billion in 2021, BloombergNEF (BNEF) has said in its recent report. The investments are driven by rising climate ambition and policy ...

Global Infrastructure Partners (GIP), a U.S.-based infrastructure fund manager, and its co-investors announced that it would invest $500 million in BrightNight, an independent renewable power producer, through Global Infrastructure Partners Capital Solutions ...

MidAmerican Energy, a subsidiary of Warren Buffett’s Berkshire Hathaway Energy, announced its plans for a $3.9 billion renewable energy project in Iowa, United States. The proposed project called ‘Wind PRIME’ ...

Hydrostor, a Canada-based long-duration energy storage solution provider, announced that it had secured $250 million funding from the Private Equity and Sustainable Investing Businesses within Goldman Sachs Asset Management. The company ...

Here are some noteworthy cleantech announcements of the day from around the world: REC Power Development and Consultancy Limited (RECPDCL), a 100% subsidiary of REC Limited, handed over the project-specific ...

Schroders, a London-based asset management company, announced that it had signed an agreement to acquire a 75% shareholding in Greencoat Capital Holdings, a British renewables investor, for £358 million (~$474.09 million) ...

The Ministry of Energy and Non-Renewable Natural Resources of Ecuador has issued the call for tenders for three public selection processes for financing, construction, operation, and maintenance of two power generation projects ...

Keppel Corporation-led consortium has announced that it would acquire a 51% equity stake in Singapore-based solar developer Cleantech Solar for up to $150 million. The consortium includes Keppel Asia Infrastructure Fund ...