investment

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 ...

The Indian renewable energy (RE) market is one of the most attractive destinations for foreign investors. According to the 2020 Climate Transparency report, India is the only G20 nation on ...

Buyofuel, an Indian online marketplace for biofuel and wastes, raised over ₹16 million (~$214,887) in a seed funding round led by Inflection Point Ventures (IPV). The funding will be utilized ...

The Indian solar market is steadily recovering after facing several challenges due to the Covid-19 pandemic and subsequent lockdowns in the past two years. According to Mercom's Q2 2021 India Solar ...

EDP Renewables (EDPR), a Spain-based renewable energy company, has acquired a majority stake in Singapore-based solar energy company Sunseap. The deal values Sunseap at S$1.1 billion (~$815.18 million). With this investment, ...

Yotta Energy, a U.S.-based energy storage solution provider, has raised $13 million in a Series A funding round. The company has raised a funding of $20 million to date. WIND ...

Reliance New Energy Solar, the green energy arm of Reliance Industries Limited (RIL), has offered ₹375 (~$5)/share to acquire 49.14 million equity shares of Sterling and Wilson Solar for around ₹18.42 billion ...

Here are some noteworthy cleantech announcements of the day from around the world: Rajasthan Renewable Energy Corporation Limited (RRECL) has granted an extension until November 24, 2021, to complete the ...

Mercom hosted a session on 'Solar's Dominant Role in India's Transition: Market Outlook 2030' at Mercom India Solar Forum 2021 to take a close look at the policy framework of ...

Grasim Industries Limited, the textile arm of the Aditya Birla Group, has signed a supplemental share subscription agreement with ReNew Green Energy Solutions and ReNew Surya Uday. The company plans ...

Reliance New Energy Solar, the green energy arm of Reliance Industries, will invest €25 million (~$29 million) in a Germany-based solar wafer manufacturer, NexWafe GmbH. Reliance New Energy Solar will be the ...

Air Liquide, TotalEnergies, VINCI, and other international companies have come together to sponsor the creation of the world’s largest fund exclusively dedicated to clean hydrogen infrastructure solutions. The fund aims to raise ...

Energize Ventures, a global investment manager that funds digital-first solutions for sustainable energy transition, announced that it had raised $330 million while closing its second flagship fund. The company said ...

Virescent Renewable Energy Trust (VRET), a renewable energy infrastructure investment trust (InvIt) from KKR's Virescent Infrastructure, has raised ₹4.6 billion (~$62 million) from foreign and domestic investors. Alberta Investment Management Corporation ...

Ford Motor Company and SK Innovation plan to invest $11.4 billion to develop electric vehicle and battery manufacturing facilities in the United States. The companies will form a new joint venture called BlueOvalSK ...

Kolkata-based cement manufacturer Shree Cement plans to develop 106 MW of solar power projects to meet the captive power needs of its cement manufacturing facilities at various locations. The proposed capacity is ...

European Investment Bank (EIB) recently published the report "European firms and climate change 2020/2021: Evidence from the EIB Investment Survey". The report sheds light on how European Union (EU) firms ...

CleanMax, an Indian renewable energy company, announced that Augment Infrastructure, a U.S.-based investment company, has acquired a majority stake in the company investing ₹16.5 billion (~$222.23 million) in equity. As a ...

Reliance New Energy Solar Limited (RNESL), a wholly-owned subsidiary of Reliance Industries Limited, along with investors like Bill Gates, Fortistar, Paulson & Co., and few other investors, have invested $144 ...

OMERS Infrastructure announced that it has signed a stock purchase agreement to acquire a 19.4% stake in Indian independent power (solar) producer Azure Power Global for $219 million from International Finance Corporation (IFC) ...