Strategic Development
Masdar acquires 50% stake in 1.6GW US renewables portfolio
Masdar has made a strategic investment in the US in a deal with EDF Renewables North America that will see it acquire a 50% stake in a 1.6GW clean-energy portfolio.
Solar
Russia begins testing its first floating solar PV plant
Russia has started testing its first floating solar PV plant in a reservoir of the Nizhne-Bureskaya hydropower plant in the Far Eastern Federal District.
Hydrogen
Coregas and Hyundai partner on Australian hydrogen refuelling project
Hydrogen supply lines to Australia’s zero-emission vehicle industry have been strengthened, with a new deal signed by Coregas, Hyundai and Jemena.
Wind
Deal reached to fund Spain’s largest wind farm
DNV GL has successfully completed technical due diligence on behalf of Banco de Sabadell S.A. and Bankia S.A for financing the Gecama wind farm
Nuclear
Chevron expands low-carbon energy portfolio with nuclear fusion startup investment
Chevron Corporation has announced a Series A investment in Seattle-based nuclear fusion startup Zap Energy Inc
Hydroelectric
India: SMEC to provide engineering services for 500MW pumped storage project
The project, in the Nilgiris hills of the Tamil Nadu State, will provide peaking benefits by using the existing reservoir at Porthimund as the upper reservoir and Emerald as the lower reservoir.
Gas & Oil Fired
Siemens supports Lebanon victims with electric power
Siemens is helping the people of Beirut rebuild in the wake of the tragic catastrophe that occured on 4 August 2020, when 2,750 tonnes of ammonium nitrate exploded at the port, killing more than 170 people.
Renewables
Visa commits to environmental sustainability with $500 million green bond
Visa has expanded its commitment to sustainability by issuing a $500 million green bond.
Strategic Development
EIT InnoEnergy saves start-ups with €7.3m COVID-19 response initiative
EIT InnoEnergy has mobilized €7.3 million in additional funding from the European Institute of Innovation & Technology to support energy innovators through COVID-19.
Renewables
RWE joins newly launched European Clean Hydrogen Alliance
RWE has joined the newly launched European Clean Hydrogen Alliance.
