Australian mineral explorer Southern Gold Limited (ASX:SAU) unveiled a deal to acquire battery technology company Iondrive Technologies Pty Ltd (IDT) which has a strategic partnership with the University of Adelaide to commercialise energy storage technologies.
-- Germany may sell Tennet stake after acquisition - report
The German government is exploring the option to sell a majority interest in the local unit of Dutch transmission system operator Tennet Holding BV soon after it buys it from the Dutch state, Bloomberg reported on Friday.
-- Motor Oil buys into Greek firm with stake in 1.9-GW solar portfolio
Greek petroleum refiner Motor Oil Hellas (FRA:MHZ) has acquired a majority interest in domestic solar power producer Unagi SA, thus getting access to its ownership in a photovoltaic (PV) portfolio of 1.9 GW.
-- RPC, Greenfield partner to develop 500 MW of battery storage in UK
Renewable Power Capital (RPC), a UK-based renewables platform backed by CPP Investments, and London-based renewables developer Greenfield have agreed to develop at least 500 MW of battery storage capacity in the UK.
-- Simply Blue, EDF Renewables team up on 2.65 GW of Irish floating wind
EDF Renewables Ireland, part of French electricity company EDF (EPA:EDF), has teamed up with Cork, Ireland-based developer Simply Blue Group to develop two floating offshore wind projects in Ireland with a potential combined capacity of up to 2.65 GW.
-- Iberdrola, Norges Bank close giga-deal for solar, wind in Spain
Spanish utility Iberdrola SA (BME:IBE) said on Wednesday that it has finalised the agreement with Norway’s Norges Bank Investment Management (NBIM) to sell it a minority stake in a 1,265-MW wind and solar portfolio in Spain and added more than 500 MW of renewables to the negotiations.
-- Canadian Solar sells 100-MWp solar plant in Japan
Canadian Solar Inc (NASDAQ:CSIQ) announced on Wednesday it has finalised the sale of the 100-MWp Azuma Kofuji solar park in Japan's northeastern prefecture of Fukushima to local investors arranged by Mizuho Securities Co Ltd.
-- NOVA invests in Nopetro Energy under RNG partnership
US infrastructure investment firm NOVA Infrastructure has made an equity investment of an undisclosed size in local renewable and liquefied natural gas company Nopetro Energy as part of a broader partnership agreement to jointly establish a renewable natural gas (RNG) and biofuels platform.
-- Mytilineos buys 1.4-GW solar portfolio in western Canada
Greek industrial group Mytilineos SA (FRA:MYH) has agreed to acquire a portfolio of five solar projects in Alberta, Canada with an expected combined capacity of 1,410 MWdc from local solar and energy storage developer Westbridge Energy Corporation (CVE:WEB).
Swedish renewables developer OX2 AB (STO:OX2) has agreed to sell a 27-MW onshore wind farm in Foggia, Italy, to UK fund manager Glennmont Partners, the Swedish company said on Thursday without disclosing any financial details of the deal.
-- Australia’s LINE Hydrogen targets London listing via merger
Australian green hydrogen production firm LINE Hydrogen is seeking to go public in London through a merger with UK-based special purpose acquisition company (SPAC) Net Zero Infrastructure PLC (LON:NZI) in a push to capitalise on the growing global demand for green and sustainable energy solutions.
-- CleanJoule rolls up USD 50m to scale SAF production
US sustainable aviation fuel (SAF) producer CleanJoule announced it has raised USD 50 million (EUR 46.4m) in a financing round led by the principals of local private equity firm Indigo Partners and also unveiled a supply agreement with three airlines.
-- PE firm NGP raises USD 700m to invest in energy transition
US private equity firm NGP has achieved a final close of USD 700 million (EUR 649.7m) for a fund that invests in companies focused on renewable energy, electrification, energy efficiency and carbon reduction.
-- Blue Elephant Energy buys 120 MW of DG solar in Chile
German solar and wind farm operator Blue Elephant Energy GmbH (BEE) has acquired a 120-MW portfolio of solar distributed generation (DG) assets in Chile for an undisclosed sum, expanding its portfolio in the country to 281 MW.
-- ESB, Ørsted team up on Irish offshore wind pipeline
Irish state-owned utility ESB and leading offshore wind developer Ørsted A/S (CPH:ORSTED) have formed a partnership that could deliver up to 5 GW of offshore wind energy in Ireland and associated green hydrogen projects.
Anna is a DACH expert when it comes to covering business news and spotting trends. She has also built a deep understanding of Middle Eastern markets and has helped expand Renewables Now's reach into this hot region.