-- Photon Energy buys rights to Aussie solar-plus-storage project
Amsterdam-based solar power producer Photon Energy NV (WSE:PEN) has agreed to buy the development rights and land for a 9.8-MWp solar project with 10 MWh of battery storage in New South Wales, Australia.
-- NEXT Renewable Fuels unveils Nasdaq listing plan
US renewable diesel and sustainable aviation fuel maker NEXT Renewable Fuels Inc has agreed to merge with blank check company Industrial Tech Acquisitions II Inc (NASDAQ:ITAQ) in a deal that will introduce it as a publicly traded entity with an expected equity value of about USD 666 million (EUR 649.3m) at closing.
-- INVL fund pockets fresh funds for Polish, Romanian renewable projects
The INVL Renewable Energy Fund I run by Lithuania’s INVL Asset Management has reached a total size of EUR 52.9 million (USD 55.1m) to invest in renewable energy projects across the European Union, mostly in Poland and Romania.
-- Swell pockets USD 120m for solar and battery VPPs in US
Swell Energy Inc has raised USD 120 million (EUR 116.8m) to accelerate its ambition to deploy 26,000 energy storage systems at homes and businesses across the US and bring its total solar and battery virtual power plants (VPPs) to 600 MWh, the California-based company has said.
-- Enery wraps up acquisition of 81-MW renewables portfolio in Romania
Austrian renewables developer Enery has completed the acquisition of an 81-MW portfolio of renewable energy assets in Romania, boosting its green generation capacity in the Eastern European country to 273 MW.
-- Japan's ORIX lowers Ormat stake after Q3 earnings drop
Japanese financial services group ORIX Corporation (TYO:8591) has reduced its shareholding in Ormat Technologies Inc (NYSE:ORA) by 6.8%, a few weeks after the US geothermal power producer posted a decrease in its nine-month earnings.
-- Enviria, Galileo team up for gigawatt-scale solar JV in Germany
German solar energy start-up Enviria Solar GmbH and pan-European renewable energy developer Galileo Green Energy GmbH are setting up a joint venture to develop solar parks across Germany with the ambition to add about 1 GW of projects to its pipeline annually.
-- Ocean Winds, Bord na Mona plan 2.3-GW offshore wind duo in Irish waters
Irish utility service provider Bord na Mona and the Ocean Winds joint venture (JV) between EDP Renewables (ELI:EDPR) and Engie SA (EPA:ENGI) will work together on two offshore wind projects in Ireland with a potential capacity of up to 2.3 GW.
-- Actis' BluPine snaps up 404-MWp Indian solar portfolio from Atha
BluPine Energy, a portfolio company of private equity firm Actis, has finalised the acquisition of the 404-MWp operational solar portfolio of Indian miner Atha Group, the parent company said on Thursday.
-- Aussie firms form JV for 4.5 GW of long-duration storage in Victoria
Australian renewable energy developers Sunshine Hydro and Energy Estate will seek to develop up to 4.5 GW of long-duration energy storage projects to be integrated with renewable generation and green hydrogen capacity in Victoria.
-- Photon Energy acquires control of VPP developer Lerta
Amsterdam-based solar and water solutions company Photon Energy NV (WSE:PEN) on Friday said that it has boosted to 56.75% its shareholding in Polish virtual power plant (VPP) developer Lerta SA for about EUR 6.9 million (USD 7.19m) with a plan for a complete buyout before year-end.
-- Ignitis Renewables to buy 218-MW wind project in Lithuania
Ignitis Renewables, part of Lithuanian state-controlled energy holding Ignitis Group (VSE:IGN1L), said on Friday that it has signed an agreement to fully acquire a company that owns a 218-MW onshore wind farm development in Lithuania.
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.