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CIP plans to invest $115bn in renewable energy by 2030

Danish investment firm Copenhagen Infrastructure Partners (CIP) has announced plans to invest €100bn ($115bn) in renewable energy by 2030. The company said that the investment goal is ‘well-supported’ by a pipeline of renewable projects. CIP made the announcement at the...

RWE and PPC form Joint Venture to realise renewable energy projects

Greece is one of the sunniest countries in Europe and has ambitious growth plans for renewable energies. Two highly experienced energy groups, RWE and PPC, have joined forces to help accelerate the Greek energy transition by developing large-scale solar...

EDPR reinforces its presence in the Asia-Pacific region through the investment in the Singaporean group Sunseap

EDP Renewables, the world's fourth largest renewable energy producer, has reached an agreement to acquire 87.4% stake in Sunseap, the largest distributed solar player and top 4 solar player in South East Asia. Between signing and closing, EDPR may...

TotalEnergies, Iberdrola and Norsk Havvind join forces for offshore wind development

TotalEnergies, Iberdrola and Norsk Havvind have joined forces to respond to the Norwegian authorities' call for tenders for the development of floating and bottom-fixed wind projects for a cumulated capacity of 4.5 GW at two offshore sites in southern...

Morocco to Mobilize Global Investment of $1.6 Billion in Wind Energy

Morocco will mobilize global investment of around 14.5 billion dirhams ($1.6 billion) in a wind energy program, its foreign ministry said. In another context, Morocco’s trade deficit grew 25.5 percent to 151.8 billion dirhams ($16.5 billion) in the first...

Mitsubishi Power Begins Operation of 500 MW Natural Gas-fired GTCC Power Generation System in Indonesia

Mitsubishi Power, a power solutions brand of Mitsubishi Heavy Industries, Ltd. (MHI), has completed the installation and commissioning of a 500-megawatt (MW) natural gas-fired gas turbine combined cycle (GTCC) power generation system for the Muara Karang Power Plant, which...

MHI Invests in Cemvita Factory, Inc., a Leading Industrial Biotechnology Startup, to Accelerate Decarbonization Efforts

Mitsubishi Heavy Industries (MHI) Group announced that it has invested in Cemvita Factory, Inc. (Cemvita), a Houston-based startup that utilizes innovative synthetic biology to decarbonize heavy industries such as chemical manufacturing, mining, and oil and gas. By investing in...

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