Energy Vault has been listed on the New York Stock Exchange (NYSE) after the completion of its merger with special purpose acquisition company (SPAC) Novus Capital Corporation II. At a meeting last week, the SPAC’s shareholders decided to approve the corporate merger. Energy Vault shares debuted on the New York Stock Exchange (NYSE) February 14 under …
Gravity Storage Startup Energy Vault Goes Public on the NYSE Read More »
As sustainable equity strategies garner record investor cash, Goldman Sachs is going green. The Goldman Sachs Bloomberg Clean Energy Equity ETF, which will trade under the ticker GCLN, was introduced Thursday by the asset management arm of Wall Street’s largest investment bank, Yahoo Money reports. The fund, created by Goldman Sachs Asset Management and Bloomberg …
Veteran bankers who have advised on mega-deals in the oil and gas industries are beginning to take on roles as consultants on mergers and acquisitions in the renewables sector, as the global energy industry shifts its emphasis away from fossil fuels and toward low-carbon enterprises, Oilprice.com writes. Because of the worldwide drive toward cleaner energy …
Veteran bankers are taking up positions in the renewables industry Read More »
Last year, Russian investors in renewable energy sources accelerated the commissioning of planet-friendly power plants, a report from the Russian Center for Financial Settlements (CFR) showed, Russian media reported. According to the CFR report, in 2021, authorities launched 57 renewable energy projects (solar, wind and hydroelectric power plants) in Russia with a total capacity of …
Russia launched 57 renewable energy projects in 2021 Read More »
Green Genius, a renowned European renewable energy producer, intends to create approximately 500 MW of solar PV capacity in Romania by 2025 in order to provide green and clean energy in the nation. According to Green Genius executives, the business intends to spend around EUR 450 million in this project, which will help lower the …
Green Genius to Invest over EUR 450 million in Photovoltaic Parks in Romania Read More »
According to BloombergNEF analysis, corporations across the globe acquired a record 31.1 GW of renewable energy in 2021, up 24 percent from the previous high of 25.1 GW in 2020, utilitydive.com writes. LevelTen Energy Marketplace statistics show that persistent demand for renewable energy combined with supply chain restrictions and connectivity delays resulted in a 5.9 …
Corporations around the world purchased a record 31.1 GW of renewable energy in 2021 Read More »
Tata Power is in advanced talks with investors such as the Canadian Pension Plan Investment Board (CPPIB), Singaporean sovereign fund Temasek Holdings, and private equity firm General Atlantic to raise up to $600-700 million for its renewable energy business, with an equity valuation of around $6-7 billion. The transaction is nearing completion, as the salt-to-steel …
Indian Tata Power to raise $600-700 million for its renewable energy business Read More »
A legislative document showed that the European Commission (EC) had classified nuclear and natural gas energy as transitional green energy sources that contribute to a carbon-free economy. “The European Commission believes that there is a role for private investment in gas and nuclear energy during the transition period,” the document says. In particular, it also …
EU to classify gas, nuclear energy as green transitional energy sources Read More »
Fatpos Global has published a research named “Renewable Energy Market – Analysis of Market Size, Share, and Trends for 2014 – 2018 and Forecasts to 2030,” which predicts that the market would be worth USD 2252.72 billion by 2030. According to a Fatpos Global report, the market is expected to grow at a 7.08 percent …
Global Renewable Energy Market to reach $2252.72 Billion by 2030 Read More »
Daimler Truck North America (DTNA), BlackRock Renewable Power, and NextEra Energy Resources intend to invest $650 million in a joint venture to construct charging infrastructure for electric and hydrogen fuel cell medium- and heavy-duty trucks, removing a barrier to wider adoption, prnewswire.com writes. The new charging stations and hydrogen filling stations are aimed at commercial …
