Macquarie’s Green Investment Group (GIG) has entered into an agreement, subject to the satisfaction of customary completion conditions, to acquire a 40% stake in the East Anglia ONE (EA1) offshore wind farm from ScottishPower Renewables (UK) Limited, a subsidiary company of the Iberdrola group. GIG has secured debt financing from…

The International Renewable Energy Agency (IRENA) and UN Climate Change (UNFCCC) are jointly ramping up efforts to fight climate change by promoting the widespread adoption and sustainable use of renewable energy. The new strategic partnership builds on a long history of cooperation that aims to ensure a low-carbon climate-resilient world…

A UK commitment to provide financing for renewable energy and energy efficiency to Pakistan’s industrial Small and Medium Enterprises (SME) sector has been signed by the Department for International Development (DFID). As part of DFID’s Sustainable Energy and Economic Development (SEED) programme, Karandaaz will invest over £15 million to promote…

August 8, 2019 – Boulder, CO – A new report from Navigant Research examines the evolution of the global smart city market, with a focus on five key industries: energy, water, mobility, buildings, and government. Global revenue forecasts for smart city technologies, segmented by industry and region, extend through 2028.…

August 6, 2019 – Boulder, CO – A new report from Navigant Research examines pricing trends and issues driving growth for energy storage technologies. The report provides pricing forecasts for large format lithium ion (Li-ion) batteries used in both grid storage and EV markets. Installed project price forecasts are also…

The Green for Growth Fund (GGF), an impact investment fund advised by Finance in Motion, has attracted EUR 4 million in dedicated funding from the initiative Climate Action in the Middle East North Africa (CAMENA). Combined with EUR 5 million in support from the European Investment Bank (EIB) through the…

July 30, 2019 – Boulder, CO – A new report from Navigant Research analyzes the key trends, drivers, and barriers to adoption of data platforms and other big data management solutions within the utility industry, providing global market forecasts through 2027. Utilities are increasingly interested in big data management, whether…

The Planning Inspectorate has announced that they will grant planning permission for the continued operation of the Kirkby Moor wind farm until 2027. Commenting on the decision, Ventient Energy’s CEO Mark Jones said: “We’re delighted with the decision from the Planning Inspectorate to allow the Kirkby Moor Wind Farm to…

Over an uninterrupted period of least 19 years and a day, a window or other aperture in a building can acquire a “right to light” over nearby land. Once this happens, the window owner can prevent the nearby land owner building on his land in a way that reduces the…

New York has awarded 1.7 GW of offshore wind capacity to two separate projects led by Denmark’s Orsted and Norway’s Equinor. The New York State Energy Research and Development Authority (NYSERDA) selected the 880 MW Sunrise Wind project, a 50-50 partnership between Orsted and New England energy supplier Eversource, and Equinor’s 816…