Other renewables

PG&E has been awarded US$34.5 million in grant awards from the U.S. Department of Energy Grid Deployment Office to support 19 hydroelectric projects across its system.

The International Hydropower Association has launched the 2024 World Hydropower Outlook in Southeast Asia in Indonesia, following the inauguration of IHA’s Southeast Asian office in Jakarta.

X-Caliber Rural Capital has announced that its affiliate, XRL-ALC, LLC, has closed a US$100 million bridge loan to support Phase I development of Fervo Energy’s Cape Station project in Beaver County, Utah.

Envision Energy has partnered with the Spanish Government and industry leaders to develop integrated green hydrogen net zero industrial park.

SSE and EET Hydrogen have partnered on a green hydrogen production facility in the North West, UK.

A €19.6 million partnership project, which aims to be the stepping stone towards large scale wave energy commercialisation, has received formal go-ahead from the EU.

Baseload Capital has announced the closing of its €53 million Series B round of financing to scale up geothermal energy.

Anglesey tidal energy project, Morlais, has seen an additional 10 MW awarded to one of its turbine developers in the latest UK government renewable energy auction, AR6.

Downing has become set to digitalise 32 hydropower plants across Sweden.

The Ondas de Peniche project has been awarded €19 million from the EU’s Horizon Europe funding programme to deploy a 2 MW wave energy array featuring four WaveRoller wave energy converters.

SAE has secured a Contract for Difference in the latest allocation round for the MeyGen site.

Aquila Capital has expanded its European presence with a strategic market entry into France with a business development partnership.

Thrive has joined forces with TopCashback Sustainability to help fund the next phase of the UK energy transition.

Volue has announced multiple new contract wins with Switzerland’s Repower for the support of flexible hydropower plants.

Rendesco has announced the acquisition of ADP Group’s geothermal drilling operation following their successful fundraise earlier this year.