Other renewables

EverWind fuels has announced a partnership with the Port of Rotterdam to advance green hydrogen supply.

The World Hydropower Outlook, due to be released in full in June 2024, shows that although hydropower capacity in Africa grew this year by 2 GW, just 10% of the continent’s potential is being realised.

Asahi Kasei has announced that it has started operation at its green hydrogen project in Kawasaki, Japan.

Nexergy Holdings PLC has announced a strategic collaboration with Lorentz to realise the commercial production of green hydrogen for use in multiple industries.

Motive Offshore Group has secured a six-figure contract with Briggs Marine to design and manufacture a 300 Te spooler package.

Matrix Renewables has received €300 million in corporate debt financing for the construction of its renewable portfolios in multiple different countries.

Watson Farley & Williams has advised Eavor Erdwaerme Geretsried GmbH on a €350 million investment to build its first commercial scale Eavor-Loop geothermal project in Geretsried, Bavaria, Germany.

James Fisher and Sons plc has been awarded a contract for the management, repair, and maintenance of high voltage equipment and cables at two of Menter Môn’s Morlais tidal energy substations.

The U.S. Energy Information Administration expects electricity generation will grow by about 3% in 2024 and 1% in 2025.

H-TEC SYSTEMS and Bilfinger have signed a memorandum of understanding for a collaboration aimed at jointly developing green hydrogen projects in Europe.

Zanskar Geothermal and Minerals has secured US$30 million in funding for AI led exploration targeting geothermal affordability and deployment.

UK Power Networks Services has expanded its renewables portfolio with the acquisition of UU solar, entailing ownership of 70 solar, wind, and hydropower projects.

Two hydrogen projects owned by CI Energy Transition Fund I, managed by Copenhagen Infrastructure Partners, have been successful in securing grants from the European Commission in its first European Hydrogen Bank auction.

Eavor Erdwärme Geretsried GmbH has entered into a loan agreement for the project financing totalling at around €130 million with Japan Bank for International Cooperation, the European Investment Bank, ING Bank N.V., Tokyo Branch, and Mizuho Bank, Ltd.

GreenFire Energy has been selected for the Launch Alaska Portfolio, along with 10 other innovative technology companies from a large pool of candidates.