Other renewables

Octopus Energy Group secures a US$800 million additional investment, valuing the company at $7.8 billion, woth plans to accelerate global clean energy expansion.

H2 Energy Europe has announced the award of government funding for its 20 MW electrolytic hydrogen production facility at the port of Milford Haven, the first of its kind in South Wales.

Lhyfe has announced the successful closing of a €28 million financing package with its banking partners.

Kyuden International Corpo. and Kyuden Mirai Energy Company Incorporated’s tidal energy demonstration project officially started operations on 18 December 2023.

The Dutch state is stepping in as an active partner in PosHYdon through EBN.

GreenFire Energy Inc. has signed a memorandum of understanding with Yoiba Energy to work together to develop geothermal energy projects in Spain.

ACWA Power, signed a power purchase agreement for the ACWA Power Project DAO, a 150 MW dispatchable renewable hybrid power plat in South Africa’s Northern Cape Province.

Suomen Voima Oy is aiming to build 1 – 3 small scale pumped-storage hydropower plants in Northern Finland.

Reykjavík Energy and the Nordic Investment Bank have agreed on a green loan financing of energy and utility projects in the amount of US$100 million.

The consortium of EDF, TotalEnergies, and Sumitomo Corp. has been selected as strategic partner by the Government of Mozambique for the development of the Mphanda Nkuwa hydropower project.

Lhyfe has inaugurated its green hydrogen production site in Brittany with a capacity of 2 tpd.

Statkraft is acquiring the 450 MW Red John Pumped Storage Hydro scheme in Scotland from ILI, strengthening its commitment to Scotland’s renewable energy goals and UK energy security.

Star Energy has mobilised a drill rig to a recently constructed well pad on its Ernestinovo licence in Eastern Croatia, three months after the acquisition of its Croatian Geothermal interests.

Carlton Power has been successful in Round One of UK Government’s Hydrogen Allocation Round.

Eastern Green Link 1 will see the creation of a subsea transmission cable from Scotland to England, enabling the transmission of renewable green energy to power more than 2 million homes across the UK.