Strategic Alliances

Green hydrogen joins natural gas in Australian pipelines

Canadian gas giant ATCO has unveiled its Clean Energy Hub in Jandakot which will explore the potential of hydrogen for home use in gas appliances. On the same day, the Western Australian government has launched a renewable hydrogen strategy and announced the creation of a $10 green hydrogen fund.

CBEA lets loose first $5.5 million for 60 minigrids in Tanzania

Crossboundary Energy Access (CBEA) was established in January with large investment contributions from Rockefeller and Shell Foundations. The funding facility, which said it would work to unlock $11 billion in funding for the electrification of 100 million people in Africa, has penciled its first transaction with PowerGen Renewable Energy.

Scatec Solar finalizes 197 MW portfolio in Malaysia

Scatec Solar moved into the Malaysian Solar market in late-2016. The company sealed financing for 197 MW of capacity with the help of the country’s green bonds, the year after. Malaysia is continuing on its solar trajectory and will hold the third iteration of its tenders for the allocation of an addition 500 MW in generation capacity.

Shell, Sumitomo invest in LO3 Energy to develop blockchain-based community microgrids

Two corporate heavyweights have announced investments in the New York-based developer and operator of peer-to-peer energy platforms. The funding will allow LO3 to scale its blockchain-based community energy networks worldwide.

Osaka Gas opens up corporate PPA shop in Thailand

Thailand’s solar market had ground to a bit of a halt after FITs were cut. Osaka Gas has launched a joint venture with Energy Pro Corporation to market commercial and industrial PV arrays under corporate power purchase agreements.

Ideematec banks new investment worth millions for business expansion

The solar tracker supplier is benefiting from a steadily growing PV market and has inked a deal with ABN AMRO Energy Transition Funds for new capital to expand its operations.

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EY blog warns grid operators ‘the clock is ticking’

The energy transition is accelerating, Ernst & Young global energy leader Benoit Laclau has warned grid operators, thanks to the confluence of digitization, decentralization and decarbonization. Traditional utilities must get with the program or be swept aside.

Lightsource BP acquires 1.9 GW of Brazilian solar projects

The developer has announced a major portfolio acquisition. London-based Lightsource says it has acquired 1.9 GW of solar generation capacity in various stages of development from Brazilian developer Enerlife.

Redavia solar-lease solution keeps fish cool in Ghana

A 90 kW pay-as-you-go solar system is helping a fish trading company cut energy bills at its cooling sites.

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Oxford PV receives $43m investment from Meyer Burger and others

The British-German perovskite startup has closed series D funding with another £34 million to bring the money raised in the round to £65 million.

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