Actis closes $600 million investment in Philippines’ MTerra Solar
Actis has finalized a $600 million investment in Terra Solar Philippines Inc. (MTerra Solar), partnering with MGEN Renewable Energy Inc. (MGreen) and its subsidiary, SP New Energy Corp. (SPNEC), to expand renewables in the Philippines.
The Hydrogen Stream: Morocco approves $32.5 billion of green hydrogen projects
The Moroccan government has approved six projects by a range of foreign companies, while the European Hydrogen Bank’s second auction for renewable hydrogen production has attracted 61 bids from projects in 11 countries.
Australian venture switches on 6.5 MW solar-plus-storage project
Vibe Energy, an Australian energy and infrastructure company, has energized the Nhill Renewable Energy Facility (NREF), its joint venture with Victoria-based regional water authority GWMWater.
Paloma Rheem to expand heat pump business with Fujitsu General deal
Heat pump manufacturer Paloma Rheem says it plans to acquire Fujitsu General. The transaction, which is set to conclude by July 2025, could expand Paloma Rheem’s market reach and drive innovation in integrated air and water solutions.
Bord Gáis Energy acquires Swyft Energy
Bord Gáis Energy has acquired Irish solar installer Swyft Energy to expand its reach in Ireland’s residential, commercial, and agricultural PV markets.
Japanese gas supplier buys stake in Vietnamese PV operator
Japanese energy producer Shizuoka Gas has jumped into Vietnam’s renewable energy sector with the acquisition of a 25% stake in My Son-Hoan Loc Viet Solar Energy JSC.
The Hydrogen Stream: Hamburg to install 100 MW electrolyzer system
The Hamburg Green Hydrogen Hub has tapped Siemens Energy to provide and install six electrolyzers for a 100 MW system, with construction set to begin next year and commercial operation expected by 2027.
The Hydrogen Stream: H2Mare project links electrolyzers to wind turbine
The German government says that the H2Mare OffgridWind project in Denmark has connected two electrolyzers to a wind turbine for hydrogen production, while Ontras Gastransport and H2 Energy Europe have agreed to define the technical and commercial framework for hydrogen transportation in its Green Octopus Mitteldeutschland pipeline project.
The Hydrogen Stream: US government offers $62 million for hydrogen tech
The US Department of Energy has announced $62 million for 20 projects to accelerate hydrogen technology, while international researchers have revealed how hydrogen injection into existing natural gas infrastructure could affect 115 million gas meters in the European Union.
Bee Solar, Huasun sign MoU to develop gigawatt-scale European supply chain
The Italian company and Huasun Energy are teaming up to produce wafers, cells and modules for the European market, with the aim to be the most cost-competitive in Europe. The two companies are working to start production in 2026.
