Dutch gas and power provider Essent has agreed to buy the Amsterdam-based renewables marketplace for an undisclosed sum. Vandebron sells electricity aggregated from wind, solar and biomass projects.
Open-source blockchain platform Energy Web Foundation has revealed the number of its affiliates has risen from 37 to 100 in recent months. New members include EnBW, Total and a unit of the State Grid Corporation of China. The platform was conceived to create an energy-blockchain ecosystem and to accelerate the energy transition.
According to the Brussels authorities, the transaction could affect competition in the electricity and gas sectors. EU competition commissioner Margrethe Vestager wants to ensure there are no price increases as a result of the proposed takeover.
German-based Innogy SE’s US subsidiary will gain exclusive rights for the acquisition of 13 solar PV projects currently owned by Birdseye Renewable Energy LLC. The projects have a cumulative capacity of 440MW and are at various stages of development.
Eon has now secured funding required the acquisition of RWE’s renewable energy subsidiary innogy, a move that was announced in March. German regulators, and the companies’ respective boards, have not yet give the green light for the acquisition.
In a short chat with pv magazine, the head of Eon’s solar business in Germany, Sebastian Eisenberg has described how the German utility is planning to further develop its PV activities after the company’s recent plan to buy a majority stake in Innogy. The deal, in fact, envisages redistributing operations so that RWE focuses on the renewable energy business, while energy networks and customer solutions would be the responsibility of Eon.
Eon has announced plans to take over a 76.8% stake in the German utility, RWE’s renewable energy spin-off, Innogy. The acquisition is part of a far-reaching agreement between the two, which envisages redistributing operations so that RWE focuses on the renewable energy business, while energy networks and customer solutions would be the responsibility of Eon.
The two European utilities have set up a decentralized marketplace with other partners. The direct trade via Blockchain should help to save costs.
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