Acen pushes ahead with 9.6 GWh pumped hydro project in Australia
Development of an 800 MW/ 9,600 MWh pumped hydro project in the Central-West Orana Renewable Energy Zone in New South Wales, Australia, is now moving forward, as renewables company Acen Australia has started geological works on site.
Northvolt secures $1.6bn backing for twin battery gigafactories
In a little over ten years, Northvolt aims to pour 150 GWh of batteries onto the European market, annually. The company is also working to source end-of-life batteries for half its raw materials.
Sparx launches $18 million renewables fund in Japan
A unit of Tokyo-based asset manager Sparx has set up a new JPY 20 billion (US$17.95 million) fund to invest in operational renewable energy projects throughout Japan.
Sparx’s clean-energy investments hit $1.2 billion in Japan
Solar accounts for nearly 92% of its 307 MW renewables portfolio, with total investment reaching ¥137.3 billion ($1.2 billion) by the end of January 2017.
