Blackstone to invest $3bn in US Renewables giant Invenergy

Blackstone to invest $3bn in US Renewables giant Invenergy

Blackstone Inc, the world’s largest alternative asset manager, said it will invest some $3 billion in Invenergy, the largest private wind developer and owner in North America. The multi-billion investment is one of the largest ever in US renewable energy, the...

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Fortum and Uniper plan 380MW Onshore Wind Hub in Finland

Fortum and Uniper plan 380MW Onshore Wind Hub in Finland

Fortum and Uniper plan to build 380MW of new wind power capacity in western Finland – their first project since they agreed to work together on renewable energy development, construction and asset management. They aim to start civil works for the 380MW Pjelax-Böle...

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Wind Power supply Chains ‘need Built-in Flexibility’

Wind Power supply Chains ‘need Built-in Flexibility’

The Covid-19 pandemic and commodities price surges have especially rattled supply chains for renewable energy projects, according to Josh Skogan, senior vice president for procurement at AES Corp Renewables’ supply chains are more complex than are those of fossil-fuel...

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RWE Targets 31GW Renewables and Storage Capacity by 2030

RWE Targets 31GW Renewables and Storage Capacity by 2030

German utility-developer plans €50 billion spending spree on renewables, gas and storage in the next decade RWE aims to double its net wind, solar, batteries, gas and hydrogen capacity to 50GW by 2030, with a newly unveiled €50 billion spending plan. This includes a...

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