Latest News for: Group energies


CIT Leads Refinancing of $69 Million Strata Clean Energy Portfolio

The Salamanca Press 02 Dec 2021
2, 2021 /PRNewswire/ --�CIT Group Inc.�(NYSE ... "Strata Clean Energy continues to grow its reputation for excellence in solar power development," said Mike Lorusso, managing director and group head of CIT's Power and Energy�business ... The unit manages a large, diverse portfolio that includes investments in all asset classes across the energy sector.

Sembcorp Industries to acquire 35% stake in SDIC New Energy

Power Technology 02 Dec 2021
The deal was executed by Sembcorp’s subsidiary Sembcorp Energy (Shanghai) Holding, which signed the agreement with State Development Investment Corporate Group’s (SDIC) Shanghai SDIC Xieli Development Equity Fund Partnership (Xieli Fund). The remaining 65% stake in SDIC New Energy will be held by SDIC’s publicly listed power arm, SDIC Power.

Overnight Energy & Environment — Presented by ExxonMobil — Dems seek to preserve climate provisions

The Hill 02 Dec 2021
Joe ManchinJoe ManchinOvernight Energy & Environment — Presented by ExxonMobil — Manchin seeks 'adjustments' to spending plan Pence-linked group launches 0K ad campaign in West Virginia praising Manchin Democrats push tax credits to bolster clean energy MORE (D-W.Va.) pushes for adjustments.

Yokogawa Acquires PXiSE, a Developer of High-speed Control Software for Grids and Renewable Energy Assets

The Eastern Herald 02 Dec 2021
PXiSE’s Active Control Technology (ACT) is an automated grid control software platform that consists of hybrid power plant controls, microgrid controls, and a distributed energy resource management system, achieving holistic system optimization by enabling the integration of groups of DERs alongside traditional grid components.

Fexco the latest player to target Ireland’s offshore wind energy sector

Irish Independent 02 Dec 2021
Kerry-based financial services group Fexco is poised to take a plunge into Ireland’s offshore renewable energy sector, the Irish Independent has learned ... Fexco, whose chief executive is Denis McCarthy, confirmed it is engaged in an “early-stage exploration” of how the group can ...

Australia’s new National Electricity Market rules ‘designed to incentivise battery investments’

Energy Storage News 02 Dec 2021
Trade group the Clean Energy Council issued a statement today arguing that the new rules place energy storage — including pumped hydro as well as batteries — at a disadvantage to coal and gas ... The Clean Energy Council’s Christian Zuur said the group was “pleased to see that the ...

Germany Forced To Burn 20% More Coal During Cold Weather

Principia Scientific 02 Dec 2021
The figures were compiled by the (Working Group for Energy Budgets) and based on the first 9 months of the year ... “The working group attributes the high additional consumption of coal for energy generation compared to the same period last year to the unfavorable weather conditions for renewable energies.

ADQ and TAQA sign $6bn agreement with Kazakhstan's sovereign fund

Arab News 02 Dec 2021
The UAE will invest up to $6 billion in Kazakhstan's energy sector, it has been announced. The Abu Dhabi Developmental Holding Company — known as ADQ — and the Abu Dhabi National Energy Company — known as TAQA — have entered into an agreement with the Central Asian country’s sovereign wealth fund, Samruk-Kazyna, ADQ published on their website.

Blackstone portfolio firm files offshore wind transmission bid in New Jersey

Renewables Now 02 Dec 2021
Other companies have also submitted proposals for offshore wind transmission in New Jersey, including NextEra Energy Transmission Mid-Atlantic Holdings LLC, part of US utility group NextEra Energy Inc (NYSE.NEE), and a partnership ...

How smart energy can deliver for smaller businesses

New Statesman 02 Dec 2021
It could group thousands of businesses with similar use profiles and preferences and sell their collective energy demand to suppliers ... If smaller businesses were grouped together, say in a shopping centre, smart meters could facilitate an integrated energy service ... Join the energy revolution and contact your energy supplier to request a smart meter.

Revenues climb as utility services provider recovers from pandemic

The Business Desk 02 Dec 2021
The Group notes its broad and diverse business operations continue to demonstrate resilience within a currently volatile energy market ... “The resilience demonstrated by the Group to date in the face of ongoing turbulence in the energy market is, I believe, a testament to the ...

Progressive groups urge Schumer to prevent further cuts to $2T plan

The Hill 02 Dec 2021
More than 100 progressive groups to Senate Majority Leader Chuck ... on a path towards clean energy, nothing else must be cut from the bill,” the groups wrote ... Manchin previously weakened other sections of the bill, including its clean energy plan, following industry lobbying efforts.

OPEC+ extends existing production policy for January

Anadolu Agency 02 Dec 2021
The group said they decided to increase the production by 400,000 bpd in January, without ruling out to have an urgent meeting depending on the developments of the pandemic. The group vowed to continue to monitor the market closely and 'make immediate adjustments if required.' ...

EU countries struggle to find joint response to energy price spike

Ekathimerini 02 Dec 2021
Some European Union countries including France and Spain stepped up calls to reform the bloc’s energy market rules to cope with high prices, a stance challenged by a rival group of states including Germany, as EU energy ministers met on Thursday. European energy prices ...

Indonesia Pertamina Geothermal plans IPO in Q2 next yr -minister

Reuters 02 Dec 2021
JAKARTA, Dec 2 (Reuters) - Indonesian power company PT Pertamina Geothermal Energy, a unit under state energy company Pertamina group, will launch an initial public offering in the second quarter of next year, a minister said on Thursday.