News

Copenhagen Infrastructure Partners has closed its CIP Growth Markets Fund II (GMF II) at approximately $3 billion in commitments, hitting exactly the target the fund was launched with in December 2023 and raising nearly three times the capital secured by its predecessor vehicle.

Turkey is set to launch its first offshore wind tender in the first quarter of 2027, marking a starting point to install 5GW of offshore capacity by 2035 and diversify the country’s renewable energy mix.

Modelling finds AI-driven productivity gains in coal, oil and gas enable more emissions than applications in renewables avoid

Northland, Gentari and Mitsui have completed a €1.48bn (NT$55bn) incremental financing package to support the under-construction 1GW Hai Long offshore wind project off Taiwan.

TenneT is preparing the Dutch electricity system for a solar eclipse on 12 August that could cause solar generation to fall by up to 1.3GW.

Envision Energy has secured a 200-megawatt (MW) wind project from REE Energy in Vietnam, its largest wind project in the country and biggest overseas nearshore wind project.

TotalEnergies has signed an agreement to acquire Shell’s onshore renewables business in Europe. The transaction includes 500 MW of solar and wind assets in operation or under construction, mainly in Italy and the Netherlands, together with a 3.5 GW pipeline of solar, wind and battery storage projects in Italy, the United Kingdom and Spain.

Denmark-based Copenhagen Infrastructure Partners (CIP) has reached financial close and started construction on its La Esperanza Solar project in Mexico, the first in a new wave of renewable energy developments in the country to achieve the milestone.

The US government has reached an agreement to pay RWE $1.22bn to vacate a trio of offshore wind leases off the coasts of New York, California, and Louisiana.

Plans for a potentially massive new wind farm in Tasmania have started the process of federal environmental assessment, seeking approval to install up to 280 turbines in the island state’s North West renewable energy zone.