Nuveen is the asset management arm of U.S. financial services group TIAA. Nuveen acquired European renewable energy fund manager Glennmont Partners, which manages over US$ 2 billion worth of assets. Glennmont Partners was formed in 2008 and targets investments in clean energy infrastructure such as wind, solar, and biomass. Nuveen seeks to center Glennmont Partners [...]
By Sanja Pekic French energy company Total announces the acquisition of a 20 per cent minority interest in Adani Green Energy Limited (AGEL) from Adani Group, India's leading infrastructure platform. The post Total buys from Adani a 20% stake in Indian solar developer appeared first on Offshore Energy. Read Full Article Here For more great...
French oil and gas major Total SE is to acquire a 20% stake in Adani Green Energy Ltd (AGEL), the renewables arm of the Ahmedabad-based diversified Adani group, and 50% ownership of the company's operating solar projects with aggregate capacity of over 2 GW (gigawatts) for $2.5 billion.
French oil major Total has acquired a stake in India's Adani Green Energy (AGEL), a move that continues to push it ahead of its fellow European oil majors when it comes to renewables. AGEL has 3 GW of operating renewable capacity, the same in construction and 8.6 GW in development, adding up to 14.6 GW. By 2025 it is targeting 25 GW. It claims to be the world's largest solar developer. In June last year, it won the world's largest solar tender, an 8 GW auction in India.
French oil giant Total said on Monday that it would pay $2.5 billion (EUR2bn) for a 20 per cent stake in India's Adani Green Energy Ltd (AGEL), a major solar energy producer, as it diversifies away from fossil fuels into renewables. Along with the 20 per cent direct stake comes a 50 per cent holding in a portfolio of solar energy assets operated by AGEL, part of the Adani group, Total said in a statement.
Volatile Prices Put Us$50b Of Gas Projects In Asia At Risk, Report Warns | News | Eco-business | Asia Pacific
Highly volatile prices will make LNG power plants more costly and unpredictable to operate in emerging economies such as Bangladesh, Pakistan and Vietnam, says an energy think tank. This bolsters the case for a pivot to renewables.
National Grid Joins Low-carbon Resources Initiative Aimed At Enabling Affordable Net Zero Path | Justmeans
Jan 13, 2021 10:55 AM ETTweet This: . @NationalGridUS joined the Low-Carbon Resources Initiative (LCRI), a five-year initiative to develop and demonstrate key clean energy technologies and #decarbonization solutions. https://bit.ly/38DHloc Press ReleaseWALTHAM, Mass., January 13, 2020 /3BL Media/ - National Grid today joined the Low-Carbon Resources Initiative (LCRI), a five-year initiative to develop and demonstrate key clean energy technologies and decarbonization solutions. These include clean hydrogen, bioenergy, and renewable natural gas, all potential pathways to a decarbonized future.
Silver And Platinum Will Outperform Gold In 2021 As The Economy Recovers And Industrial Demand Supports Higher Metals Prices, Says Ubs | Markets Insider
Summary List Placement UBS Global Wealth Management strategists said silver and platinum will outperform gold in 2021 as the economy recovers and industrial demand picks up. A greater focus from policymakers on renewable energy and decarbonization in 2021 may also help silver. According to UBS, more than 50% of silver used in industrial applications is linked to solar panels and electronics. Meanwhile, gold will struggle to attract sufficient exchange-traded fund inflows to sustain prices north of $1,900, said UBS. The firm sees the asset finishing the year 2.5% below current levels, at $1,800 per ounce.
Budget 2021: Industry Experts Seek Additional Funds, Incentives For Agriculture Sector | Economy News
The direct benefit transfer (DBT) scheme should be utilised more to support farmers instead of giving subsidies, said experts. : The direct benefit transfer (DBT) scheme should be utilised more to support farmers instead of giving subsidies, said experts. New Delhi: The government should provide additional funds as well as incentives in the upcoming Budget to promote indigenous farm research, oilseeds production, food processing and organic farming for the overall growth of the agriculture sector, according to industry experts. The direct benefit transfer (DBT) scheme should be utilised more to support farmers instead of giving subsidies, they added.