TechTarget

SOLAR+STORAGE

Tesla | March 17, 2021

Tesla batteries will now be used by Sunshining, a subsidiary of Spanish-Portuguese solar developer Prosalia for its planned 1GigaWatt (GW) solar system in Alentejo, Santiago do Cacém. The proposed project, which needs an investment of €1 billion approximately, is awaiting the results of its environmental evaluation according to the Câmara Municipal de Santiago do Cacém. If the plan gets approved, Sunshining’s THSiS plant with a 1GW battery cou...

SOLAR+STORAGE, ENERGY

Form Energy, Inc | January 30, 2023

Form Energy, Inc., an American technology company developing and selling a new class of economic, multi-day energy storage systems, recently announced that it had signed definitive agreements to install its iron-air battery systems at two of Xcel Energy's retiring coal plant sites. The storage technology will enable Xcel Energy to incorporate more low-cost, renewable energy into its structure while maintaining reliability as it retires coal plants and transitions to a more renewable fu...

PV Tech | March 04, 2020

The world’s largest sovereign wealth fund will tap its outgoing boss to lead a new campaign to invest billions of dollars in green energy in the space of a few years. Norges Bank Investment Management (NBIM) is to use its trillion-plus-dollar pot of oil wealth money to inject 100 billion Norwegian crowns (US$10.7 billion) into unlisted renewable projects by 2022, CEO Yngve Slyngstad said at a press conference on Tuesday. Contacted by PV Tech today, a NBIM spokesperson confirmed recent reports th...

ENERGY

Ares Management Corporation | December 27, 2021

Ares Management Corporation (“Ares”), a leading global alternative investment manager, announced that its subsidiary, Ares Holdings L.P., has entered into a definitive agreement to acquire AMP’s PrivateMarketsCo Infrastructure Debt platform (“Infrastructure Debt”), one of the largest infrastructure debt investment platforms globally with approximately US$8 billion in assets under management, as of September 30, 2021. The transaction consideration is A$428 million (U...