The acquisition of the Vara Kroken wind plant in Västra Götaland, Sweden, by Locus Energy, a portfolio company under SEB Nordic Energy, signifies a pivotal step towards enhancing local wind power production and sustainability. This acquisition comes on the heels of Locus Energy's earlier p
The Hesquiaht First Nation (HFN) in Hot Springs Cove has embarked on a transformative journey towards sustainability with the completion of a remarkable renewable energy project. This initiative has not only reduced the community's reliance on diesel but also reinstated a sense of
Innergex Renewable Energy's financial performance for the second quarter of 2024 has raised eyebrows as the company reported a net income of $23.01 million, marking a 7.2% decline compared to the same period in 2023. Excluding non-recurring items, the firm posted an adjusted net loss of $3.86
The Department of Energy (DOE) has unveiled a comprehensive report that recommends strategic measures to fortify the U.S. hydropower supply chain. This initiative is aligned with the national goal of achieving a carbon-free electricity grid by 2035. Hydropower is particularly significant as it
As the global energy landscape evolves towards sustainability, Indonesia, a nation endowed with vast natural resources, is increasingly turning its focus towards hydropower. This renewable energy source is being eyed as a linchpin in the country’s strategy to transition from fossil fuels to cleaner
Kenya is making significant strides in its renewable energy sector with the introduction of the 2024 Net-Metering Regulations. Gazetted by the Cabinet Secretary for the Ministry of Energy, these regulations aim to operationalize net-metering arrangements as conceptualized in the Energy Act of 2019.
