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The US election is upon us and polling strongly suggests that the Democrats will be taking a full sweep in all the branches. But what would this mean for renewable energy?

The new EEG amendments are intended to help Germany increase renewable electricity capacity from 50% of total production now to 65% by 2030.

Last week we held our Financing Wind North America conference. One of the most interesting sessions was on the first day as Frank Getman, president and CEO at Great Bay Renewables, spoke to Bruce Hogg, managing director and head of power & renewables at CPP Investment Board, and Martin Torres, head of the Americas for renewables at BlackRock Real Assets.

In less volatile market conditions, renewable energy sellers could afford a more relaxed attitude toward off-taker credit. But in the post-Covid, post-subsidy environment, certainty around credit is now key to ensuring that PPAs don’t end up costing more than the seller bargained for.

This month, Equinor has applied to the Brazilian Institute of Environment & Renewable Natural Resources for an environmental impact assessment that would pave the way for an up-to-4.7GW complex called Aracatu 1 & 2.

This is Masdar’s second US deal, and it has hinted at more to come. Financial firepower certainly wouldn’t be a problem: Masdar is part of Abu Dhabi state-owned sovereign wealth fund Mubadala, which has assets under management worth $229bn. But is this a one-off or the start of a broader trend?