18/07/2019at 08:38

German clean-energy fund expanding into US solar development

Germany-based clean-energy fund Hep Kapitalverwaltung AG agreed to invest USD 50 million to USD 80 million annually in a partnership to develop small solar projects in the US

Photo: Amit Dave / Reuters / Ritzau Scanpix

BY BLOOMBERG NEWS, BRIAN ECKHOUSE

Germany-based clean-energy fund Hep Kapitalverwaltung AG agreed to invest USD 50 million to USD 80 million annually in a partnership to develop small solar projects in the US.

Already a subscriber?Log in here

Read the whole article

Get access for 14 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

Access all locked articles
Receive our daily newsletters
Access our app

Get full access for you and your coworkers

Start a free company trial today

Italian firm to develop floating offshore wind project
For subscribers
Solar firm continues fight in Italian fraud case
For subscribers
GE lands contract for Turkish wind projects
For subscribers

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

Front page now

The wind industry is the largest market for lubricant pump supplier Hove . | Foto: Jens Dresling

Renewables

Hove made significant headway in 2022 despite mounting challenges

The Danish lubricant pump supplier exits a turbulent 2022 with the best result in years. The future has more new industries in store along with an increased focus on current subsidiaries.

For subscribers

(Alexander Kara, NKT CEO.) If and when the offshore wind farm becomes operational, the combined capacity of Hornsea 1, 2 and 3 will exceed 5GW | Foto: Nkt

Renewables

NKT wins major contract for Hornsea 3

For subscribers

Recent years have mauled global turbine industry, and German Nordex also notes growing deficits. | Foto: Nordex

Renewables

Nordex deficit doubles in 2022

For subscribers

Having already gotten a foothold in Taiwanese market, Ørsted is also behind Greater Changhua 1 and 2a. | Foto: Ørsted

Renewables

Ørsted gears up to build Greater Changhua 2b and 4

For subscribers

The contracts are the first deals signed after the lifting og foregin ownership restrictions on renewable energy development in the country. | Foto: Finn Frandsen

Renewables

CIP awarded 2GW deal in the Philippines

For subscribers

Renewables

Vestas analyst notes marked improvements in order intake

For subscribers

Nordex deficit doubles in 2022

The German wind turbine maker is no stranger to the deluge of challenges that has flooded the market these past few years and that is taking its toll on several competitors.

For subscribers

Renewables

Siemens Gamesa gets GBP 1.3bn turbine deal

Iberdrola’s UK company signs its ”highest value” wind turbine deal ever on project stemming from latest UK tender.

For subscribers

Renewables

Nordex outperformed by rivals Siemens Gamesa and Vestas

As opposed to competitors, net revenue actually goes up for the German manufacturer, following last year’s admission of selling wind turbines at a loss. Operating earnings take a major impairment.