Sign in Subscribe

Camelia Mangîr

General Atlantic to Acquire Actis, Securing 2.1 GW Solar and Wind Projects in Romania and Bulgaria

General Atlantic to Acquire Actis, Securing 2.1 GW Solar and Wind Projects in Romania and Bulgaria

General Atlantic, a private equity firm, is advancing with its acquisition of sustainable infrastructure investment firm Actis, gaining control over three major solar and wind power projects in Romania totaling 2.1 GW, along with an additional project in Bulgaria. Actis-backed renewables developer Rezolv Energy, headquartered in Prague, is behind

Enlight Renewable Energy Launches 60-MW Solar Plant in Hungary

Enlight Renewable Energy Launches 60-MW Solar Plant in Hungary

Israel’s Enlight Renewable Energy Ltd (TLV) has commenced commercial operations at its 60-MW solar photovoltaic (PV) plant in Hungary, marking the company’s fifth project in the country. The Tapolca plant, located in the Veszprem region near the municipality of Tapolca, began selling electricity on July 31, ahead of

Turkish Steelmakers to Build Solar Power Plants, Gain Carbon Tax Exemption

Turkish Steelmakers to Build Solar Power Plants, Gain Carbon Tax Exemption

Tosyalı Demir Çelik and Yazıcı Demir Çelik, two leading Turkish steelmakers, are set to build solar power plants to meet their entire electricity needs, positioning themselves advantageously in shipping products to Western markets. By investing in renewable energy, the companies will be exempt from the European Union's Carbon

Volvo Car Türkiye Shifts Focus to Electric Models, Phases Out China-Made Sedans Amid New Tariffs

Volvo Car Türkiye Shifts Focus to Electric Models, Phases Out China-Made Sedans Amid New Tariffs

Volvo Car Türkiye is set to make a significant strategic shift in 2024 by halting the import and sale of its sedan models produced in China. This decision is in response to newly imposed customs tariffs that levy a 40% additional duty on all vehicles imported from China, regardless of

Ganfeng to Invest $500 Million in Turkish Lithium Battery Project

Ganfeng to Invest $500 Million in Turkish Lithium Battery Project

Ganfeng, a leading global supplier of lithium metal, is establishing a joint venture in Turkey with an investment plan of approximately $500 million for a lithium battery project. The Chinese company's subsidiary, Ganfeng LiEnergy, has signed an agreement with Turkish firm Yigit Aku Malzemeleri Nakliyat Turizm Insaat Sanayi

Turkey's Ankara Solar Launches Walkable PV Flooring for Global Markets

Turkey's Ankara Solar Launches Walkable PV Flooring for Global Markets

Ankara Solar Energy, a Turkish module manufacturer, has introduced its PV Floor brand, featuring walkable solar panels designed for residential and commercial use. The PV Floor products, available in 30 W (PVF-08-30W) and 120 W (PVF-32-120W) models, are equipped with anti-slip glass and are now being marketed in Europe and

Clifford Chance Assists Erste Group Bank AG and BCR in €214M Wind Project Financing

Clifford Chance Assists Erste Group Bank AG and BCR in €214M Wind Project Financing

A multi-jurisdictional team from Clifford Chance has advised Erste Group Bank AG and BCR on the €214 million financing for the development of a 99.2 MW onshore wind project acquired by Nala Renewables from OX2. The deal includes a 12-year Power Purchase Agreement (PPA) with a multinational corporation. The