March
EON Joins With Denmark’s ARC to Bid for Carbon Capture Project
German utility company EON SE and Danish waste-to-energy plant ARC have entered into a partnership as part of an effort to secure project financing under Denmark’s $4.2 billion plan to develop carbon capture facilities.
BYD Sales Top Tesla as Tech Focus Wins Over Chinese Drivers
BYD Co.’s sales last year surpassed the $100 billion mark, leapfrogging Elon Musk’s Tesla Inc., as the Chinese auto giant wows consumers with a range of electric and hybrid cars packed with high-tech features.
Masdar to expand Endesa partnership in €368 million renewable energy deal
Abu Dhabi Future Energy Company PJSC (Masdar), the UAE’s clean energy leader, on Tuesday announced an agreement with Endesa S.A. to acquire a 49.99% stake in four solar plants in Spain, with a total capacity of 446 megawatts (MW). The transaction, which is subject to regulatory approvals and other conditions, would see Masdar invest €184 million for the stake in the assets, which have an enterprise value of €368 million.
