Masdar Partners with Endesa in €1.7 Billion Renewable Energy Transaction in Spain

Masdar Partners with Endesa in €1.7 Billion Renewable Energy Transaction in Spain

– The transaction would see Masdar become a partner for 2.5 gigawatts (GW) of renewable energy assets in Spain, subject to regulatory approvals and other conditions
– Masdar will invest €817m to acquire a 49.99% stake in 2GW of solar energy plants, with a potential BESS hybridization for up to 0.5 GW
– Masdar has also signed an MoU with Endesa to explore an alliance aimed at jointly developing renewable energy projects in Spain
– One of Spain s biggest renewable energy transactions in re

Global Battery Alliance launches second wave of Battery Passport pilots

The pilots are the world s largest, pre-competitive effort by battery cell manufacturers to create comparable battery passports and represent a major milestone towards establishing a sustainable battery value chain by 2030

The Global Battery Alliance (GBA), the largest multistakeholder organization in the energy storage space, bringing together over 160 members across the battery value chain and the wider ecosystem, today launches the second wave of its Battery Passport pilots including 11 pilo

Energy Transitions Commission says countries can triple climate ambition by COP30

Energy Transitions Commission says countries can triple climate ambition by COP30

If governments reflect today s rapid technological progress and existing national, industry and COP28 commitments when setting new climate targets

In its latest briefing, Credible Contributions: Bolder Plans for Higher Climate Ambition in the Next Round of NDCs,the ETC calls for industry and government collaboration to raise the ambition of the next round of Nationally Determined Contributions (NDCs) by COP30. If we are to limit the impact of climate change, NDCs can and must reflect technical