Stake

China's Silk Road Fund Takes 24 Percent Stake in Concentrating Solar Power Plant
hina’s Silk Road Fund will acquire a 24.01 percent interest in the world’s largest single-site solar thermal plant, which is being built in the United Arab Emirates. The 700-megawatt project will be developed along with Dubai Electricity & Water Authority and Saudi Arabia’s ACWA Power Barka SAOG, ACWA said in a statement on Sunday. The plant will combine a central tower and parabolic trough technology to harvest energy from the sun, store it in molten salt and produce steam to generat [...]
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Inside Renewable Energy: Taking a Stake in Energy Storage — What to Expect from Today’s Business Strategies
In this episode, Ron DiFelice of Energy Intelligence Partners puts the challenges and opportunities of entering the energy storage market into perspective for businesses interested in everything from energy markets to big solar plus storage pairings. [...]
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Shell Bolsters Renewables Bet With Stake in US Solar Company
Royal Dutch Shell Plc is investing in a U.S. solar energy developer, continuing its recent expansion into the electricity business. The Anglo-Dutch oil and gas producer will acquire a 44 percent stake in Nashville’s Silicon Ranch Corp., which owns and operates about 100 solar facilities across the U.S.  [...]
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