Eversource Capital, a joint venture of Indian private equity firm Everstone Capital and the UK-based Lightsource BP, raised $741 million for its maiden climate-focused fund ..
EverSource Capital, a joint venture of Indian private equity firm Everstone Capital and UK-based Lightsource BP, has tapped a new limited partner (LP) for its ..
EVRAZ breaks ground on solar-powered rail mill
Construction is officially underway on new long-rail mill at Evraz Rocky Mountain Steel.
and last updated 2021-07-14 20:48:57-04
PUEBLO, Colorado â Construction is officially underway on the new long-rail mill at EVRAZ Rocky Mountain Steel in Pueblo. Company executives met with state and local leaders for a groundbreaking ceremony Wednesday morning.
Skip Herald, CEO of EVRAZ North America, told reporters the $500 million facility will keep his company competitive with foreign steelmakers. He explained that the new mill will produce rail segments in lengths that are currently only offered by steelmakers in Asian markets.
14 May 2021
Lightsource bp, the joint venture that carries much of the global oil giant’s rapidly expanding solar footprint, says it plans to create a 600MW solar hub in New South Wales that would be the biggest in the state and one of the biggest in the country.
Ligtsource bp announced on Thursday that it had received approval from the NSW department of planning for the 400MW (dc) Wellington North solar farm, which will be located next to the nearly complete 200MW Wellington solar farm.
The 50-50 joint venture between the UK-based Lightsource and bp, one of the world’s biggest oil companies, bought the Wellington North project from AGL last year, and is one of four solar projects that it intends to complete or develop in the next few years.
Large scale PV business grows bigger in Italy
Despite a difficult regulatory framework for utility scale solar, two new projects were announced in southern Italy this week. A 700 MW project is being planned by German companies Steag and KGAL and a 78 MW plant will be built by UK-based Lightsource BP. Both facilities will be located in Sicily.The construction of large scale PV plants in Italy has become more difficult in recent years due to a regulatory framework that makes it difficult to secure approvals from regional and national authorities. Despite these constraints, the Italian large scale PV segment has never come to a halt and several .