Hexagon Safety, Infrastructure & Geospatial’s Post

🌊 We’re thrilled to announce that August One has increased its investment in Gazelle Wind Power, joining Wah Kwong, Indigo, and other partners in supporting Gazelle’s mission to transform the floating offshore wind sector through this €11.4m investment. Established in 2020, Gazelle is leading the way in innovation with a unique floating platform that combines a revolutionary mooring system and substructure design, delivering unparalleled stability, sustainability, and efficiency. By reducing the Levelized Cost of Electricity (LCOE) through lower material costs and a modular design, Gazelle is making clean energy more scalable and accessible. The company’s 2MW Nau Azul Demonstrator Project in Portugal, supported by a new technical office in Viana do Castelo, highlights its commitment to pioneering next-generation energy solutions globally. As part of this investment, our Managing Partner, Mr. Sameer Narula, will join Gazelle’s board, bringing further strategic support to this exciting growth phase. This investment is backed by August One’s second fund, Atlântico II, launched in partnership with the Portuguese government. Excited to support Gazelle in powering a sustainable future! #RenewableEnergy #OffshoreWind #Innovation #SustainableEnergy #AugustOne #GazelleWindPower #GoldenVisa #EuropeanTigers #InvestInGood

If you're a #PrivateEquity or a #FamilyOffice investor... Imagine this... What if you could invest in a region with abundant resources, political stability, and a strong commitment to clean energy? #Paraguay, this hidden gem in #LATAM is emerging as a regional leader in renewable energy and sustainability. Now is the perfect time for international investors to explore opportunities in LATAM. Recently, Paraguay and Brazil reached a landmark agreement on Itaipu's dam energy tariff. This stable tariff is crucial for long-term planning in energy-intensive and #CleanTech sectors. From expanding infrastructure projects to the growing #Fintech and #AgriTech sectors, the region is ripe for development. Investors can tap into these sectors, leveraging the region’s natural advantages and economic momentum to achieve significant returns.

🇦🇿Enerji effektivliyi fondunun yaradılması 💡 Fond enerji resurslarından səmərəli istifadə və enerji effektivliyi üzrə tədbirlərin stimullaşdırılması və təşviqi məqsədilə yaradılır və onun vəsaitinin sərəncamçısı Enerji Məsələlərini Tənzimləmə Agentliyi qismində Azərbaycan Respublikasının Energetika Nazirliyidir. 🇬🇧Great news regarding the sustainable development strategy of Azerbaijan! An Energy Efficiency Fund has been established in the country. Under the decree, the 'Regulation on the formation and use of funds of the Energy Efficiency Fund' was approved. 💡 By providing a dedicated platform for financing energy-efficient and renewable projects, the fund aims to enhance overall energy efficiency across various sectors. Additionally, the Energy Efficiency Fund is expected to stimulate innovation and technological advancements in the realm of sustainable energy. This not only supports environmental conservation but also positions Azerbaijan as a proactive player in the global drive towards cleaner and greener practices. See: https://lnkd.in/gvnJbHHQ #energyefficiency #renewableenergy #sustainabledevelopment #efficiency

Last week Mikkel Kring and Philipp Köhler had the pleasure of attending the '2nd Net Zero Sourcing & Power Purchase Agreement' summit in Berlin. The conference provided a platform for deep discussions and key insights ♻🙌🏻   During the event, Mikkel took the stage to dive into three key topics that we are currently seeing across all our PPA negotiations: 🔸 The massive rise of negative prices in many European countries puts a lot of pressure on the evaluation of PPAs. Mikkel presented our solution to mitigate this effect for producers and consumers. 🔸 Offshore wind offers an attractive proposition for corporate PPA buyers, and ONE provided our insight from working on cPPAs for offshore wind across DK, DE, NL and UK. 🔸 Corporates with a fragmented load across Europe must choose between virtual x-border PPAs and physical, often multibuyer, PPAs. ONE is advocating for the benefits in local sourcing and are actively working to mature the multi-buyer PPA market.    At ONE it’s part of our DNA to design PPAs that deliver long-term value for both producers and consumers. As the energy market continues to evolve, we remain committed to providing flexible and innovative solutions that support sustainability and profitability for all stakeholders. We are currently looking for PPAs for an aggregate of 2.1 GW of on/offshore wind and PV across 14 different European markets.   A big thank you to the team of Future Bridge Events and all the participants and presenters for the insightful and engaging event. It was a true pleasure exchanging ideas with so many inspiring peers.   If you would like to discuss any of the topics mentioned above, feel free to reach out to both Mikkel and Philipp. #OurNewEnergy #NetZeroSourcingAndPowerPurchaseAgreements #Summit #PPA #FutureBridge #Berlin #Germany

#DYK - 5 CTI's Success Stories During the #DANIDA Business Sector Programme Support (BSPS) Phase IV, #CTI in collaboration with DI East Africa sensitized 264 industries on Energy Efficiency (EE), 43 companies conducted energy audits and 26 companies implemented the recommendations of energy audits in their operations. Mette Nørgaard Dissing-Spandet Klaus Lehn Christensen #CTI #VoiceOfIndustries #Tanzania #DI #Danida

Energy Paraíba

The European Investment Bank (EIB) has re-issued a tender, first launched in July 2024, for technical assistance in assessing the feasibility of offshore wind in #Essaouira, Western #Morocco. This tender is for a 24-month contract valued at EUR 2 million, aimed at providing support for the Moroccan Agency for Sustainable Energy (Masen) as it carries out studies to evaluate Morocco’s offshore wind potential. Recent studies have shown that Morocco’s Atlantic coast, where wind speeds are high and waters are shallow, is particularly suitable for fixed-bottom #offshore #wind development. MASEN plans to develop its first offshore wind farm off the coast of Essaouira. The contract will involve not only the feasibility study but also complementary studies and an environmental and social impact assessment. #greenenergy #renewableenergy

EnDev Sierra Leone (EnDev SL) proudly announces its decision to accept Result Based Financing (RBF) bids exclusively from members of the Renewable Energy Association of Sierra Leone (REASL). This decision reflects EnDev SL's commitment to strengthening the local renewable energy sector and promoting sustainable growth. By prioritizing REASL members, EnDev SL aims to empower local enterprises and support innovative energy solutions across the country, contributing to economic development and job creation. This initiative is supported by recent agreements with REASL, including a Memorandum of Agreement (MoA) and a private sector cooperation agreement, focusing on capacity building, knowledge exchange, and technology innovation. EnDev SL remains dedicated to driving growth, innovation, and sustainability in Sierra Leone's renewable energy sector, working closely with REASL and other stakeholders to advance a cleaner, greener future. The driving force behind Energising Development (EnDev) is the partnership of Germany, the Netherlands, Norway and Switzerland: donors who are committed to accelerating energy access. The Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH Gesellschaft für Internationale Zusammenarbeit (GIZ) and the Netherlands Enterprise Agency (RVO) | Partner in Sustainable Development coordinate the programme. #GIZinSierraLeone #SustainableDevelopment #EnDev #RenewableEnergy

Recently, the Ministry of Energy has announced the signing of 𝟮𝟭 𝗳𝘂𝗻𝗱𝗶𝗻𝗴 𝗰𝗼𝗻𝘁𝗿𝗮𝗰𝘁𝘀 as part of the Modernization Fund's Key Program 3, aimed at supporting the expansion and modernization of the electricity distribution network. As part of this initiative, CIGA Energy Advisory, in collaboration with RomCapital Invest, provided consulting services to 𝗮𝗹𝗹 𝘁𝗵𝗿𝗲𝗲 of Public Power Corporation (PPC S.A.) Romanian’s energy distribution subsidiaries (Reţele Electrice Muntenia, Banat and Dobrogea), helping them obtain approximately 𝟯𝟰𝟬 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗥𝗢𝗡 in non-reimbursable European funding covering 𝟰 𝗺𝗼𝗱𝗲𝗿𝗻𝗶𝘇𝗮𝘁𝗶𝗼𝗻 𝗽𝗿𝗼𝗷𝗲𝗰𝘁𝘀. Our responsibilities covered preparing the eligibility analysis, developing and submitting the financing documentation and offering assistance throughout the evaluation process. PPC is a leader in the energy sector in Southeastern Europe, with multiple business lines spanning the energy value chain. The company places sustainability at the center of its operations and strives to align to the 2050 climate neutrality targets, while also improving the energy sector in Southeastern Europe. In Romania, the distribution companies that have entered PPC's portfolio (Reţele Electrice Muntenia, Banat and Dobrogea) serve more than 𝟯 𝗺𝗶𝗹𝗹𝗶𝗼𝗻 𝗰𝘂𝘀𝘁𝗼𝗺𝗲𝗿𝘀 through their distribution network. Read more about Rețele Electrice S.A. here: https://lnkd.in/dbkKGpNd. #RCIHolding #PPC #ReteleElectrice #Ciga #RomCapitalInvest #CigaEnergy

Always supporting Greece’s energy transition and decarbonisation efforts, we entered a financing agreement with ENIPEAS S.A., a subsidiary of Lightsource bp, for the development of one of the largest solar projects in Europe, with a nominal capacity of 560MWp, in the regions of Larissa and Fthiotida. The €395.16 million investment falls under the Green Transition pillar of the Recovery and Resilience Facility (RRF). The total financing amounts to €315.15 million, with Eurobank extending a loan of €145.34 million and the remaining funds provided by the RRF.  We remain dedicated to supporting milestone RES projects, that promote sustainability and innovation. We would like to thank our advisors for their continuous support and contribution: Watson Farley & Williams, TÜV HELLAS (TÜV NORD), Howden Hellas SA and Baringa. Learn more: https://lnkd.in/gTGpWCvc Photo (from left to right):   Konstantinos Vassiliou, Deputy CEO of Eurobank and Head of Corporate & Investment Banking Natalia Paraskevopoulou, Lightsource bp Country Head for Greece Nick Boyle, Group Co-CEO at Lightsource bp The Governor of the Recovery and Resilience Facility Agency, Orestis Kavalakis #Eurobank #SolarEnergyProject #Sustainability #RES #EnergyTransition