* . *
  • About
  • Advertise
  • Privacy & Policy
  • Contact
Sunday, June 1, 2025
Earth-News
  • Home
  • Business
  • Entertainment
    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Mavs CEO holds firm on new arena, entertainment district in Dallas – Dallas News

    Mavs CEO Stands Strong on Vision for New Arena and Entertainment District in Dallas

    Entertainment: On Your Marks, Get Set, Beer Run! – Urban Milwaukee

    Get Ready to Race: The Ultimate Beer Run Experience Awaits!

    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

    HYBE Cashes In: Offloads Final Stake in K-Pop Rival SM Entertainment for $177 Million!

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report – Business Wire

    Allied Gaming & Entertainment Faces Nasdaq Notice Over Delayed Quarterly Report

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Drone technology demo in Cambria County showcases future of lifesaving medical deliveries – local21news.com

    Revolutionizing Healthcare: Drone Technology Takes Flight for Lifesaving Medical Deliveries in Cambria County

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Stop the Machines: The Rise of Anti-Technology Extremism – International Centre for Counter-Terrorism – ICCT

    Unplugged: The Surge of Anti-Technology Extremism

    Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

    Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

    i3D Robotics Unveils Breakthrough Glass Defect Detection Technology – USGlass Magazine

    Revolutionary Glass Defect Detection Technology Unveiled by i3D Robotics!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
  • Home
  • Business
  • Entertainment
    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

    Mavs CEO holds firm on new arena, entertainment district in Dallas – Dallas News

    Mavs CEO Stands Strong on Vision for New Arena and Entertainment District in Dallas

    Entertainment: On Your Marks, Get Set, Beer Run! – Urban Milwaukee

    Get Ready to Race: The Ultimate Beer Run Experience Awaits!

    Rachel Guttman Launches Entertainment Law Firm Gutt Law, PLLC [Exclusive] – MusicRow.com

    Rachel Guttman Unveils Exciting New Entertainment Law Firm: Gutt Law, PLLC!

    HYBE Cashes In: Offloads Final Stake in K-Pop Rival SM Entertainment for $177 Million!

    Allied Gaming & Entertainment Receives Expected Nasdaq Notice Regarding Delayed Quarterly Report – Business Wire

    Allied Gaming & Entertainment Faces Nasdaq Notice Over Delayed Quarterly Report

  • General
  • Health
  • News

    Cracking the Code: Why China’s Economic Challenges Aren’t Shaking Markets, Unlike America’s” – Bloomberg

    Trump’s Narrow Window to Spread the Truth About Harris

    Trump’s Narrow Window to Spread the Truth About Harris

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    Israel-Gaza war live updates: Hamas leader Ismail Haniyeh assassinated in Iran, group says

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    PAP Boss to Niger Delta Youths, Stay Away from the Protest

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Court Restricts Protests In Lagos To Freedom, Peace Park

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Fans React to Jazz Jennings’ Inspiring Weight Loss Journey

    Trending Tags

    • Trump Inauguration
    • United Stated
    • White House
    • Market Stories
    • Election Results
  • Science
  • Sports
  • Technology
    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

    Drone technology demo in Cambria County showcases future of lifesaving medical deliveries – local21news.com

    Revolutionizing Healthcare: Drone Technology Takes Flight for Lifesaving Medical Deliveries in Cambria County

    Revolutionary Harvesting Technology Promises to Slash CAR-T Manufacturing Costs!

    Stop the Machines: The Rise of Anti-Technology Extremism – International Centre for Counter-Terrorism – ICCT

    Unplugged: The Surge of Anti-Technology Extremism

    Finland to head EU’s quantum defense technology project – Latest news from Azerbaijan

    Finland Takes the Lead in Pioneering EU’s Quantum Defense Technology Initiative!

    i3D Robotics Unveils Breakthrough Glass Defect Detection Technology – USGlass Magazine

    Revolutionary Glass Defect Detection Technology Unveiled by i3D Robotics!

    Trending Tags

    • Nintendo Switch
    • CES 2017
    • Playstation 4 Pro
    • Mark Zuckerberg
No Result
View All Result
Earth-News
No Result
View All Result
Home Technology

Hong Kong’s PAG Closes on $550M for First-Ever Renewable Energy Fund

May 20, 2024
in Technology
Hong Kong’s PAG Closes on $550M for First-Ever Renewable Energy Fund
Share on FacebookShare on Twitter

A PAG solar facility in Japan’s Miyagi prefecture (Image: PAG Renewables)

PAG on Monday announced the closing of its maiden fund focused on renewable energy, with the Hong Kong-based private equity firm having won $550 million in committed capital for the new vehicle.

PAG REN I will focus on investing in physical renewable energy assets in Asia, with solar power generation in Japan as a primary target, the company said in a release. The news comes after PAG last year acquired a Japan solar energy business as the seed of a $1 billion pan-Asian investment in renewables.

The initial fund aims to support development, acquisition and operations of renewable energy assets to advance Asia’s clean energy transition while generating attractive risk-adjusted returns. Investors in PAG REN I include pension funds, sovereign wealth funds and funds of funds based in North America, Europe and the Middle East.

“We are grateful for the support that REN I has received from a diverse group of institutional investors,” said James Buford, president and CEO of PAG Renewables. “The strong response to this fund demonstrates investor confidence in the need and opportunity to enable the transition from fossil fuels to clean, domestically produced sources of energy generation in Asia.”

Big in Japan Solar

As part of a deal first announced last May, funds managed by PAG acquired a utility-scale solar project development platform in Japan with 293 megawatts of direct-current capacity from NASDAQ-listed photovoltaic producer First Solar.

PAG Renewables president and CEO James Buford

PAG had acquired two projects developed by First Solar in Japan with a combined 50MW of DC capacity in 2021, with the 2023 buy bringing the fund manager’s total acquisitions from First Solar to 343MW. In total, PAG now has one of Japan’s largest portfolios of solar farms, with more than 600MW of DC capacity.

Last July, the firm led by chairman and CEO Weijian Shan announced the formation of PAG Renewables, a new division dedicated to developing, building and investing in renewable energy in Asia.

PAG Renewables boss Buford had formerly served as executive officer of First Solar in Japan before joining the fund manager.

Solving Supply Woes

Asia Pacific will require more than $2 trillion worth of investment in renewable power generation and energy storage over the next decade, according to PAG.

Annual investment in renewables in Japan must increase by more than five times from 2023 to the remainder of the decade to hit government targets to roughly double renewable generation from 2020 levels on a path to net zero by 2050, the firm said.

“Demand from corporate customers in Japan who value protection from energy price volatility and clean energy attributes far outstrips current supply, and will drive the next phase of growth,” said Dimitrios Vavougyios, managing director and chief investment officer of PAG in Japan.

PAG has invested more than $30 billion in Japan, including $1.6 billion for renewables in the current portfolio.

>>> Read full article>>>
Copyright for syndicated content belongs to the linked Source : MingTiandi – https://www.mingtiandi.com/real-estate/finance/hong-kongs-pag-closes-first-ever-renewable-energy-fund/

Tags: closesKong’stechnology
Previous Post

APAC Real Estate Deals Fell 13% in Q1 Despite South Korean Surge, Says MSCI

Next Post

Rockefeller JV Selling Shanghai Bund Buildings to Tencent, Ant-Backed Insurer for $199M

Upgrades coming to ecological park in Sunbury – WNEP

Upgrades coming to ecological park in Sunbury – WNEP

June 1, 2025
This will ‘devastate scientific research’: 16 states sue the Trump administration over National Science Foundation directive – CNN

This will ‘devastate scientific research’: 16 states sue the Trump administration over National Science Foundation directive – CNN

June 1, 2025
Trump’s new ‘gold standard’ rule will destroy American science as we know it | Colette Delawalla – The Guardian

Trump’s Controversial ‘Gold Standard’ Rule: A Threat to the Future of American Science

June 1, 2025
The month of pride – financialexpress.com

Celebrating Pride: A Month of Love, Acceptance, and Empowerment

June 1, 2025
Elon Musk: Five ways world’s richest man changed the White House – BBC

Elon Musk’s Impact: Five Transformative Ways the World’s Richest Man Influenced the White House

June 1, 2025
Last Week at Economy Class and Beyond (31st May) – Economy Class & Beyond –

Last Week at Economy Class and Beyond (31st May) – Economy Class & Beyond –

June 1, 2025
Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

Jackie Chan Reveals This Family Member ‘Never Watched’ The Whole Of Any Of His Movies – Yahoo

June 1, 2025
Governor Newsom proclaims Mental Health Awareness Month – Governor of California (.gov)

Governor Newsom Declares May as Mental Health Awareness Month!

June 1, 2025
Sanders says Harris fell short with working class. He has a plan to fix that. – The Washington Post

Sanders says Harris fell short with working class. He has a plan to fix that. – The Washington Post

June 1, 2025
Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

Lafayette Regional Technology Council – Tech Leadership That’s Homegrown and Future-Focused – Discover Lafayette

June 1, 2025

Categories

Archives

June 2025
MTWTFSS
 1
2345678
9101112131415
16171819202122
23242526272829
30 
« May    
Earth-News.info

The Earth News is an independent English-language daily published Website from all around the World News

Browse by Category

  • Business (20,132)
  • Ecology (655)
  • Economy (670)
  • Entertainment (21,576)
  • General (15,254)
  • Health (9,712)
  • Lifestyle (672)
  • News (22,149)
  • People (671)
  • Politics (678)
  • Science (15,891)
  • Sports (21,174)
  • Technology (15,657)
  • World (658)

Recent News

Upgrades coming to ecological park in Sunbury – WNEP

Upgrades coming to ecological park in Sunbury – WNEP

June 1, 2025
This will ‘devastate scientific research’: 16 states sue the Trump administration over National Science Foundation directive – CNN

This will ‘devastate scientific research’: 16 states sue the Trump administration over National Science Foundation directive – CNN

June 1, 2025
  • About
  • Advertise
  • Privacy & Policy
  • Contact

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

No Result
View All Result

© 2023 earth-news.info

Go to mobile version