Repsol Acquires RE Financial Investment Platform Asterion Energies to Add 7.7 GW Of Renewables Portfolio
The purchase is for EUR 560 million plus approximately EUR 20 million in contingent payments. Repsol thinks that the transaction will certainly aid it to become a global player in renewable energy and reinforces its placement in key markets within Europe.
Dec 20, 2022 // Markets & Finance News, Europe, repsol, Renewable Energy, green energy, Josu Jon Imaz, Asterion Energies, Asterion Industrial, Jesus Olmos
Thailand's Largest Cement Manufacturer Siam Cement Grp Plans $3 Bn Investment in Renewables
SCG has actually specified in its financial investment intends that it will be spending 100 billion baht or $2.89 billion until 2027 end in venues like renewable energy. Siam wishes to produce 3,000 MW of solar power by 2027 which is 15 times greater than the present capacity.
Dec 16, 2022 // Markets & Finance News, Lithium-ion batteries, SCG, Thailand, Asia, Renewable Energy, circular business model, Nomura Research Institute, Rondo’s Heat Battery, SCG investment plan, Siam Cement Group
EIP Raises EUR 1 Billion For Energy Transition Projects In Rich World
The financiers will currently purchase two key portfolios EIP has lately finished. EIP wishes to raise EUR 4 billion by the final close that has actually been planned for completion of 2024.
Dec 14, 2022 // Markets & Finance News, Repsol Renovables, energy transition, Renewable Energy, EIP, Beat Goetz, Boralex Inc, Crédit Agricole Assurances, Credit Suisse Investment Foundation, Energy Infrastructure Partners, Swiss pension funds
'Locational pricing can enable net zero GB grid'
New research shows price signals can be presented that support investments in renewable generation and flexibility
Dec 13, 2022 // Markets & Finance News, Storage, Grids, Market Research, ENERGY STORAGE, UK, Europe, grid, Renewable Energy, England, BEIS, SCOTLAND, Wales, ENERGY SYSTEMS CATAPULT
Korkia & Solmar Consulting Join Hands to Set up 1 GW Solar Projects in Finland
The two companies are currently coordinating for the development of multiple solar parks, which remain in the works presently.
Dec 12, 2022 // Plants, Large-Scale, Commercial, Renewable Energy, solar parks, korkia, Solmar Consulting
Saudi Arabia Announces 10 New Renewable Energy Projects
The complete capacity of power generation of the announced renewable energy projects will be 7 GW. The new renewable energy projects become part of the strategy to understand the Kingdom's 2030 Vision.
Dec 12, 2022 // Plants, Saudi Arabia, Asia, green electricity, Renewable Energy, Kingdom of Saudi Arabia, Middle East renewable energy, West Asia renewables
Bp Takes Control Of AREH-- Australia's Largest Renewables Project
AREH is expected to have a complete generation capacity of 26 GW. It has the possible to abate about 17 million tonnes of carbon dioxide that would certainly otherwise be generated in the residential and also as well as export markets each year.
Dec 9, 2022 // Plants, green hydrogen, bp, Renewable Energy, asian renewable energy hub, green ammonia, AREH, Lucy Nation, Nyangumarta, Onshore Wind Energy
Germany's ib vogt Begins Construction on Spain Project, Signs PPA with Google
ib vogt has begun construction on 149 MWp solar PV project in Spain. The project authorized a 12 year power purchase agreement (PPA) with Google. The EUR 118 million solar power plant is anticipated to reach commercial operation (COD) by October 2023.
Nov 25, 2022 // Plants, Large-Scale, Commercial, ib vogt, Google, energy transition, Renewable Energy, renewable electricity targets
EIB, AllianzGI Announce $100 Mn for Renewable Projects at COP27
EMCAF will certainly spend $25 million into Alcazar Energy Partners II which is a fund giving early-stage equity financing to create, construct and also operate renewable energy projects between East, North Africa, Eastern Europe as well as Central Asia. Alcazar Energy Partners II has a target size of $500 million as well as will certainly purchase onshore wind, solar photovoltaic or pv to name a few.
Nov 17, 2022 // Markets & Finance News, european investment bank, Renewable Energy, Alcazar Energy Partners II, Ambroise Fayolle, Daniel Calderon, EIB Global, EMCAF, Emerging Market Climate Action Fund, Tobias Pross
EBRD Raises Stake in Infinity- Egypt's Largest RE Provider
EBRD accepts US$ 41.5 million commitment in Egypt's Infinity Financial investment to finance the growth of renewable resource projects in the area
Nov 17, 2022 // Markets & Finance News, EBRD, Renewable Energy, european bank for reconstruction and development, Nandita Parshad, Egyptian government, Infinity, Lekela Power, Mohamed Ismail Mansour
Global Operations of Solar Leader JinkoSolar Powered 50% By Renewables
JinkoSolar's following objective is to reach 60 percent by the end of 2023. In June, JinkoSolar introduced that its Malaysia manufacturing facility had actually become its initial overseas "RE100 factory" completely powered by renewables.
Nov 14, 2022 // Manufacturing News, Markets & Finance News, Solar Energy, JinkoSolar, Dany Qian, hydropower, Renewable Energy, Wind Energy, Jinko factories, JinkoSolar Holding Co., JinkoSolar Malaysia factory
SJVN Secures 83 MW Floating Solar Project in Madhya Pradesh
State-run SJVN Ltd introduced that it has been granted a contract worth Rs 585 crore to construct, very own, and manage an 83 MW floating solar plant in Madhya Pradesh. According to a release by REWA Ultra Mega Solar Ltd. (RUMSL), the project has been secured at a tariff of Rs 3.70 per unit on a develop, own, and operate basis.
Nov 11, 2022 // Plants, Large-Scale, Commercial, Floating PV, India, tender, Asia, Renewable Energy, Madhya Pradesh, green energy, SJVN, floating solar project, PUNJAB, Secures For 83 MW, SJVN Green Energy
ReNew Power Gets Green Project Finance of Rs 800 Cr from Bank of America
ReNew Power has actually obtained a loan from Bank of America completing approximately Rs 800 crore, the lender's initial local project financing arrangement in the renewable energy market after a protracted absence.
Nov 9, 2022 // Markets & Finance News, clean energy, finance, ReNew Power, Renewable Energy, bank of america, green energy, first local project financing agreement, Renew Energy Global Plc, Renewable energy industry
ACWA Power, EBRD sign deal for Renewable resource Infra Projects
Both organisations will certainly cooperate over the following 5 years as well as will certainly concentrate on project development in renewable energy, green hydrogen and green desalination across nations. The nations of focus consist of Uzbekistan, Azerbaijan and also Egypt, with the objective of supporting sustainable power transition there.
Nov 1, 2022 // Markets & Finance News, Saudi Arabia, EBRD, Asia, green hydrogen, energy transition, Paddy Padmanathan, acwa, Renewable Energy, european bank for reconstruction and development, ACWA Power Company, Future Investment Initiative Forum, green desalination, Nandita Parshad
Jammu Gets 1.5 MW Solar Power Plant From Vibgyor Energy
An up and down integrated company, Vibgyor Energy looks for to offer services to the institutional, industrial, and commercial fields. Through its various solar solutions, Vibgyor Energy looks for to assist Power consumers in decreasing the climbing prices of grid power.
Nov 1, 2022 // Markets & Finance News, India, Asia, Renewable Energy, Solar Power Plant, solar projects, Waaree Energies, Vibgyor Energy, SIDCO industrial complex
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