Electriq Power Secures $300 Million for Solar+ Storage Financing
The funding will certainly support the implementation of Sustainable Community Networks (SCNs) throughout California. The funds realization will be based on expected sales volumes, system size as well as rates.
Mar 17, 2023 // Markets & Finance News, clean energy, ENERGY STORAGE, green energy, Electriq Power, Inflation Reduction Act, IRA, Frank Magnotti, SCNs in California, Silicon Valley renewable energy, Sustainable Community Networks, USA renewable sector
Amazon to Resource Green Electricity from Japanese Company Itochu
Clean Energy Connect (CEC), which is also a part of the Itochu group, has inked a business power purchase agreement (cPPA) to offer renewable resource to Amazon for twenty years. Amazon will certainly get green power at a set price.
Feb 15, 2023 // Markets & Finance News, Japan, Amazon, Asia, Itochu, CEC, green energy, meta, Clean Energy Connect, corporate power purchase agreement, CPPA, data centers, decarboniing data centers, small solar power projects
ACME, Norfund Alliance for Renewable Energy In India
ACME and Norfund will certainly eye investments in 'potential renewable energy' projects in the country to ensure ecologically sustainable development in India. Norfund has already committed to purchase some crucial projects in India.
Jan 27, 2023 // Markets & Finance News, ReNew Power, energy transition, acme, green energy, norfund, carbon emission, KLP, Mark Davis, Norwegian Climate Investment Fund, Manoj Upadhyay, NCIF
Rays Power Infra Commissions its Largest Solar Project in Bangladesh at 275 MW
Rays Power Infra, the Jaipur-headquartered solar EPC Company has actually commissioned a 275 MW (DC) solar plant in Sundarganj, Gaibandha in Bangladesh. Comprising over 500,000 solar PV modules, the project was commissioned within 14 months. The project will certainly create native experience in Bangladesh for the building of large solar projects as well as producing work for nearby villages. The firm engaged 2000 manpower each day to achieve the set targets.
Jan 17, 2023 // Plants, Large-Scale, Commercial, green energy, EPC firm, Pawan Sharma, Rays Power Infra, carbon footprint, grid-connected solar power plant, Ketan Mehta
Kenya's State-Owned Utility Ken-Gen to Add 3000 MW RE to National Grid in Decade
Presently, KenGen has an installed capacity of 1,904 MW. It will explore tapping one more 10,000 MW of clean energy.
Jan 6, 2023 // Grids, National Grid, green energy, energy mix, installed capacity, Abraham Serem, KenGen
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
Germany Offers EUR 112 Mn Euros to Kenya for Renewables, Hydrogen
EUR 51 million will certainly be offered by Germany to Kenya for the development of new power framework and production of hydrogen. EUR 30 million will certainly be used for the training programs.
Dec 13, 2022 // Markets & Finance News, clean energy, Kenya, Africa, green hydrogen, green energy, Africa renewable energy industy, German loan to Kenya
Glass Manufacturer Saint Gobain Strikes RE Offer For Operations in Spain
The 11-year agreement will start in 2024 and will certainly cover around 55 percent of power requirements of Saint-Gobain in Spain. Saint-Gobain also mentioned that this agreement will make it possible for a decrease in CO2 emissions of roughly 39,000 tons each year.
Nov 29, 2022 // Markets & Finance News, clean energy, Endesa, Renewable Electricity, green energy, carbon neutrality, Saint-Gobain, Spain PPA
Campeche is Home to Mexico's 2nd Largest Solar energy Plant
In Campeche, a new solar park has actually begun generating enough electricity to supply more than 300,000 homes with electricity annually. The $440 million La Pimienta facility, developed by American company Atlas Renewable Energy in the community of Carmen in the southwest, was officially ushered in recently.
Nov 23, 2022 // Plants, Large-Scale, Commercial, Mexico, Atlas Renewable Energy, North America, Solar Park, Societe Generale, green energy, Campeche, La Pimienta, Yucatán Peninsula
ReNew Power & Egyptian Govt Sign Framework Agreement for Green Hydrogen Plant
Renewable energy corporation, ReNew Power and also the Egyptian federal government have actually authorized a framework agreement for the building of an $8 billion green hydrogen plant in the Suez Canal Economic Zone.
Nov 16, 2022 // Solar to Fuel, clean energy, ReNew Power, MoU, green energy, Memorandum of Understanding, green hydrogen plant, first local project financing agreement, Renew Energy Global Plc
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
SJVN Green Energy Floats Tender For 15 MW Floating Solar Plant in Himachal Pradesh
Satluj Jal Vidyut Nigam (SJVN) Green Energy has actually floated a tender for the supply of a 15 MW of floating solar PV nuclear power plant at Nangal Pond in Bilaspur Himachal Pradesh. The last day for submitting the bid for this 15 MW tender is November 22, 2022, at 01:00 pm, as well as the bids will be opened on the same day at 02:00 pm.
Nov 2, 2022 // Plants, Large-Scale, Commercial, Floating PV, clean energy, India, tender, Asia, Himachal Pradesh, green energy, SJVN, PUNJAB, Nangal Pond in Bilaspur
Qatar Inaugurates 800 MW Solar Plant to Supply Green Power to World Cup
The solar power project has actually been functional because June and also it has a green energy generation capacity of 800 MW. It will certainly assist supply Qatar's 10 per cent of power needs and avoid 26 million tons of co2 exhaust.
Oct 19, 2022 // Plants, Large-Scale, Commercial, Marubeni, PV Power Plant, green energy, TotalEnergies, qatarenergy, Al-Kharsaah Solar Project, Amir Sheikh Tamim bin Hamad Al Thani, Energy Minister of Qatar, football World Cup, Saad Sherida al-Kaabi
OMV Petrom, CE Oltenia Partner for 450 MW Solar Project in Romania
State-owned utility Complexul Energetic Oltenia (CE Oltenia) as well as the Romanian oil company OMV Petrom will build 450 MW solar parks in the country. According to OMV Petrom, a total amount of over EUR400 million (US$ 390 million) will be spent on the installation of four solar parks will virtually triple the mounted solar capacity in Romania. In December 2021, CE Oltenia chose the organisation to serve as the project's investor. The state-owned utility Complexul Energetic Oltenia (CE Oltenia) and the Romanian oil company OMV Petrom will certainly construct 450 MW of solar PV in the nation.
Oct 4, 2022 // Plants, Large-Scale, Commercial, clean energy, Europe, Romania, International, Complexul Energetic Oltenia, solar projects, OMV Petrom, green energy, CE Oltenia, four solar parks, Romanian oil corporation
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