Scatec, Norfund offload passion in 258-MW solar park in S Africa
Norway's Scatec ASA (OSL: SSO) and Norfund are marketing a combined 50% stake in the 258-MW Upington solar park in South Africa to a fund managed by STANLIB Asset Management Pty Ltd
Feb 2, 2023 // Plants, Large-Scale, Commercial, Scatec, Solar Park, norfund, S Africa
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
Norwegian Fund To Spend $62 Million In SAEL To Help Develop 3GW Renewables
The objective is to support the firm's ambition to grow its portfolio to 3GW over the next 5 years by including 100MW of new biomass and 400MW of new solar capacity yearly. The financial investment will add to staying clear of more than 2.8 million lots of CO2 emissions.
Jan 27, 2023 // Markets & Finance News, Renewable Energy, norfund, Hans Jacob Frydenlund, Mark Davis, Norwegian Climate Investment Fund, SAEL, stubble burning, Sukhbir Agro Energy Limited
ReNew Power Finalises Solar Cell Units In Rajasthan & Gujarat
Gujarat will see the establishing of a solar cell as well as module manufacturing center. The Gujarat unit will take pride in an annual capacity of 2 GW. In Rajasthan, the facility for the manufacture of solar modules will certainly have an annual capacity worth 4 GW.
Jan 16, 2023 // Manufacturing News, IPP, solar cells, solar modules, ReNew Power, Sumant Sinha, norfund, KLP, WTGs
Norfund, KLP purchase 420MW solar project in India
Norwegian investment fund Norfund and Norwegian pension firm KLP have actually accepted take a 49% stake in a 420MW solar PV plant in India established by Enel.
Aug 25, 2022 // Markets & Finance News, India, Asia, Solar Project, norfund, KLP
Norfund, CDC spend US$ 39m in 2.4 GW of South African renewables
Norway's Norfund and UK growth finance organization CDC have actually collaborated to money 2.4 GW of eco-friendly deployment in South Africa via a ZAR600 million (US$ 39 million) investment in renewables business H1 Capital.
Mar 8, 2022 // Markets & Finance News, Africa, South Africa, norfund, cdc, H1 Capital, just energy transition
Scatec Solar to get hydropower developer, proclaims floating solar possibility
Scatec Solar has actually struck a US$ 1.1 billion bargain to obtain leading hydropower developer SN Power, proclaiming the capacity for floating solar on hydro storage tanks.
Oct 16, 2020 // Markets & Finance News, Floating PV, Scatec Solar, floating PV, m&a, sn power, norfund, utility-scale solar,, hydro power,