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Mozambique: Globeleq Invests in Solar, EDM Retains Stake
Globeleq acquires majority stake in Mozambique's Mocuba solar PV power farm, part of a 400MW African portfolio. Temane gas-to-power & Namaacha wind projects to reach financial close & commercial operations in 2024.
Dec 28, 2023 // Plants, Africa, Mozambique, PV Power Plant, Globeleq
Report: the commercial opportunity for off-grid solar power in Africa is $24 billion per year
On a continent where 600 million people have no access to electricity, “The combination of solar and fintech is driving an economic transformation.”
Jan 22, 2020 // Commercial, Rooftop PV, Market Research, Africa, PEG Africa, Nigeria, shell, Kleos Advisor, PayGo
South Sinai Governor opens solar energy station
South Sinai Governor Khaled Fouda, Chairman of the Canal Company for Electricity Distribution Mohammed al-Sayed, and the French Electricity Company Schneider Electric cooperatively opened on Sunday a solar energy station in Abou Gharaged village of the city of Abou Redis in South Sinai. The station will provide all-day electricity to the village’s residents.
Oct 21, 2019 // Plants, Large-Scale, Commercial, Transport, Jinko Solar, Schneider Electric, Sinai, Khaled Fouda, INTRO Solar, Sherif Abdel Fattah
Amp Powers Up 150MW South Australia Battery
Amp Energy's groundbreaking agreement with ElectraNet for a 150-MW/300-MWh BESS in South Australia marks the start of the Renewable Energy Hub of South Australia with 636-MW Robertstown, 336-MW Bungama, and 388-MW Yoorndoo Ilga Solar PV projects, 540 MW of batteries, a hydrogen production facility, and an aboriginal cultural heritage agreement. Total project cost AUD-2 billion.
Sep 6, 2023 // Storage, South Australia, AMP Energy
41 MW Floating Solar Plant Completed in South Korea
South Korea has actually begun making rather proceed on the renewable energy front
The country, with a crucial duty in international supply chains and also development, will certainly hope to order the possibilities and overachieve on its conventional targets also.
Nov 26, 2021 // Plants, Floating PV, South Korea, floating PV, Asia, Hanwha Q Cells, net-zero, Scotra, Hapcheon Dam
South Australia thumbs-ups 225MW battery
Construction of Maoneng's Gould Creek project anticipated to start late next year
Nov 1, 2021 // Storage, Australia, Oceania, Morris Zhou, Stephen Patterson
Ascend Elements, EcoPro Group Collaborate for Supply of Recycled Battery Materials
Ascend Elements will supply recycled battery products to EcoPro, which will transform the product right into battery-ready, high-performance CAM for its battery producing customers.
Ascend Elements claims that it can recoup approximately 98% of critical battery elements with lower carbon exhausts contrasted to typical cathode production approaches.
Oct 14, 2022 // Storage, Lithium-ion batteries, EV Battery, Michael O'Kronley, Ascend Elements, cathode active material, cathode products, EcoPro Group, North America EV market, recycled battery, Sangwook Park, SK Battery America
ENGIE includes departments in a new MESCATA business
French international electrical energy company ENGIE has announced that as of 1 January 2021, it has actually merged its Africa portfolio with the MESCAT department (the Middle East, South and Central Asia, and Turkey), creating the enlarged service unit ENGIE MESCATA, headquartered in Dubai, UAE.
Feb 3, 2021 // Markets & Finance News, Engie, Asia, UAE, MESCAT, Sébastien Arbola
S Africa clinches 975 MW of solar PPAs, unveils preferred bidders in sixth tender
South Africa has authorized power purchase agreements (PPAs) for 975 MW of renewable energy projects and awarded preferred bidder condition on an additional 860 MW of propositions under its Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
Dec 12, 2022 // Markets & Finance News, PPA, S Africa
IBC SOLAR connects 96 MWp of Hungarian solar for MET Group
German specialist IBC SOLAR Energy has settled two solar power projects with an integrated capacity of 96 MWp in Hungary and connected the plants to the grid, the company stated on Thursday.
Feb 10, 2023 // Plants, Hungary, Europe, IBC Solar, PV Power Plant, MET Group
Dominion acquires 72-MW South Carolina solar project from First Solar
Dominion Energy has acquired a 72-MW solar project still under construction in Beaufort county, South Carolina, from First Solar.
Oct 26, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, First Solar, Dominion Energy, North America, South Carolina, Carolina, Keller Kissam
Aquila Capital forms South Korean JV
Partnership with TopInfra to develop and create wind and solar projects in the country
Apr 6, 2022 // Markets & Finance News, South Korea, Asia, Aquila Capital, Alexander Lenz, Tristan Jung
Actis Buys 400MW Solar Assets Of Kolkata-Based Atha Group
The equity value had actually been pegged at $100 million under the deal.
Blupine Power Pvt. Ltd-- the power platform of Actis-- will get the possession of the solar energy assets from Atha.
Aug 10, 2022 // Markets & Finance News, clean energy, Actis LLP, Atha Group, Avendus Capital, Blupine Power Pvt. Ltd, Kotak Funding Banking
Spark Renewables proposes 2.5-GW hub in New South Wales
Spark Renewables today unveiled a proposition to establish a renewable energy generation and storage space center in New South Wales (NSW) for approximately 2.5 GW of overall capability.
Jul 15, 2021 // Plants, new south wales, Spark Renewables, Anthony Marriner
RBH invests $20m in DPA to give solar energy
Royal Bafokeng Holdings (RBH), an African community investment company is considering making a US$ 20 million equity financial investment in DPA Africa Asset-Co. The firm, set up by Distributed Power Africa (DPA), will certainly offer 175 MW of solar energy in some of its markets in Africa over the following four years.
Nov 3, 2020 // Markets & Finance News, Africa, Royal Bafokeng Holdings
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