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Penso Power has actually signed a new arrangement with global maritime group BW Group that will see the build-out of the previous's UK battery storage pipeline totally funded.

A contracted 32MW solar-plus-storage project just north of Chad’s capital N'Djaména is one step closer to fruition after the African Development Bank (AfDB) provided it with an €18 million (US$19.6 million) loan with a partial risk guarantee.

AMEA Power secures financing for Egypt’s first 300-MWh utility battery in Aswan, set to enter service by July 2025 and bolster grid reliability.

Torrent Power has been granted a long-term PPA for 300 MW capability of solar energy generation, project to find up in Gujarat.

Bluefield Solar and Octopus Renewables Infrastructure Trust (ORIT) have detailed the continued influence of the high power prices seen across Europe in a lingering fad across the sector.

Asset supervisor Magnetar Capital introduced its procurement of global home as well as financial investment team Lendlease's renewable energy service unit. The obtained entity will operate under the new name "Vesper Energy". Since its start in 2015, Vesper Energy has actually advertised over 680 MW of utility-scale solar projects in the U.S

The Dubai Water and Electricity Authority will use energy from the gigawatt-scale Mohammed Bin Rashid Al Maktoum Solar Park to provide a new hydropower plant with pumped storage capacity. The state-owned utility has announced a number of innovations for the project in recent months, including plans for hydrogen and large-scale storage capacity.

SECI has actually released a tender for the appointing of 32 MW OB dump based solar PV nuclear power plant at various websites at SCCL, Telangana.

Two solar portfolios with a combined capability of 172 MWp developed by Malta-based GoldenPeaks Resources in Poland have gotten mezzanine funding from The Berenberg Environment-friendly Energy Junior Debt Fund III, the fund's advisor, German lender Berenberg Bank, said today.

US-based solar power project developer ReneSola Power Ltd claimed that it became part of an agreement to market 2 ground-mounted solar parks in Romania with a combined ability of 15.4 MW to pan-European independent power producer (IPP) Alternus Energy Group plc

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.

Altus Power said that the bargain is for around $293 million from funds managed by True Green Capital Management. The acquired portfolio, as soon as closed, will without delay include 207 MW of commercial-scale solar assets to Altus Power's operations and the staying 13 MW later on.

The State Bank of India (SBI) has actually partnered with Tata Power Solar Systems to develop a funding agency for commercial as well as property solar projects up to 1MW.

Aypa Power secures $398 million for a groundbreaking energy storage project in Arizona, boosting renewable energy and supporting local data centers. Exciting times ahead!

BlackRock has protected more than US$ 250 million for a finance automobile that will invest in renewables and power storage space projects in nations throughout Asia, Latin America and Africa.