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Monte Plata Solar: Caribbean-Based MPC Reaches Fin Close
MPC Caribbean Clean Energy Fund secures financing for phase II of its Monte Plata solar farm in the Dominican Republic. Expansion to 75.6 MWp capacity with PPA monetisation expected to be operational in 2024. German asset and investment manager MPC Capital AG leads the project.
Dec 27, 2023 // Plants, Large-Scale, Commercial, PV Power Plant, MPC Caribbean Clean Energy Fund
New South Wales receives 40GW of applications for brand-new renewable energy zone, representing a US$ 72bn investment
The Australian state of New South Wales (NSW) has received applications for nearly 40GW of renewable generation and also storage space projects for its scheduled Hunter-Central Coast Renewable Energy Zone (REZ) amid huge passion in clean energy sources in the state.
Feb 16, 2022 // Markets & Finance News, Australia, tender, Oceania, new south wales, nsw, rez, renewable energy zone
South African steel giant looks for companion for 110MW of PV
South Africa-based steel producer ArcelorMittal SA (AMSA) is inviting propositions from independent power producers (IPPs) to develop 2 utility-scale solar projects as it seeks to decrease its energy costs.
Jul 3, 2020 // Plants, Large-Scale, Commercial, IPP, PPA, Africa, South Africa, rfi, arcelormittal
Eskom to collectively establish solar projects at South African coal mines
South African utility Eskom has actually authorized a Memorandum of Understanding (MOU) with mining business Exxaro as well as Seriti Resources to help decarbonise their procedures by releasing solar PV.
Oct 25, 2021 // Plants, Africa, eskom, South Africa, mining, coal mining
Globeleq wraps up USD-65m refinancing for S African solar park
Africa-focused independent power producer (IPP) Globeleq said today it has finalised a senior debt restructuring deal for its majority-owned 31-MW Soutpan solar park in South Africa's Limpopo Province.
Jan 23, 2023 // Markets & Finance News, Solar Park, Globeleq, S African
Mali spares solar from VAT, import responsibilities
The step stands for a progression in the application of the National Action Plan for Renewable Energy (Paner), whereby the West African country intends to mount 1.42 GW of renewable resource by 2030.
Apr 7, 2020 // Manufacturing News, Markets & Finance News, Inverters, Africa, Mali, tax
Angola eyeing 600MW solar market within three years
Angola is expecting to kickstart its dormant solar sector by deploying several hundred megawatts worth of projects within three years, a top government official has said.
Sep 11, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Grids, Africa, subsaharan africa, Angola, luanda, policy, bsw, Baptista Borges, Intersolar
Ncondezi Energy explores prospective for 300MW solar-storage hybrid in Mozambique
African power business Ncondezi Energy has actually launched an expediency research for a hybrid solar-storage project set aside for Mozambique.
Jul 19, 2022 // Plants, Large-Scale, Commercial, Storage, ENERGY STORAGE, Solar, Solar Energy, BESS, Africa, Mozambique, Battery Energy Storage, africa solar, ncondezi energy
IPP Globeleq Signs PPAs for 450 MW Solar Power in South Africa
The close happened for 6 projects under South Africa's Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).
Globeleq, the Africa-focused independent power producer (IPP)-- is majority partner in the Ikamva Consortium, that was awarded preferred bidder by the DMRE.
Dec 9, 2022 // Markets & Finance News, Africa, South Africa, mainstream renewable power, dmre, solar energy projects, Globeleq, Department of Mineral Resources and Energy, REIPPPP, Ikamva Consortium, Renewable Energy Independent Power Producer Procurement Programme
Blue Elephant Energy terminates prepared IPO after US$ 89m cash injection
German renewables possession operator Blue Elephant Energy has shelved prepare for an initial public offering (IPO) after it secured a EUR75 million (US$ 88.8 million) cash money injection.
Jul 12, 2021 // Markets & Finance News, Germany, IPO, Europe, Athos, Blue Elephant Energy, Felix Goedhart, Thomas Maier
MPC Energy acquires 15.8-MWp solar plant in Mexico
MPC Energy Solutions NV (OSE: MPCES) announced on Tuesday that it has actually developed an existence in the Mexican renewables market with a set up procurement of Los Santos Solar I (LSSI), a 15.8-MWp functional solar photovoltaic (PV) plant situated in the north state of Chihuahua.
Nov 9, 2021 // Plants, Markets & Finance News, Mexico, North America, PV Power Plant, MPC Energy Solutions NV
Ampyr, Shell Energy Collaborate for 1,000 MWh BESS
The target capacity of the Wellington BESS is 500 MW/1,000 MWh that makes it among the biggest battery storage projects in the Australian state.
The BESS project will certainly enhance neighboring existing renewable energy generation assets as well as the proposed extra generation to be delivered as part of the Central West Orana REZ.
Oct 17, 2022 // Storage, new south wales, Renewable Energy, national electricity market, Greg Joiner, AMPYR, Ampyr Australia Pty Ltd, Shell Energy Australia, the Wellington BESS, TransGrid Wellington
Trungnam Group launches the largest solar farm in Vietnam in the middle of renewables drive
Trungnam Group officially ushered in the 500KV transformer station as well as 220/500KV Grid line, as well as the 450 MW Trung Nam Thuan Nam solar power plant on October 12th, 2020 in Phuoc Minh commune, Thuan Nam area of the south-central Ninh Thuan Province. It's a spectacular occasion as well as vital project in celebration of the 14th Ninh Thuan provincial Party's Congress, 2021-2025 terms.
Oct 13, 2020 // Plants, Large-Scale, Commercial, Grids, Asia, Vietnam, PV Power Plant, Trungnam Group
South Africa's Eskom verifies agreement awards for 1,440 MWh battery storage
South Africa's primary power provider Eskom has actually revealed information of honest significant battery storage implementations, including project sites and sizes.
Aug 1, 2022 // Storage, Africa, eskom, South Africa, contract awards, development banks
AfDB Boosts Zambia's Solar Project with $8M Loan
The African Development Bank boosts Zambia's renewable energy with an $8 million loan for a transformative solar project, paving the way for a sustainable energy future.
Oct 30, 2024 // Plants, Large-Scale, Commercial, Africa, zambia, AfDB, Solar Project