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North Macedonia's state-owned electricity manufacturer ESM said it prepares to construct 4 solar (PV) nuclear power plant with an incorporated capacity of 280 MW near the REK Bitola thermal nuclear power plant (TPP).

Portugal-based renewable resource producer GreenVolt has gotten a 65.2 million euro ($69.7 million) syndicated loan to finance the acquisition of a 45 MWp solar park in Romania, the loan providers announced on Thursday.

US-based Longroad Energy Holdings LLC on Wednesday stated it has actually protected all required funds for its 285-MW DC Sun Streams 3 solar park in Arizona, enabling to go into the building phase of the project.

Scatec Solar has closed financing on 3 Grootfontein solar projects in South Africa with a combined capacity of 273MW. Construction to begin Q1 of 2024 and estimated to power 100,000 households. Financed by equity and $241m of project finance debt.

Masdar is seeking financing for the construction of a 200 MW solar farm in western Armenia. Get the latest updates on the USD 186.6 million project and the expected November 28, 2023 decision on the Clean Technology Fund concessional loan. This eco-friendly initiative could reduce carbon dioxide emissions by up to 169,000 tonnes annually.

Soltec Power Holdings SA is setting a new industry standard with its 5.6MW solar photovoltaic plant in Murcia, Spain. Financing is made possible with a EUR 3.6 million loan from Triodos Bank and local community crowdfunding of EUR 550,000. Enjoy the fixed price of EUR 54 per MWh for 12 years, plus a 5% market price variation. Join Soltec in the renewable energy revolution with its ambitious 1,000MW portfolio goal by 2025.

On.Energy has secured $40 million in funding to launch an 80MWh battery energy storage portfolio in Texas. This portfolio will support the ERCOT grid and is set to be commissioned in 2024. On.Energy is working on a 1GWh pipeline of energy storage systems to be operational by 2025.

IFC, EBRD and also the EU have joined to sustain the advancement of the first utility-scale solar energy plant in Armenia, the 55 MW Masrik Solar Project.

EIB and DBSA boost South Africa’s green future with an extra EUR 200 million, powering renewable energy projects and fueling sustainable growth in the region.

Qair shines bright in Poland, launching an 80-MW solar park set to power 20,000 homes, boosting its renewable capacity to 500 MW and aiming for 3 GW by 2030!

Nexif Energy and Ratch Group's groundbreaking 154-MWp solar project in the Philippines will provide green energy for 52,600 homes, paving the way for a sustainable future!

Fengate Asset Management and Alpha Omega Power seal a groundbreaking tax equity deal for Caballero, a 100-MW battery storage system fueling 100,000 homes with on-demand energy.

Atlas Renewable Energy protects $67m financing from IDB Invest and DNB Bank for the Jacaranda project in Brazil

The World Bank’s private investment arm, the International Finance Corporation (IFC), has agreed to provide a financing package of US$50 million to Kiev-based firm OTP Leasing for sustainable energy investments in Ukraine.

The Republic of Maldives has actually reopened a tender procedure, looking for to procure 40MWh of battery power storage systems (BESS) in a power transition project supported by World Bank funding.