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Saudi foodmaker turns to Engie for 30MW of solar supply
Engie has secured a power purchase agreement (PPA) for a solar plant to back the operations of Saudi Arabia’s self-styled largest listed food group.
Jul 30, 2019 // Large-Scale, PPA, NADEC, Engie, Haradh, Kingdom
Sterling and Wilson Solar to launch IPO this week
The Shapoorji Pallonji Group’s solar EPC business will hit the capital markets with an initial public offering on Aug. 6.
Aug 5, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, India, IPO, SWSL, utility-scale PV
Oman launches tender for 146 MW of solar-diesel-storage projects
The Rural Areas Electricity Company wants to build hybrid plants in 11 non-interconnected areas of the sultanate. The projects will have a total of 48 MW of solar power generation capacity and 70 MW of diesel and the storage component will have total installed power of 28 MW and a storage capacity of 14 MWh.
Aug 12, 2019 // Plants, Large-Scale, Commercial, Storage, storage, tender, plants, Asia, Rural Areas Electricity Company, Tanweer, Oman Power and Water Procurement Company, United Arab Emirates
Ethiopia aims to set up formula for the calculation of mini-grid tariffs
Ethiopia is currently trying to set up a methodology for the calculation of electricity tariffs for mini-grid systems. Should the government’s work come to fruition, it can provide much-needed certainty to mini-grid investors.
Aug 12, 2019 // Grids, Tariffs, mini-grid systems, Ethiopia, Africa, Hizkyas Dufera, Scaling Solar
Africa’s ‘largest’ solar-plus-wind-plus-storage project unveiled
Japanese developer Eurus Energy and Australian-headquartered wind developer Windlab have signed a deal with Kenyan authorities to develop an 80MW solar-plus-wind-plus-storage facility in central Kenya.
Sep 2, 2019 // Plants, Large-Scale, Commercial, Storage, Grids, Windlab, solar-plus-wind-plus-storage, Africa, Eurus Energy
European Investment Bank and FMO go halves on 80MW of Kenyan solar
The European Investment Bank (EIB) and Dutch development bank FMO have agreed to finance the construction and operation of a duo of Kenyan solar plants that have a combined capacity of 80MW.
Sep 25, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, utility-scale PV, Kenya, Africa, east africa, european investment bank, frontier energ, fmo, grid-connected pv, David Langat, Ayaz Merali
Masdar wins Uzbekistan’s 100 MW PV tender with lowest bid of $0.027/kWh
Uzbek utility Uzbekenergo had received 23 offers for the 100 MW tendered solar plant. Two more solar tenders, with capacities of 400 MW and 500 MW, respectively, will be launched in the near future.
Oct 7, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Masdar, tender, Asia, Uzbekistan, large-scale pv, International Financial Corp.
Trina Solar begins module distribution for Germany's 'biggest' solar ranch
Module provider Trina Solar is to supply 187.5 MW of its double-glass Duomax modules to energy EnBW for the Weesow-Willmersdorf solar farm near Germany's funding, Berlin.
Jun 30, 2020 // Manufacturing News, Plants, Large-Scale, Commercial, UTILITY-SCALE SOLAR, Germany, bifacial, Europe, Trina Solar, enbw, Thorsten Jörß, duomax, double-glass
Renewable-powered hydrogen for Oman
Belgian designer DEME is preparing approximately 500 MW of hydrogen manufacturing capability at the port of Dumq, which is abundant in solar as well as wind power sources. The designer prepares to deliver hydrogen from the port to Europe.
Mar 5, 2020 // Storage, Solar to Fuel, Europe, Asia, hydrogen, Oman, DEME
Amarenco targets 3GW of under-construction solar by 2023 after shutting funding offer
Independent power manufacturer (IPP) Amarenco Group has safeguarded EUR150 million (US$ 176.8 million) in financing as it aims to increase solar project growth in Europe and also Asia.
Nov 11, 2020 // Markets & Finance News, Ireland, Europe, Asia, large-scale solar, amarenco, amarenco france
Global Landscape of Renewable Resource Money 2020
While global investments in renewable energy have climbed gradually in recent years, they remain much below the levels required to put the globe on course for a climate-safe future.
Nov 18, 2020 // Market Research
ADB to support eastern Indonesia with $600 million to broaden access to electricity including solar
The Asian Development Bank (ADB) has authorized a $600 million financing to aid the State Electricity Corporation (PLN), Indonesia's state-owned power firm, expand power access and also advertise renewable energy in eastern Indonesia. The program additionally includes 2 gives, at $3 million each, from the Japan Fund for Poverty Reduction and also the Asia Clean Energy Fund.
Nov 25, 2020 // Markets & Finance News, ADB, Asia, Asian Development Bank, Toru Kubo
Yellow Door Energy raised $31.2 million to develop distributed PV projects in Jordan
UAE-based solar programmer Yellow Door Energy has increased $31.2 million finance to develop dispersed solar projects in Jordan.
Feb 9, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Germany, EBRD, Europe, Asia, pv projects, UAE, Yellow Door Energy, DEG
PACE's initial UK solar farm Three Bridges gets planning consent
Pathfinder Clean Power (PACE) has been granted planning consent for its Three Bridges solar farm.
Feb 17, 2021 // Plants, Large-Scale, Commercial, UK, Europe, solar farm, PACE, Pathfinder Clean Energy, Alex Ros, Rob Denman
German AE Solar to open solar panel factory in Turkey in April
In partnership with Energate Corp., AE Solar set up the launch of manufacturing at its manufacturing facility in Kayseri in Turkey for April. The German company means to bring the annual output of solar modules in the center up to 1 GW by the end of the year.
Feb 18, 2021 // Manufacturing News, Germany, Europe, Asia, Turkey, AE Solar