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Atlas Renewable Energy Gets $210 million For 438 MW Solar Project in Brazil
Atlas stated that this marks the first time that BNDES has actually carried out an US dollar-indexed loan to a renewable energy project. The solar project will generate 815 GWh of power every year which amounts providing clean energy to 394,000 homes as well as offsets 61,000 tons of CO2 emissions annually.
Jan 11, 2023 // Markets & Finance News, Atlas Renewable Energy, BNDES, solar power project, Luis Pita, Banco Nacional de Desenvolvimento Econômico e Social, Boa Sorte solar project, Daniel Barreto, HydroRein, Solange Paiva Vieria, US dollar-indexed loan
American Electric Power Sells More Than 1 GW of Renewable Portfolio to IRG Aquisition
American Electric Power (AEP) has entered into an agreement to sell its 1,365-megawatt (MW) unregulated, contracted renewables portfolio to IRG Acquisition Holdings at an enterprise value of $1.5 billion. The sale portfolio includes 14 projects, representing 1,200 MW of wind and 165 MW of solar in 11 states.
Feb 23, 2023 // Markets & Finance News, AEP, Invenergy, Wind Energy, CDPQ, american electric power, federal energy regulatory commission, renewable power, IRG Acquisition Holdings, Julie Sloat, renewable generation portfolio
Respect Energy Finalizes 57 MW Solar Power Agreement
Respect Energy inks a decade-long PPA for 63 GWh of green electricity, powering its growth through solar parks and sustainable partnerships in Poland’s vibrant energy landscape.
Oct 28, 2024 // Plants, Large-Scale, Commercial, Respect Energy
Somalia Launches 55 MW Solar-Storage Energy Tender
Join the renewable revolution! Somalia invites proposals for a game-changing solar-battery project, funded by the World Bank, aiming to transform energy access by April 2025.
Feb 10, 2025 // Plants, Large-Scale, Commercial, tender, Africa, Somalia
‘Desert to Power’ solar project in Chad clinches €18m AfDB loan
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.
Oct 2, 2019 // Plants, Large-Scale, Commercial, Storage, Grids, solar-plus-storage, Africa, African Development Bank, chad, sahel, infraco africa, aldwich international limited, amea power
RIC Energy to develop 47 MW of NY solar with Goldman Sachs Renewable Power
Madrid-based renewables service RIC Energy has participated in a collaboration with Goldman Sachs Renewable Power LLC (GSRP) to establish 47 MW of neighborhood solar projects in the state of New York.
Mar 5, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, Goldman Sachs Renewable Power, RIC Energy, solar projects
Capital Dynamics, Sol Systems Financing Renewable Energy Projects Throughout the US
Capital Dynamics, an independent worldwide exclusive possession monitoring company, today revealed that the joint endeavor entitled Sol Customer Solutions between its Clean Energy Infrastructure (CEI) business as well as Sol Systems, among one of the most seasoned solar financing and growth systems in the United States, has actually secured a Distributed Generation (DG) Tax Equity Commitment from Bank of America.
Oct 20, 2020 // Markets & Finance News, Capital Dynamics, rooftop solar, sol systems, bank of america, Tim Short, Clean Energy Infrastructure, Nebraska Public Power
CrossBoundary Gets $25 Million For Solar Power Mini-Grids Expansion In Africa
CrossBoundary has actually raised $25 million funding from various capitalists-- ARCH Emerging Markets Partners Limited, Bank of America, as well as Microsoft Climate Innovation Fund. Solar energy as well as batteries that will make the mini grids will certainly assist in supplying 24X7 electricity to houses as well as small companies
Jun 17, 2022 // Markets & Finance News, Solar Energy, IEA, bank of america, International Energy Agency, solar funding, CrossBoundary Energy Access, Amy Brusiloff, ARCH Emerging Markets Partners Limited, CBEA, Gabriel Davies, Humphrey Wireko, Microsoft Climate Innovation Fund, renewables in Africa
Iberdrola Receives $160 Million Loan for Renewable Energy in Italy
Spanish utility Iberdrola has secured a $160.8 million green loan from the European Investment Bank to develop 400 MW of wind and solar energy in Italy.
Feb 14, 2023 // Large-Scale, Commercial, Markets & Finance News, Italy, Iberdrola, Europe
Portugal-based renewable energy co Greenvolt starts operations in Bulgaria, Romania
Portugal-based renewable energy manufacturer Greenvolt stated that it broadened into the marketplaces of Bulgaria, Romania and Italy through its system V-Ridium, a Polish renewables developer.
Sep 23, 2021 // Markets & Finance News, Portugal, Europe, Romania, Bulgaria, Greenvolt
Canadian retailer Loblaw strikes renewable power deal in Alberta
Loblaw Companies Ltd (TSE: L), Canada's largest retailer, has committed to procuring more than 300 TWh of renewable power each year for its stores across the province of Alberta under a deal with residential energy infrastructure firm TC Energy Corp (TSX: TRP).
May 8, 2023 // Markets & Finance News, alberta, Loblaw Companies, TC Energy Corp
Octopus Energy launches ₤ 185 million renewable fund and buys developer Exagen
Octopus Energy has actually launched its Octopus Energy Development Partnership (OEDP), a ₤ 185 million (EUR220 million) renewable fund aiming to spearhead the green energy revolution in the UK, whilst making its initial investment in Exagen.
Aug 25, 2022 // Markets & Finance News, Storage, UK, Europe, Octopus Energy, Exagen
ADB to Make $1 Billion Investment in Renewable Energy in the Pacific
ADB (Asian Development Bank) has revealed that it will invest $1 billion worth of its energy initiatives in the Pacific region from 2019 to 2021 to generate more renewable energy.
Dec 23, 2019 // Markets & Finance News, ADB, Renewable Energy, Pacific, Olly Norojono
Worldwide renewable energy jobs grow 6% to reach 12.7 m in 2021
International employment in renewable energy, counting direct and also indirect jobs, grew to 12.7 million individuals in 2021 from 12 million in 2020, according to the most recent report by the International Renewable Energy Agency (IRENA).
Sep 23, 2022 // Markets & Finance News, Market Research, IRENA
A$ 7.8 Bn Deal for Renewable Energy Transmission Infra in New South Wales
Specifically, the deal will sustain 8 renewable energy projects in the district besides Snowy 2.0 hydropower project in one of the most populated district of Australia. The federal government will be spending A$ 4.7 billion and also NSW will certainly add A$ 3.1 billion through completion of this decade to eliminate the reliance on fossil fuels for power.
Dec 22, 2022 // Markets & Finance News, Australia, Oceania, nsw, Anthony Albanese, Dominic Perrottet, HumeLink line, New South Wales transmission deal, Sydney Ring transmission link, transmission infrastructure, VNI West interconnector