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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.

This financing round complies with a $375 million facility introduced in May 2022. Origis Energy calls the facility as the largest introduced this year for an energy scale solar and also storage development project pipeline.

Prime Capital AG secures EUR 11 million mezzanine financing for 80-MWp solar project in Brandenburg, Germany, paving the way for construction and commercial operation in 2025.

City of Lancaster approves Element Resources Inc's green hydrogen facility, a major step towards sustainable energy and emissions reduction in the region.

Huawei's FusionSolar Smart String Energy Storage Solution to power Red Sea City's off-grid, clean energy needs in world's largest photovoltaic-energy storage microgrid. A sustainable tourism destination by 2030.

Qair's 50.13-MWp solar project in Montenegro secures grid approval, boosting Balkan renewable energy and marking a milestone in sustainable infrastructure expansion.

Philippines launches 9.4 GW renewable energy tender, boosting solar, wind, and storage to power a sustainable future and cut fossil fuel reliance.

ContourGlobal and A2A SpA forge a decade-long pact, delivering 22 GWh of green energy annually, advancing Europe's renewable energy commitment.

Solarvest partners with TNB to build a 500-MW solar park, advancing Malaysia's renewable energy goals and reducing fossil fuel dependence.

Jupiter Power secures $286M to boost US energy storage, enhancing grid reliability and accelerating the shift to renewable energy with a 300-MW/800-MWh battery project.

France scales back solar ambitions to 90 GW by 2035, sparking public consultation on its evolving energy strategy.

Engie SA acquires MEAG's 157-MW UK wind and solar assets, boosting renewable energy goals and optimizing investment strategies.

Congo targets 1,500 MW by 2030, boosting green energy with solar, wind, and hydro projects for sustainable growth and reduced fossil fuel reliance.

EWIA Green Investments GmbH accelerates solar expansion in sub-Saharan Africa with SunErgy acquisition, boosting sustainable energy solutions and meeting rising renewable demands.

MPC Capital AG sells 51-MW Jamaican solar plant to InterEnergy Group, boosting sustainable energy efforts in Latin America.