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African Infrastructure Gets Boost From $12 Billion Climate Fund
GCF commits $253.7 million to AFC Capital Infrastructure Fund
Equity financial investment is largest made by GCF in Africa to date
Mar 21, 2023 // Markets & Finance News, Africa, gcf, AFC Capital Infrastructure Fund
Various joint ventures complete 195MW of PV projects in Egypt’s Benban
A joint venture between Elsewedy Electric and EDF, along with Scatec Solar and its respective partners, have both commissioned PV projects near Benban, Egypt with a combined generation capacity of 195MW.
Aug 20, 2019 // Plants, Large-Scale, Commercial, Scatec Solar, EDF, Asia, Africa, Elsewedy Electric and EDF, Benban, Egypt, Ahmad El Mokadem
Various joint ventures complete 195MW of PV projects in Egypt’s Benban
A joint venture between Elsewedy Electric and EDF, along with Scatec Solar and its respective partners, have both commissioned PV projects near Benban, Egypt with a combined generation capacity of 195MW.
Aug 21, 2019 // Plants, Large-Scale, Commercial, Scatec Solar, EDF, Asia, Africa, Benban, Egypt, Ahmad El Mokadem, elsewedy
Dutch government seeks to privatize Tennet
Tennet needs more than €4.75 billion to invest in cross-border grid infrastructure between Germany and the Netherlands, as rising volumes of solar and wind are complicating network operations, said Dutch Finance Minister Wopke Hoekstra in a recent letter to the Dutch parliament, adding that the government may need to privatize the state-owned transmission system operator or sell off a stake in it.
Sep 16, 2019 // Markets & Finance News, Germany, Europe, Netherlands, Tennet, Wopke Hoekstra
Ørsted Unveils 320-MW Solar Farm Plans in UK
Ørsted A/S unveils plans for a 320-MW solar farm in East Riding, reinforcing the UK’s renewable energy future and commitment to sustainability. A bright step towards greener horizons!
Jan 22, 2025 // Plants, Large-Scale, Commercial, UK, Europe, PV Power Plant, Ørsted A/S
Saudi Arabia Unveils 4.5 GW Renewable Energy Tender
Saudi Arabia accelerates its green revolution, launching a tender for 4.5 GW of solar and wind projects, aiming for 50% renewable energy by 2030. Bright future ahead!
Sep 25, 2024 // Markets & Finance News, Saudi Arabia, tender, Asia
Mercedes Benz Acquires Stake in Battery Cell Manufacturer Farasis
Mercedes-Benz has developed a calculated collaboration with the Chinese battery cell supplier Farasis and also is also taking an equity risk in the company.
Jul 3, 2020 // Markets & Finance News, Storage, finance, EV, Mercedes-Benz, Battery Cell, EV Battery, Farasis, Markus Schäfer, Mercedes Benz Farasis
Multilateral lenders finance Armenia's biggest PV plant
It has actually been 2 years because Fotowatio Renewable Ventures won the bid to create the 55 MW site as well as with money ultimately protected, the construct can proceed.
Jul 16, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, tender, Europe, Armenia, PV Power Plant, Mikel de Irala, Andrea Wiktorin
COVID-19: Currency after effects to 'eliminate' worldwide energy of PV, wind in 2020
Needing to fund orders with a value-soaring United States buck is readied to harm the returns of solar and also wind projects this year as well as cut international development back to 2019 degrees, specialists have actually advised.
Mar 30, 2020 // Manufacturing News, Markets & Finance News, Coronavirus, covid-19, rystad energy, Mexico, Brazil
Meyer Burger resists rebel shareholder at EGM
The Swiss solar equipment supplier today fought off an attempt by its largest single shareholder to have a representative appointed to its board and to have its executive pay regime reviewed. Victory in that battle may secure the company some wiggle room, but the war over corporate strategy appears far from over.
Oct 31, 2019 // Manufacturing News, Markets & Finance News, Europe, meyer burger, Switzerland, EGM, Mark Kerekes, Sentis
Global Grid Battery Storage space Capability will Likely Get to 134.6 GW by 2030: F&S
As more nations dedicate to renewable energy, F&S forecasts the global grid battery storage space capability to likely reach 134.6 GW by 2030.
Apr 16, 2021 // Storage, USA, China, Battery Storage, Asia, North America, Market research, Frost and Sullivan, Global Battery Storage Capacity
BayWa r.e. eyes 163MW mega solar project
BayWa r.e. is intending the development of a 163MW solar project in South Derbyshire.
Sep 3, 2021 // Plants, Large-Scale, Commercial, Storage, UK, Europe, baywa r.e., Solar Project
Japan's policymakers authorize higher 2030 renewable energy target
The Cabinet of Japan's government has authorized a plan to increase the national target for renewable energy in the electrical energy generation mix to in between 36% as well as 38% by 2030.
Oct 25, 2021 // Markets & Finance News, Japan, Asia, policy, decarbonisation, net zero, cop26, deployment target, energy security
MENA to include 50GW of utility-scale solar by 2030, report says
Countries between East as well as North Africa have plans to increase utility-scale solar capacity by 49.5 GW by 2030, according to Global Energy Monitor (GEM).
Jun 30, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, Africa, middle east, mena, Morocco
$1.5 B Solar Desalination Plant Proposed in Egypt, reports Bloomberg
A three-company consortium remains in discussions with Egypt's sovereign riches fund to partner on the project that would certainly comply with a construct, have, run and move system.
Feb 24, 2022 // Plants, Markets & Finance News, Scatec, Asia, Africa, Egypt, Metito Holdings Ltd., Orascom Construction, solar desalination plant, Water Needs










