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Masdar, owned by Abu Dhabi government, signs agreements to construct 1GW solar & wind power capacity in Azerbaijan. Garadagh Solar Park is now inaugurated, producing enough electricity to power 110,000 homes. Masdar plans to double capacity this year aiming for 100GW of gross capacity to aid UAE's net zero carbon emissions by 2050. Adnoc expands presence in Azerbaijan with 30% equity in Absheron natural gas field.

Adani Green Energy is in talks to borrow up to $1.8 billion from major lenders including Barclays, BNP Paribas and Deutsche Bank. Be one of the first to hear the outcome of the historic loan deal, and what it means for the future of energy projects.

Shell Plc announces deal to reduce stakes in two renewable energy projects in the US – 182 MW wind repowering project & 180 MW solar park project. Asset management & offtake rights retained, with transactions finalized by 2024 & eligible for IRA tax credits.

Picked projects will certainly safeguard five-year power acquisition contracts as well as will need to begin business procedure on January 1.

Google says it will spend US$150 million on renewable energy in regions where its products are manufactured, in a move it hopes will galvanise a further US$1.5 billion of investment.

Initial projects to be commissioned by mid-2022 include 5 solar parks

NV Energy is searching for wind, solar, hydroelectric, geothermal, biomass and also biogas schemes

Systems in US, Spain, France, Australia, Canada, India, Japan, as well as UAE take worldwide capacity to 15.7 GW.

Qatar is interested in purchasing renewable energy in Egypt, especially in solar and also wind projects, the president of the Qatar Investment Authority (QIA) said during a meeting with his equivalent at Egypt's General Authority for Investment and Free Zones (GAFI).

Keppel clinches full control of Cleantech Renewable Assets, tightening its grip on gigawatt-scale solar and wind to fast-track growth and capital deployment in clean energy.

NBN Co hits 100% renewables via Munna Creek solar offtake; PPA locks 20%+ output as bifacial-tracked PV readies battery boost—showcasing corporate PPAs powering Australia’s transition.

Opdenergy secures $227M financing for a 371-MW Chile renewables portfolio, powering solar, wind and storage. Long-term PPAs back projects as construction ramps up with 748 MW planned.

Having considered the other day "Climate Wednesday", US President Joe Biden signed a raft of Executive Orders developed to ratchet up the US' initiatives to fight climate modification and increase the development of its residential renewables sector.

Through the procurement exercise, the Ecuadorian government will select wind, solar and mini hydropower projects. Selected developers will be granted a 25-year PPA, while the sole off-taker of the generated energy will be state-owned utility Corporacion Electrica de Ecuador, S.A. (CELEC).

This week on The Energy Gang: The economics of oil are beginning to be challenged by EVs paired with wind and solar.