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EDF invests in Egypt’s solar technology and integration startup
France’s largest state-owned utility company has invested unrevealed finances into KarmSolar. The latter has installed a 165-megawatt solar pipeline throughout Egypt. The Egyptian startup supplies power to large-scale industrial, agricultural and commercial customers.
Nov 26, 2019 // Markets & Finance News, France, EDF, Europe, Asia, Africa, Egypt, KarmSolar
Xcel Announces Deal to Power Steel Mill with Solar
Xcel Energy has announced an agreement with Lightsource BP and EVRAZ North America to develop a $250-million, 240-MW solar power facility in Pueblo, Colorado. The plant will provide power to the EVRAZ Rocky Mountain Steel facility in Pueblo. Xcel said the plant will be the largest on-site solar facility dedicated to a single company.
Oct 2, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Colorado, Lightsource BP, North America, Kevin Smith, Xcel Energy, EVRAZ, Alice Jackson
Pexapark recommends on EKZ Renewables and Axpo solar PPA
Pexapark, a provider of software as well as advising solutions for post-subsidy renewable resource sales, has actually encouraged on the recently-signed offtake agreement in between EKZ Renewables AG, a Swiss renewable energy financier, and also the Spanish subsidiary of energy trading firm Axpo. This bargain is the 2nd power acquisition arrangement (PPA) signed in the Iberian area, and third signed in Europe, that Pexapark has successfully sustained in the past 6 weeks.
Oct 23, 2020 // Markets & Finance News, PPA, Axpo, Europe, pexapark, EKZ Renewables
‘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
AEMO gets rid of suspension, restores wholesale power markets in all Australian areas
The Australian Energy Market Operator (AEMO) has actually lifted the wholesale power market suspension in all areas of the National Electricity Market (NEM) from 2pm today (AEST), after stepping in greater than a week earlier.
Jun 24, 2022 // Markets & Finance News, Australia, AEMO, Oceania, Australian Energy Market Operator, national electricity market, wholesale markets
L.A.‘s Record-Low Solar Project Hits Snag in Union Resistance
Developer 8minute’s groundbreaking solar project is caught up in a disagreement over the city’s clean energy transition.
Sep 3, 2019 // Plants, Large-Scale, Commercial, USA, North America, 8minute’s groundbreaking, Los Angeles, Jeff McKay, 8minute Solar Energy
Enel Green Power begins business in Vietnam
Italian renewables company Enel Green Power has near to 5,700 MW of projects in the general pipe in Vietnam that are promoted by its new business EGP Vietnam (EGPVN).
Aug 9, 2022 // Markets & Finance News, Asia, enel green power, Vietnam
Kahramaa Closes Financing for World's 2nd Cheapest Solar Power Project
Kahramaa has actually revealed the effective monetary closure for the Siraj-1 solar energy plant project, the first of its kind project in Qatar
Jul 24, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, Asia, Qatar, Kahramaa, International, Solar Project
sPower and PSEG Long Island construct 20-MWac New York solar system
sPower, a company handling development, construction and operation of solar power facilities, and PSEG Long Island, a major electric utility provider, have completed a 20-MWac solar plant in Riverhead, New York. The project will provide power for approximately 2,870 homes annually, as New York moves to completely decarbonize its electricity system by 2040.
Jul 24, 2019 // Large-Scale, Commercial, USA, New York, sPower, PSEG Long Island, Paul Napoli, Long Island, North America
Angola’s solar plans boosted by Italian oil giant Eni
The Italian oil and gas provider has signed a concession agreement with the government of the African oil country to build a 50 MW solar plant. The project is expected to be in the province of Namibe and will be part of the nation’s plan to deploy 600 MW of solar by 2022.
Nov 14, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Africa, Angola, Eni, Solenova
Endesa gets enviro approval for 109 MW of solar projects in Spain
Spanish utility Endesa SA claimed on Thursday that it has actually secured the environmental approval to mount 3 solar farms completing 109 MW in Spain's southerly region of Andalusia.
Mar 24, 2023 // Plants, Large-Scale, Commercial, Spain, Europe, Endesa, solar projects
Ingeteam to Power Gentari’s Pioneering NSW Solar-Storage Hybrid by 2027
Ingeteam will equip Gentari’s 243-MWp Maryvale solar-plus-storage project in New South Wales, using DC coupling to maximise output before its 2027 debut.
Jul 14, 2025 // Plants, Large-Scale, Commercial, Storage, Australia, Oceania, Ingeteam, Gentari
Solar power and also desalination to be effectively connected for first time in brand-new project
Cranfield University will certainly join 19 research companions spread out through 12 countries to establish a first-of-a-kind plant which pairs concentrated solar power (CSP) as well as desalination methods.
Aug 16, 2021 // Plants, UK, Europe, Cranfield University, Chris Sansom, DESOLINATION
Renewable Power Generation Expenses in 2019
Newly mounted sustainable power ability increasingly costs less than the cheapest power generation options based upon fossil fuels. The price data offered in this comprehensive research study from the International Renewable Energy Agency (IRENA) validates exactly how decisively the tables have transformed.
Jun 15, 2020 // Market Research
Algerian 150 MW solar tender secures final price of $0.069/kWh – and only a third of the capacity
The Algerian Electricity and Gas Regulation Commission has concluded a tender launched in June. The one solar project selected will sell power at DZD8.28/kWh. The authority reportedly only published ceiling prices for energy bids on the day the exercise was completed.
Oct 30, 2019 // Markets & Finance News, Tariffs, tender, Africa, Algeria, Malek Drif, CREG, Al-Muchkat’s Drif