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Mitsubishi, HD Renewable Launch Japan Green Energy JV
Mitsubishi Electric and HD Renewable unite to power Japan's green future, driving clean energy growth and sustainable infrastructure with innovative projects and battery solutions.
Feb 17, 2025 // Markets & Finance News, Japan, Asia, Mitsubishi Electric, HD Renewable
NTPC and ONGC Launch Renewable Energy Joint Venture
NTPC and ONGC unite for a greener future, launching a joint venture in renewable energy to innovate and conquer solar, wind, and more across India!
Nov 4, 2024 // Plants, Large-Scale, Commercial, India, NTPC, Asia, ONGC
Greenskies Renewable Energy is acquired and renamed by JLC
JLC Infrastructure has announced a successful acquisition of Greenskies Renewable Energy – a utility and commercial PV system developer.
Jan 14, 2020 // Markets & Finance News, UK, Europe, JLC, Greenskies Renewable Energy
Masdar seals agreement to develop 400 MW of solar in Armenia
a competitive process such as an auction.
Last year, Spanish developer Fotowatio Renewable Ventures (FRV), which is part of Abdul Latif Jameel Energy, won a tender to build a 55
Dec 3, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Floating PV, Mohamed Jameel Al Ramahi, David Papazian, ANIF, floating PV, Europe, Asia, Armenia, United Arab Emirates, frv
Repsol Secures €348M for 400 MW Renewable Projects
Repsol secures €348M financing for a powerful 400 MW renewable energy portfolio—solidifying its commitment to a greener future and ambitious growth targets.
Dec 23, 2024 // Plants, Large-Scale, Commercial, Markets & Finance News, repsol
Eurowind Energy Plans 1 GW Renewable Capacity Expansion
Eurowind Energy A/S is set to supercharge Europe’s renewable landscape with nearly 1 GW of new capacity, harnessing wind, solar, and more in a bold two-year expansion.
Oct 22, 2024 // Plants, Large-Scale, Commercial, Eurowind Energy
Fotowatio protects funding for Aussie 85-MW solar project
Fotowatio Renewable Ventures (FRV), part of Saudi Arabia's Abdul Latif Jameel Energy, has actually safeguarded the required funding to know the 85-MW A/C Winton Solar ranch project in the Australian state of Victoria.
Feb 14, 2020 // Markets & Finance News, Saudi Arabia, Australia, Asia, Oceania, fotowatio
Abdul Latif Jameel unit launches solar plants in Jordan
Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy and a leading global developer of utility-scale renewable projects, has inaugurated the Mafraq I and Empire photovoltaic solar plants of 50 MW AC each in Jordan.
The Mafraq I and Empire projects, awarded in the second round of the Jordanian government's solar programme, represent a total investment of $180 million and had created 500 jobs during their construction phase alone.
In collaboration with Abdul Latif Jameel Energy, FRV has developed three solar projects in Jordan to-date, Mafraq I, Empire, and Al Safawi (66.7 MW DC), and is continuing to expand its pipeline in the country as part of its commitment to developing renewable energy capacity in the region.
It was inaugurated by Jordanian Prime Minister Omar Al Razzaz in the presence of Hala Zawati, Minister of Energy and Mineral Resources, Arnzazu Ban Dvalos, Spain’s Ambassador to Jordan and Engineer Amjad Rawashdeh, general manager of the National Energy Company (Nepco) who represented his company together with its chairman Engineer Sakhr Al Ajlouni.
In addition, officials and representatives from the Saudi Embassy, Mafraq’s Governorate and some of the world’s leading financial institutions attended the event along with Daniel Sagi Vela, chief executive officer of FRV and Raad Al Saady, senior managing director, Business Development, at Abdul Latif Jameel, said a statement from the company.
In line with Nepco’s ambition to boost the role of renewable sources in Jordan’s energy mix, Mafraq I and Empire photovoltaic solar plants which are already under operation, supply 1.5 per cent of Jordan’s total power generation capacity: an important contribution towards Jordan’s goal to deliver 10 per cent of the country’s total power generation through clean energy by 2020.
The plants generate a total of 134 MW DC, which is enough to supply more than 40,500 households and avoid the emission of more than 200,000 tonnes of CO2 per year. This is equivalent to removing approximately 44,000 cars from the country’s roads.
According to FRV, plans are already underway for its fourth 50 MW AC solar photovoltaic plant in Jordan, having won a competitive tender by the Water Authority of Jordan (WAJ).
The project will be located in Al Dulail Industrial Park and is expected to create 300 jobs in the construction phase. Once completed, FRV will develop 270 MW DC in the country, covering a land area equivalent to 885 soccer fields.
Altogether, the four solar plants will supply more than 600 GWh per year in Jordan, powering more than 83,000 Jordanian homes with clean energy and representing 3 per cent of the country’s total electricity generation.
As a result, more than 425,000 tonnes of CO2 emissions will be avoided each year, equivalent to removing 90,000 cars from Jordan’s roads or 4.3 billion km travelled.
COO Tristn Higuero said: "The opening of Mafraq I and Empire is undoubtedly a key milestone for the company. It not only represents the success of our projects in Jordan, but it is also evidence that the future of energy in the country is clean and renewable."
"Our commitment is clear and we will continue to support Jordan through long-term investments in its transition to a more sustainable energy model," he stated.
Sagi-Vela said: "The future is promising and that is why I would like to highlight the willingness and firm commitment of FRV and Abdul Latif Jameel Energy to continue investing in this region."
"We are determined to play a relevant role and we have the experience, track record and knowledge to lead this process," he stated.
Raad Al Saady, senior managing director, Business Development, Abdul Latif Jameel, said: “With power demand in the Middle East and North Africa (Mena) and Turkey region increasing by around 7 per cent annually, there is a pressing need to develop sustainable alternatives to traditional energy production.”
“Our company as a whole, and its energy focused unit - FRV, are proud to be launching the Mafraq I and Empire solar plants today, joining hands with FRV and the Ministry of Energy and Mineral Resources in developing Jordan’s solar power industry,” he added.-TradeArabia News Service
Nov 4, 2019 // Plants, Large-Scale, Commercial, Jordan, Asia, Abdul Latif Jameel, Fotowatio Renewable Ventures, Omar Al Razzaz, Tristn Higuero, Raad Al Saady
Greece sets date for 500MW new renewable energy auction
Solar developers will have a chance this spring to compete at a new renewable auction in Greece, the latest in a country aiming to take installed PV capacity near the 8GW mark by 2030.
Jan 31, 2020 // Plants, Large-Scale, Commercial, Greece, tender, auctions, Europe, southern europe
BP Completes Lightsource bp Acquisition for Renewable Expansion
BP Plc completes its acquisition of Lightsource bp, enhancing its renewable energy portfolio with a vast 62-GW pipeline across 19 markets, solidifying its commitment to sustainable energy.
Oct 25, 2024 // Markets & Finance News, Lightsource BP, BP Plc
Yotta Energy Raises $8m for Solar Tech Expansion
Yotta Energy closed an USD-8-million fundraising round to expand its solar power and energy storage solutions, led by Evergy Ventures and strategic investors BlueScope, Cricetus Felix Ventures, Copec WIND Ventures and EDP Ventures. Funds to expand manufacturing and deploy battery technology. Yotta Energy solutions incorporate solar, energy and EV charging technology into commercial buildings.
Sep 21, 2023 // Markets & Finance News, Storage, Yotta Energy
Coal India Ventures into Renewables with 5 GW Push
Coal India shifts gears to renewables with a 5 GW solar and wind push, marking a bold step towards a sustainable future.
Sep 4, 2025 // Plants, Large-Scale, Commercial, India, tender, Asia, Coal India, diversification, solar capacity
Plus Renewable, Avondale Solar to Offer 350 MW Solar Project
Plus Renewable as well as Avondale Solar have actually participated in a contract to offer their passions in a 350 MW solar PV project in Fort Bend County, Texas
Mar 19, 2020 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, Texas, North America, International, Christian Skakkebaek, Avondale Solar, Plus Renewable Technologies
Radnor-based renewable energy pioneer is sold to Fortune 500 company
The Radnor company has established concerning 3 gigawatts of large-scale solar projects across the nation, or regarding 5% of the country's utility-scale solar.
Dec 21, 2021 // Markets & Finance News, USA, North America, Community Energy Inc., AES Corp., Brent Beerley
Australian clean tech Endua fixes renewable energy's intermittency problem
One significant problem with renewable resource resources like wind, solar as well as hydro is intermittency. This suggests they can not be counted on constantly given that, for example, the sun could stop beaming or it might be a still, windless day.
May 23, 2023 // Markets & Finance News, Storage, Solar to Fuel, Australia, Oceania, startup, Endua, Ampol








