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Nexamp safeguards financing for 380MW portfolio people solar and also power storage space assets
United States community solar carrier Nexamp has actually shut a US$ 440 million debt center for a 380MW portfolio of PV as well as power storage properties.
Mar 10, 2021 // Markets & Finance News, USA, Battery Storage, North America, Nexamp, Community Solar, debt financing, Peter Tawczynski
Construction starts on 145MW Indonesia floating PV
Project is being installed on the Cirata storage tank in West Java as well as is due online in late 2022
Aug 3, 2021 // Plants, Floating PV, Masdar, floating PV, Asia, Indonesia, Bahlil Lahadalia, Amir Faisal
Mongolia tenders 10 MW solar plant
The project, planned for Khovd in the west of the country, is being developed with the support of the World Bank.
Sep 24, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, tender, Asia, Mongolia
Solar-plus-storage to provide all the daytime electric needs of nation state
A 6 MW solar plant and 5 MW/2.5 MWh storage system are set to increase the share of renewable electricity on the Pacific island of Nauru from 3% to 47%. The $27 million project is being supported by the Asian Development Bank (ADB).
Sep 30, 2019 // Plants, Large-Scale, Commercial, Storage, storage, Skelec, Oceania, Asian Development Bank, Nauru
Solargiga’s Taiwan shares to be de-listed
The ever worsening balance sheet of the Hong Kong-based solar manufacturer has triggered the removal of shares listed in Taiwan, which is likely to leave the company with a $2.84 million bill for buying them back.
Oct 2, 2019 // Manufacturing News, Markets & Finance News, China, Hong Kong, Asia, Solargiga, Eric Luo, Taiwan, GCL System
Solar delivers cheapest power in Jamaica
Neoen has completed the 51 MW Paradise Park solar plant in the Caribbean. The facility will generate electricity for the Jamaica Public Service Company Limited for US$85/MWh over 20 years.
Oct 4, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, MPC Capital, neoen, North America, Jamaica, Rekamniar Frontier Ventures, WRB Energy
EBRD considers $60 million investment in Infinity Energy
The European Bank of Reconstruction and Development (EBRD) is considering investing US $60 million in renewables developer Infinity Energy, a subsidiary of Egyptian conglomerate Mansour Group.
Oct 15, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, EBRD, Jordan, Asia, Africa, Benban, Egypt, Morocco, lebanon, infinity energy
Mainstream Renewable Power doubles down on Chilean renewables with new finance deal
Renewables developer Mainstream Renewable Power has more than doubled a financing facility after striking an agreement with Dutch bank ABN AMRO.
Oct 15, 2019 // Markets & Finance News, Chile, South america, financing, mainstream renewable power, hsbc, abn amro, Mary Quaney, Vincent Goedegebuure
French Development Agency helps Mozambique build 80 MW of solar capacity
Two PV plants are set to be built under the Project for Promotion of Auctions for Renewable Energies program, being implemented with the support of Mozambican utility Electricidade de Mocambique, which is likely to be the future off-taker of the solar energy generated.
Nov 1, 2019 // Plants, Large-Scale, Commercial, Scatec Solar, tender, Africa, Mozambique, French Development Agency, PROLER
UAE-based PV developer to build 50 MW of solar in Togo
A unit of Dubai-based Amea Power will build the project in Blitta prefecture, in the center of the West African country, with all electricity to be sold to Togo Electric Power Co. (CEET) under a long-term power purchase agreement.
Nov 28, 2019 // Plants, Large-Scale, Commercial, Africa, Dubai, amea power, Togo, Marc D. Ably-Bidamon
EFG Hermes' Vortex platform to invest EUR625m in Ignis Energy's development
Vortex Energy has actually accepted spend more than EUR625 million (US$ 725 million) right into Ignis Energy Holdings with a series of funding injections that intend to develop Ignis into a "fully incorporated eco-friendly IPP" in Spain and elsewhere.
Oct 4, 2021 // Markets & Finance News, IPP, ignis, efg hermes, vortex
SECI tenders another 1.2 GW of grid-connected solar projects across India
Bidders can pitch for up to 300 MW of generation capacity per project with the deadline for proposals on February 4. The eighth tranche of inter-state transmission system program capacity offered by the Solar Energy Corporation of India comes with a solar energy price ceiling of Rs2.78/kWh.
Jan 9, 2020 // Markets & Finance News, Grids, India, SECI, tender, Asia
Tender for 350 kW Rooftop Solar System Issued by Cochin Port Trust
The Cochin Port Trust has issued a tender for the commissioning of 350 kW rooftop solar power systems on various buildings of the trust under the RESCO model.
Jan 16, 2020 // Plants, Large-Scale, Commercial, Rooftop PV, India, Asia, rooftop PV, Cochin Port
Foresight to ‘rapidly’ deploy new €342m raise throughout Europe
European investor Foresight Group expects to “rapidly” deploy the proceeds of its latest fund raise, targeting renewables, flexible infrastructure and grids across Europe.
Jan 28, 2020 // Markets & Finance News, Europe, FEIP
Syria introduces tenders for 63 MW of solar
The Ministry of Electricity Transmission Establishment is looking for to construct a 23 MW solar center in Damascus as well as a 40 MW plant near Homs.
Feb 18, 2020 // Plants, Large-Scale, Commercial, tender, Asia, Syria