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Oman to use 1-GW Manah solar projects to intl financiers
Oman Power and Water Procurement Company (OPWP), the sole off-taker of electricity in the Sultanate, has actually been authorized to honor to worldwide investors the Manah 1 and also 2 solar projects with a combined capacity of 1 GW.
Mar 3, 2023 // Markets & Finance News, Asia, Oman, solar projects
ACWA Power to include 1.4 GW of solar, 1.2 GW of storage space in Uzbekistan
ACWA Power (TADAWUL:2082) has actually signed deals to build two solar parks with a combined capacity of 1.4 GW as well as include battery storage space of 1.2 GW in Uzbekistan, the country's Energy Ministry claimed over the weekend break.
Mar 6, 2023 // Plants, Storage, Asia, Uzbekistan, ACWA Power
Developer team eyes Paraguay PV-storage opportunities
PASH Global and also ERIH Holdings have actually become part of a JV to supply 100MW of solar-battery capacity in the Latam country
Mar 7, 2023 // Storage, South america, Paraguay, Pash Global, ERIH Holdings, Akin Gunduz, Vine Mwense
Enerparc offloads 193MW Oz solar portfolio
Ingka Group is buying 2 functional PV parks and a 180MW project in NSW
Apr 3, 2023 // Markets & Finance News, Australia, Oceania, ingka group, Enerparc
Kazakhstan seen to reach just 10% sustainable generation by 2030
Kazakhstan is readied to reach 10.3% of power generation from renewables in 2030, thus a little topping its original end-of-decade target but missing the revised one of 15%, GlobalData said on Monday.
Apr 10, 2023 // Markets & Finance News, Asia, kazakhstan
Residential solar co Sunergy to listing on Nasdaq via SPAC
US domestic solar company Sunergy Renewables LLC is readied to go public on Nasdaq through a merger with a special purpose acquisition company (SPAC) created by investment firm Energy Spectrum Capital, with the awaited USD 65 million (EUR 59.2 m) in purchase proceeds to be made use of to money procedures and development.
Apr 20, 2023 // Residential, nasdaq, SPAC, Sunergy
SUSI takes risk in United States solar-storage player
Encore Renewable Energy is a Vermont-based developer which has a decade-long track record
May 24, 2023 // Markets & Finance News, USA, North America, SuSI
Zabka Goes Solar: 65-MW PPA Signed
Zabka Group has signed a 10-year PPA with Modus Asset Management, supplying 50 GWh of electricity annually from 65 MW of solar parks. The agreement marks Modus Asset Management's entry into the Polish PPA market and will help Zabka reduce Scope 1 and 2 emissions by 25% and carbon intensity by 70% by 2026.
Jun 22, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, PPA, Poland, Europe, Zabka
Globeleq Acquires 75% of Mozambique Solar Plant
Globeleq has agreed to acquire a 75% stake in Mozambique's 41 MW Mocuba solar plant, showcasing its commitment to African power production. The company is also in the process of commissioning two additional projects with a total capacity of 400 MW.
Jul 18, 2023 // Plants, Large-Scale, Commercial, Africa, Mozambique, PV Power Plant, Globeleq
SJVN Grabs 90 MW Floating Solar in Madhya Pradesh
SGEL has won the 90 MW floating solar project in Madhya Pradesh with an INR 3.79 ($0.046)/kWh tariff. The project is expected to generate 4,781 MUs over 25 years and will be commissioned within 21 months of signing the PPA. SJVN is the second firm to win the project.
Aug 11, 2023 // Plants, Floating PV, India, Asia, PV Power Plant, SGEL
BayWa r.e. Shows Commitment to Oz Solar
BayWa r.e. demonstrate their commitment to Australia’s solar industry with the launch of their new solar portfolio. A comprehensive range of solar solutions for all needs.
Aug 16, 2023 // Markets & Finance News, Australia, Oceania, baywa r.e.
PAD RES Secures €54m for Poland Solar
PAD RES secures €54 million investment from Polish Development Fund for two solar farms in Pomeranian Voivodeship with 117 MW capacity, 140 hectares coverage. Electrum chosen as general contractor to strengthen market position for energy transition in Poland.
Aug 21, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Poland, Europe, PV Power Plant, PAD RES
INVEX Exits Mexico Solar: USD 50M Deal
INVEX Controladora SAB de CV agrees to selling remaining stake in 216 MWp solar farm portfolio in northwestern Mexico for USD 50 million. Regulatory clearance needed and proceeds to reduce debt and make new investments.
Aug 30, 2023 // Markets & Finance News, Mexico, North America, INVEX
Saudi's $123M Egypt Solar Closes Financing
ACWA Power has closed financing for 200MW Kom Ombo solar project in Egypt, with $123 million of the total $182 million investment coming from international institutions. In January 2024, the plant will provide electricity to 130,000 households and help Egypt meet its 2035 goal of 42% renewable energy.
Aug 30, 2023 // Markets & Finance News, Asia, Africa, Egypt, ACWA Power, Solar Project
KMR's Acquisition of 38-MWp Italian Solar Project
Keppel MET Renewables has acquired a 38-MW solar PV project in Italy. The project is expected to be operational in 2026, adding to KMR's 200-MW renewable portfolio. KMR is aiming for 2 GW of installed capacity by 2026 and expanding its reach to other EU countries.
Sep 7, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Italy, Europe, PV Power Plant, Keppel MET Renewables