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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.

UK-based Low Carbon Limited and US-based MassMutual have actually joined pressures to construct a leading global renewable resource Independent Power Producer (IPP). The collaboration aims to accelerate the development and operation of large-scale renewable resource projects with a concentrate on numerous Organisation for Economic Co-operation and Development (OECD) markets.

The storage industry brings new numbers to the table in its challenge against the least-liked proposal from FERC Order 841.

Japanese conglomerate Mitsui & Co. has actually bought a 1,300 MW wind-plus-solar-plus-storage project development in India.

Infrastructure financial investment administration firm I Squared Capital has actually consented to offer Grupo T-Solar to Cubico Sustainable Investments for a factor to consider of EUR1.5 bn ($ 1.8 bn).

SB Energy Global Holdings, a subsidiary of SoftBank Group, has signed off on a deal with Intersect Power that will see SB Energy acquire a portfolio of five US PV projects with a combined capacity of more than 1.7GW from Intersect.

It is no secret that China has actually virtually built and led the global solar push in the past decade. Firms from the nation today supply or control over 70% of international materials in solar energy.

Developing cities seeking to assess their policy and financing options for rooftop photovoltaic (PV) power generation can benefit from the increasing sophistication of rooftop PV simulators.

The business has more than Rs 300 crore-contracts in hand. Tt lately won 70 MW of allocation in Uttar Pradesh for C&I consumers and closed corporate PPAs of 55 MWp in Karnataka and Maharashtra.

Mirova invests $15 million in SolarAfrica, driving sustainable energy growth across Africa and empowering businesses with innovative clean energy solutions. A bright future for renewable investments!

Cost of lithium-ion battery to drop 68% from 2020 to 2050. Germany, France plan to invest 428m euros on associated projects.

Sun Trinity and AEON Mall are revolutionizing renewable energy in Japan with the installation of a massive 15,000 kilowatt solar carport, the largest of its kind in the country. This partnership aims to bring solar carports to over 50 AEON Mall locations by 2025, paving the way for a greener future.

Octopus Renewables Infrastructure Trust (ORIT) expands its renewable energy portfolio with the acquisition of four solar farms in Dublin, Ireland, bringing its total capacity to 735MW. Microsoft commits to a 15-year Power Purchase Agreement for the electricity generated. ORIT also plans to invest in offshore wind with a £3 billion fund.

EMCAF will certainly spend $25 million into Alcazar Energy Partners II which is a fund giving early-stage equity financing to create, construct and also operate renewable energy projects between East, North Africa, Eastern Europe as well as Central Asia. Alcazar Energy Partners II has a target size of $500 million as well as will certainly purchase onshore wind, solar photovoltaic or pv to name a few.

Portugal's EUR 350 million state aid scheme for renewable energy equipment approved by the European Commission, accelerating the country's transition to a net-zero economy.