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Saudi Arabia awarded contracts for the development of more than 1.7 GW of solar energy projects until now. The report likewise said that Saudi Arabia furthermore has green hydrogen as a key component of its long-lasting energy sector strategy. The country desires create 2.9 million tonnes of green hydrogen each year by 2030.

The executed PPAs will certainly enable the construction of ten new large-scale solar projects. These projects are anticipated to be operational in between 2023 as well as 2024.

Israeli business Enlight Renewable Energy (TLV: ENLT) and NewMed Energy (TLV: NWMD), previously referred to as Delek Drilling, have signed up with hands to implement renewable resource projects in several countries between East as well as North Africa.

Solarvest indicators MoU with neighborhood firm Hsinjing Holding Corporate to establish projects by 2025

Both companies have authorized a binding agreement last week for the solar energy portfolio for $293 million. TGC said that the equity funding for these assets was provided by the third fund of TGC, True Green Capital Fund III, as well as its funding partners provided debt as well as tax equity.

TagEnergy has actually begun construction on a ₤ 16 million 20MW/40MWh battery storage center following Santander financing.

Supernap Thailand celebrates the official opening of its initial solar project, which will power the nation's most cutting-edge data center, to further develop its position as the most environmentally friendly colocation provider in Thailand.

Construction will now kick off at three PV sites as well as a 225MW storage facility in the Kenhardt region

Keysight Technologies commits to sustainability, partnering with Southern Power to harness solar energy and reduce its carbon footprint through a new virtual power purchase agreement.

Lightsource BP will build and operate a 240MW solar facility that will sell energy to Midwestern utility Xcel Energy to power operations at a historic Colorado steel mill for 20 years.

Adani Green Energy Limited (AGEL), part of India-based Adani Group, elevated a $1.35 billion financial obligation bundle for its under-construction eco-friendly asset portfolio via conclusive arrangements signed with a group of leading worldwide loan providers.

Altus Power Inc has actually acquired a 79-MW operating solar portfolio, taking its complete dispersed solar generation properties across the US to more than 340 MW.

Solar and storage provider Sunworks has obtained installer Solcius in a deal worth US$ 51.8 million.

China's Huawei as well as Turkey's Tosyali Holding are constructing the rooftop solar project with an investment of $71 million. The 140MW project will assist cut 116,525 MT of carbon emission from the steel market of Turkey every year.

The US Trade and Development Agency (USTDA) has agreed to finance a feasibility study for a 150MW hybrid solar, wind and battery plant in northern Zambia.