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Actis' BTE Renewables has secured MIGA guarantee for its equity investments in 75-MW South African solar power plant awarded in Round 3 of REIPPP. BTE Renewables, owned by UK growth markets investor Actis, specializes in utility-scale wind and solar projects across Africa and has been sold to French utility Engie SA and Meridiam.

UK investment firm VH Global Lasting Energy Opportunities (LON: GSEO) has actually settled the purchase of a 10.9-MW solar farm site in Queensland, Australia, spending GBP 5.9 million (USD 7.8 m/EUR 6.9 m), the firm stated today.

Japanese renewables programmer Shizen Energy Inc stated on Friday its subsidiary Shizen International Inc has actually collaborate with Kyuden International Corp to collaborate in the renewable resource company with a concentrate on Southeast Asia.

Spanish utility Endesa SA (BME: ELE) claimed on Monday that it has actually signed a ten-year contract to provide 100% renewable power to resort chain Hoteles Santos and all of its establishments in Spain.

Japanese powerhouse J-Power secures FIRB approval for AUD 1.04 billion acquisition of Genex Power, signaling a major move in the Australian renewables sector.

A round-up of the current news from the United States solar market, consisting of information from National Grid, Enact Systems as well as Inovateus Solar.

Brookfield Asset Management boosts PosiGen with an impressive $200 million investment, fueling solar expansion and empowering underserved communities with sustainable energy solutions.

The French power regulator has actually expanded the optimum allowed range between participants of an energy community from 2 kilometres to 20 km.

Vietnamese firm Da Nhim–Ham Thuan–Da Mi (DHD), a subsidiary of national utility EVN, has bagged a US$37 million loan from the Asian Development Bank (ADB) for a 47.5MW floating solar project that is claimed to be the first and largest such project in the Southeast Asian nation.

The Dubai Electricity as well as Water Authority (Dewa) introduced that it will be investing $11 billion as capital expenditure over the next 5 years. Under the Dubai Clean Energy Strategy, Dubai targets to obtain 75% of its energy requirements only from clean energy sources by 2030.

A 100MWh gravity-based energy storage system established by Energy Vault is expected to begin building and construction in China in the second quarter of this year, the Swiss-American startup has actually claimed.

The Liquid Metal technology battery maker hopes to see business growth quickly. SES was founded in 2012 and also quickly became an integrated Li-Metal battery supplier with strong capabilities in material, cell, module, AI-powered security algorithms and also recycling.

Solar software company Raptor Maps has closed a US$ 22 million Series B increase that will be made use of to more create its Raptor Solar software platform, created to allow utility-scale as well as commercial as well as industrial (C&I) solar companies to make better use their data.

Redeux Energy Partners sells a groundbreaking hybrid solar-storage project in Kentucky, advancing renewable energy goals while eyeing a robust pipeline of future innovations.

Toulouse-based Solveo Energies secures €98 million from Mirova’s Energy Transition 6 fund to fast-track solar, wind and agrivoltaic projects and lift capacity to 800 MW by 2030.