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A project for a 20-MW solar power plant near Hurghada on Egypt's Red Sea shore is making progress with construction readied to start by the end of 2022, newspaper Al-Masry Al-Youm reports, citing sources from the nation's New and also Renewable Energy Authority (NREA).

Onde SA (WSE: OND), the renewables construction business of Polish group Erbud SA (WSE: ERB), claimed it has obtained a PLN 56 million (USD 13m/EUR 12m) loan from Polish lender mBank to finance an 18-MW solar photovoltaic or pv (PV) Cyranka portfolio in Poland.

A collaboration has actually been developed to construct as well as operate a 2.5-MW electrolysis unit for the production of green hydrogen in the Ghent port area in Belgium.

Oil and also gas significant Shell has released the Shell Energy brand in Brazil as well as has actually dedicated to investing R$ 3 billion (US$ 570 million) in renewables in the nation by the end of 2025.

Distributed solar specialist DSD has increased US$ 85 million in tax obligation equity funding to fund the development of its commercial as well as industrial (C&I) project pipe.

United States solar suppliers behind the controversial anti-circumvention petition have said they are "reviewing all choices" and could refile petitions in the future.

Spanish renewables designers Dominion Energy SL and its associate Bas Projects Corporation SL provided over the weekend their 50-MW solar farm that they have actually been building for the past year in the Dominican Republic.

Sunco Capital has actually safeguarded a handle oil significant Shell. The power will certainly be given by 2 solar parks Sunco is developing near Ciudad Real, in southerly Spain.

Japanese gas energy Tokyo Gas has actually revealed its entrance to the United States solar market, obtaining a potential 500MWac solar ranch in Texas.

Investment firm Blackstone has actually created a brand-new portfolio firm that will finance and also possess dispersed energy assets concentrated on business, commercial and institutional customers.

Fontus Renewables picked the firm to carry out the EPC and also O&M contracts for 8 projects

US renewable energy player Pristine Sun Corporation has announced a $250 million capital commitment from strategic private equity and family office investors to develop renewable energy projects. This will allow the firm to develop, finance, and build up to 5 GW of its solar projects.

Origis Energy secures USD-344m loan from MUFG to finance a 200 MWac solar and 200 MWh energy storage project in Lowndes County, Mississippi. The project will provide 500 MWac of solar and 600 MWh of battery storage, supplying electricity with grid resiliency for a 25-year period. Construction has already started.

Solar projects with an incorporated ability of approximately 1 GW, mostly in the Thessaly region of Greece, will certainly be fast-tracked and also taken into consideration strategic financial investments, the federal government said last week.

China Three Gorges South Asia Investment has wholly obtained Dubai-based Alcazar Energy Partners' portfolios in Egypt and Jordan, totalling 411MW.