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RWE Greek joint venture targets 2GW solar
Developer has joined pressures with power energy PPC and aims to start operating initial projects in 2023
Oct 7, 2021 // Plants, Greece, Europe, rwe renewables, Katja Wunschel, solar project pipeline
EDF Grows C&I Presence with SAS Energy Buy
EDF Renewables UK expands its commercial and industrial presence with the acquisition of SAS Energy, a British solar installer. SAS Energy owns a portfolio of 45 projects in development and under construction, and EDF will now offer financed and capital-funded projects in the solar, electric vehicle, and battery storage sectors.
Sep 21, 2023 // Markets & Finance News, UK, Europe, EDF Renewables, SAS Energy
MIGA Backs BTE Investment in S. African Solar
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.
Aug 2, 2023 // Markets & Finance News, Africa, Actis, South Africa, bte renewables, MIGA
UN fund gets behind plan to unlock finance for South African renewables
UN money will help South African PV players underpin project revenues without the need to resort to the government, after a year when Eskom’s woes have cast doubts on the state-offtaker route.
Oct 9, 2019 // Markets & Finance News, Africa, eskom, green climate fund, embedded pv, un, dbsa, Yannick Glemarec
Acciona turns on 62MWp PV plant, hits 536MW renewables milestone in Chile
Acciona has commissioned a 54.2MW / 62MWp PV plant in the Atacama desert, bringing its total renewables operating capacity in Chile to 536MW.
Dec 19, 2019 // Plants, Large-Scale, Commercial, pv power plants, Chile, South america, Latin america, atacama, large-scale pv, Acciona, utility scale, José Ignacio Escobar
US Interior assistant revokes Trump-era energy plans to assist renewables shift
The United States Department of the Interior (DOI) has actually developed a new Climate Task Force to increase the adoption of renewable energy generation throughout the nation and also withdrawed numerous Trump management policies advertising fossil fuels on public land.
Apr 19, 2021 // Markets & Finance News, Policy, USA, Trump administration, North America, doi, department of energy, president biden, biden administration, federal energy regulatory commission, department of interior, federal policy, us renewables
Rhode Island is first state to achieve 100% renewables in ten years
The smallest American state sets the largest clean energy targets.
Jan 21, 2020 // Grids, Solar, USA, North America, Rhode, Providence Plantations, Rhode Island
Solar secures just 5 MW in Italy’s first 500 MW renewables auction
Only one 5 MW solar project was selected in the 500 MW auction, while wind project developers secured the remaining 495 MW. Final price for the selected solar park was €50/MWh.
Jan 29, 2020 // Markets & Finance News, Italy, Europe, auction, GSE
Virtually 16 GW of renewables projects accumulated in Colombia in 2019-2021
Colombia has 15,893 MW of recurring renewable resource projects in the advancement pipeline, according to the current stats released by the mining as well as energy preparation unit UPME with May 31 as the cut-off date.
Jun 10, 2021 // Markets & Finance News, South america, Colombia
Voya IM gets to USD-300m closing of renewables financial debt fund
The possession management arm of investment as well as insurer Voya Financial Inc (NYSE: VOYA) has finished the first close of its new renewables-focused framework financial obligation fund, getting over USD 300 million (EUR 246.7 m) in dedications.
Jun 11, 2021 // Markets & Finance News, Matt Toms, Voya IM
Matrix Renewables to get 300 MW of Iberian solar projects from Alten
Matrix Renewables, the renewable energy platform backed by property manager TPG, has actually signed a bargain to acquire a 300-MW solar project portfolio in the Iberian Peninsula from Alten Renewable Energy.
Jun 15, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, Spain, Portugal, Europe, solar projects, Matrix Renewables, Alten
EIB approves EUR 1.4 bn in funding for renewables in Europe, Africa
The European Investment Bank (EIB) has approved EUR 1.4 billion (USD 1.67 bn) in funding for renewable resource, the EUR lender announced on Thursday.
Jun 18, 2021 // Markets & Finance News, Europe, Africa, european investment bank, eib
AES Andes sells 49% risk in 734-MW renewables portfolio to GIP
Latin American power business AES Andes SA claimed that it has marketed a 49% risk in its renewable energy affiliate in Chile to money manager Global Infrastructure Partners (GIP) for USD 441 million (EUR 373.5 m).
Jul 16, 2021 // Markets & Finance News, Solar Park, AES Andes
BayWa r.e. targets sale of renewables projects completing 1.1 GW in 2021
BayWa r.e. is on track to market 1.1 GW of solar as well as wind projects in 2021 as the renewables developer and PV devices distributor expects to improve growth tape-recorded in the very first half of the year.
Aug 6, 2021 // Plants, Large-Scale, Commercial, Markets & Finance News, baywa r.e.
Avacon, SAB WindTeam to invest EUR 500m in renewables in Lower Saxony
German energy business Avacon AG as well as project programmer SAB WindTeam GmbH have actually signed up with pressures to invest greater than EUR 500 million (USD 548.45 m) in onshore wind and solar projects in Lower Saxony.
Apr 6, 2022 // Markets & Finance News, Germany, Europe, Avacon, SAB WindTeam