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AIP Invests in Longroad Energy's 215 MW Solar Assets
After financial investment partnership with AIP, US-based renewable resource designer Longroad Energy has shut the financing for its Little Bear Solar job.
Apr 8, 2020 // Markets & Finance News, finance, longroad energy, International, Solar Project, AIP, Kasper Hansen, Paul Gaynor
Africa renewable resource investment at 11-year low: study
Investment in renewable energy in Africa was up to its lowest level in greater than decade last year despite the continent's huge possibility, experts claimed Wednesday at the COP27 climate conference.
Nov 10, 2022 // Market Research, BNEF, Africa, COP27, Luiza Demoro
Egypt's New Energy Plans to Increase Renewable Energy Capacity by 55 GW
Egypt will certainly soon become a significant worldwide energy hub, according to the nation's elderly authority in the field. The nation inked countless projects in November that would certainly increase its current solar and wind power generation by over 55 GW.
Dec 16, 2022 // Markets & Finance News, Asia, Africa, Egypt, Mohammed Al-Khayyat
Two new solar panel factory to be developed
According to the first annual report of the Commissariat for Renewable Energies and also Energy Efficiency (Cerefe), 2 new factories for the manufacturing of photovoltaic panels will certainly quickly see the light of day in Algeria. These installments developed by Milltech and also Zergoun Green Energy can provide 260 MWp of solar panels per year.
Dec 8, 2020 // Manufacturing News, Africa, Algeria, plant
I Squared Capital to divest renewable system Grupo T-Solar for $1.8 bn.
Infrastructure financial investment administration firm I Squared Capital has actually consented to offer Grupo T-Solar to Cubico Sustainable Investments for a factor to consider of EUR1.5 bn ($ 1.8 bn).
Dec 16, 2020 // Markets & Finance News, I Squared Capital, Grupo T-Solar, Cubico Sustainable Investments, Mohamed El Gazzar
Ecuador to kick-off 500 MW renewables auction
Through the procurement exercise, the Ecuadorian government will select wind, solar and mini hydropower projects. Selected developers will be granted a 25-year PPA, while the sole off-taker of the generated energy will be state-owned utility Corporacion Electrica de Ecuador, S.A. (CELEC).
Jul 24, 2019 // Large-Scale, Commercial, PPA, Ecuador, Villonaco II, Villonaco III, El Aromo, CELEC, Corporacion Electrica de Ecuador, South america
Uruguay on the lookout for developers of 65MWp solar project
Uruguay is poised for a significant PV boost after plans emerged of a new utility-scale project, which has already secured key construction components.
Oct 1, 2019 // Plants, Large-Scale, Commercial, Grids, pv power plants, utility-scale PV, South america, Uruguay, UTE
AfDB approves €138 million package for Tunisian grid
The African Development Bank’s (AfDB) board of directors have approved a €138 million (US$154 million) investment for Tunisia’s state-run electricity distribution network.
Oct 17, 2019 // Plants, Large-Scale, Commercial, Grids, Tunisia, Africa, African Development Bank, tunisian electricity and gas company, Mohamed El Azizi
An additional solar module manufacturing facility in Algeria
Algerian telecommunications as well as renewable resource firm Milltech is intending to start generating panels at a brand-new manufacturing facility following month. The components made there will primarily be dispersed in Algeria yet the firm additionally intends to export.
Mar 11, 2020 // Manufacturing News, Africa, Algeria, Mohamed Hamoud
Statkraft to construct 234MW Spanish solar
4 PV projects are co-located within an eight-kilometre radius of each other in the Cadiz area
May 13, 2021 // Plants, Large-Scale, Commercial, Spain, Europe, Statkraft, PV Power Plant
McCarthy completes construction on 200-MW Arizona solar project set to power Microsoft data center
McCarthy Building Companies' Renewable Energy and Storage Group recently finished building and last appointing of the 200-MWdc Sun Streams 2 solar project in Maricopa County, Arizona.
Oct 11, 2021 // Plants, USA, Microsoft, North America, McCarthy, Scott Canada
Mexican head of state orders fraudulence problems against solar as well as wind firms - report
Renewable energy companies running in Mexico are to be formally charged of scams in the latest twist in a simmering conflict between the nation's federal government and also solar as well as wind programmers.
Jul 1, 2020 // Markets & Finance News, Iberdrola, neoen, Mexico, North America, policy, renewables, regulation, president, López Obrador
Oz developer indicators 7.6 GW renewables pact with Egypt
Fortescue Future Industries's framework agreement to establish projects, including green hydrogen, in the nation
Nov 16, 2022 // Storage, Solar to Fuel, Asia, Africa, Egypt, Oz, Mark Hutchinson
Uruguay launches 65 MW solar tender
Utility UTE is planning to resume solar energy development with a new large scale PV project after several years of almost zero growth.
Oct 1, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, tender, South america, Uruguay, Actis, UTE, large scale PV
Cubico takes Mexican 350MWp solar project to finish line
One of the top solar projects supported under Mexico’s now-paralysed auction scheme has been powered up, around two years after development got underway.
Oct 2, 2019 // Plants, Large-Scale, Commercial, pv power plants, auctions, Mexico, Andrés Manuel López Obrador, North America, cubico, tenders, Osvaldo Rancé, Enrique Peña Nieto