CMI has been awarded a contract for engineering and supplying a receiver for the 950 MW Phase IV of Mohammed bin Rashid Al Maktoum Solar Park in Dubai.
IPP Today News
The Carlyle Group has agreed to acquire Emera’s three natural gas-fired generation facilities in New England for $590 million. The seller is Emera Inc. J.P. Morgan provided financial advice on the deal. The transaction is expected to to close in the first quarter of 2019.
The European Investment Bank (EIB) has announced that it has signed an US$87 million loan to part-finance three photovoltaic (PV) solar power plants in Mexico, with a total installed capacity of 1,088 MWp.
Otary, a Belgian offshore wind development platform, has announced that the 487 MW SeaMade offshore wind project has reached financial close.
The African Development Bank (AfDB) has announced that its Board of Directors has approved a senior loan of ZAR3 billion (US$228.6 million) to the 100 MW Redstone Concentrated Solar Power (CSP) Project. The total cost of the project is US$789 million.
IPPToday #323: EDPR, Mitsubishi and Engie secure over US$3 billion financing for UK offshore wind project
EDP Renováveis S.A. (EDPR), through its subsidiary EDPR UK Limited, Diamond Generating Europe Limited (DGE) and ENGIE have announced that Moray Offshore Windfarm (East) Limited (MOWEL) has successfully secured financing for the construction of an 950 MW offshore wind farm.
Several companies have announced their success in the Energy Regulatory Office (URE) of Poland's latest renewables auction. Supply contracts were awarded to 31 wind and solar projects proposed by 23 companies, representing more than 41.997 TWh of electricity and worth approximately PLN8.24 billion (US$2.18 billion).
NORD/LB Norddeutsche Landesbank has announced that it has successfully arranged project financing for the 475 MW Nysäter wind farm project in Sweden of around EUR375 million (~US$430 million).
Atlantis has announced that it has signed a Heads of Terms to sell a 25% shareholding in Uskmouth Power Station to Equitix for a cash consideration of GBP32.9 million (US$42.2 million).
ACWA Power has announced the successful financial closure of the approximately SAR1.2 billion (US$320 million) Sakaka solar project, the first ever utility scale renewable energy project to be developed in Saudi Arabia.
Tilt Renewables has announced that the 336 MW Dundonnell Wind Farm located in Western Victoria, south-east Australia, has successfully reached financial close. The project is expected to cost AUD560 million (US$404.2 million).
GlassPoint Solar and Occidental of Oman have signed a Memorandum of Understanding (MoU) to develop a large solar thermal energy plant, exceeding 2 GW, at the Mukhaizna oilfield in the Sultanate of Oman.
New York State Energy Research and Development Authority (NYSERDA) has launched its first request for proposals (RFP) for offshore wind energy, seeking to procure 800 MW or more of offshore wind renewable energy certificates (ORECs).
Transmission Capital Partners (TCP), a consortium comprising International Public Partnerships Limited (INPP), Amber Infrastructure Group and Transmission Investment, has successfully reached financial close for the long-term ownership and operation of the transmission link to the 402 MW Dudgeon offshore wind farm in the North Sea.
IPPToday #314: SIMEC Atlantis advances plans for world’s first power station conversion from coal to 100% waste derived fuel
SIMEC Atlantis Energy Limited has announced that it is advancing its ﬂagship Uskmouth Power Station conversion project in Wales. The power station will be converted from coal power to generate electricity from 100% waste-derived energy pellets, a world first.
Australian energy provider Snowy Hydro has announced that it has signed Power Purchase Agreements (PPA) for eight wind and solar projects totalling 888 MW. Located across New South Wales and Victoria, states in the south-east of Australia, the projects are expected to generate about 2.8 terawatt hours of energy annually.
Kazakhstan Electricity and Capacity Market Operator (KOREM) has announced that it has contracted 857.93 MW of renewable energy this year through auctions.
SIMEC Atlantis Energy has announced the formation of a joint venture company, Normandie Hydrolienne, for the purpose of developing a large-scale tidal energy project in the Alderney Race, also known as Raz Blanchard, an eight-mile (13km) strait that runs between Alderney, an island in the English Channel, and La Hague, France.
IPPToday #310: Gulf Energy Development cements participation in US$480 million power project in Oman
Gulf Energy Development (GED) has announced that it has completed the acquisition of a 45% stake in Duqm Power Company (DPC) from the Oman Oil Company (OOC), a wholly-owned subsidiary of the Omani government. DPC has been established to develop a 326 MW independent power and water project in the Duqm Special Economic Zone of Oman.
Swansea Council has announced that it is seeking a partner for the delivery of the Swansea Bay tidal lagoon development. It is inviting both corporates and consortia to submit expressions of interest (EOIs) for Lagoon 2.0 - a re-formatted version of a 320 MW project proposed by Tidal Lagoon Power. In development for several years, the project was terminated earlier this year after the UK government refused to grant it any subsidies.