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IPPToday #328: CMI of Belgium to supply World's tallest solar tower in Dubai

IPPToday #328: CMI of Belgium to supply World's tallest solar tower in Dubai

🕔Dec 12, 2018

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.

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IPPToday #327: Carlyle Group acquires 3 New England gas-fired plants for U$590 M

IPPToday #327: Carlyle Group acquires 3 New England gas-fired plants for U$590 M

🕔Dec 10, 2018

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.

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IPPToday #326: Enel secures financing for 1 GW solar projects in Mexico

IPPToday #326: Enel secures financing for 1 GW solar projects in Mexico

🕔Dec 5, 2018

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.

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IPPToday #325: Financial close for 487 MW offshore wind project in Belgium UPDATED

IPPToday #325: Financial close for 487 MW offshore wind project in Belgium UPDATED

🕔Dec 4, 2018

Otary, a Belgian offshore wind development platform, has announced that the 487 MW SeaMade offshore wind project has reached financial close.

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IPPToday #324: AfDB approves financing for US$800 million CSP project in South Africa

IPPToday #324: AfDB approves financing for US$800 million CSP project in South Africa

🕔Nov 30, 2018

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.

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IPPToday #323: EDPR, Mitsubishi and Engie secure over US$3 billion financing for UK offshore wind project

IPPToday #323: EDPR, Mitsubishi and Engie secure over US$3 billion financing for UK offshore wind project

🕔Nov 28, 2018

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.

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IPPToday #322: Developers announce awards totalling 500 MW in Polish renewables auction

IPPToday #322: Developers announce awards totalling 500 MW in Polish renewables auction

🕔Nov 26, 2018

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).

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IPPToday #321: NORD/LB arranges financing for 475 MW wind project in Sweden

IPPToday #321: NORD/LB arranges financing for 475 MW wind project in Sweden

🕔Nov 22, 2018

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).

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IPPToday #320: Equitix to acquire 25% stake in 220 MW coal conversion project in Wales

IPPToday #320: Equitix to acquire 25% stake in 220 MW coal conversion project in Wales

🕔Nov 21, 2018

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).

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IPPToday #319: Financial close for Saudi Arabia's first utility scale renewable energy project

IPPToday #319: Financial close for Saudi Arabia's first utility scale renewable energy project

🕔Nov 19, 2018

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.

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IPPToday #318: Tilt Renewables achieves financial close of US$400 million wind project in Australia

IPPToday #318: Tilt Renewables achieves financial close of US$400 million wind project in Australia

🕔Nov 16, 2018

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).

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IPPToday #317: MoU signed for 2 GW solar steam project in Oman

IPPToday #317: MoU signed for 2 GW solar steam project in Oman

🕔Nov 14, 2018

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.

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IPPToday #316: New York launches RFP for 800 MW offshore wind projects

IPPToday #316: New York launches RFP for 800 MW offshore wind projects

🕔Nov 12, 2018

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).

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IPPToday #315: US$400 million offshore transmission project in the UK reaches financial close

IPPToday #315: US$400 million offshore transmission project in the UK reaches financial close

🕔Nov 9, 2018

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.

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IPPToday #314: SIMEC Atlantis advances plans for world’s first power station conversion from coal to 100% waste derived fuel

IPPToday #314: SIMEC Atlantis advances plans for world’s first power station conversion from coal to 100% waste derived fuel

🕔Nov 7, 2018

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.

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IPPToday #313: Snowy Hydro contracts 888 MW wind and solar power in Australia

IPPToday #313: Snowy Hydro contracts 888 MW wind and solar power in Australia

🕔Nov 6, 2018

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.

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IPPToday #312: Kazakhstan awards over 850 MW capacity in 2018 renewables auctions

IPPToday #312: Kazakhstan awards over 850 MW capacity in 2018 renewables auctions

🕔Nov 2, 2018

Kazakhstan Electricity and Capacity Market Operator (KOREM) has announced that it has contracted 857.93 MW of renewable energy this year through auctions.

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IPPToday #311: SIMEC Atlantis Energy to develop 2 GW tidal energy project in France

IPPToday #311: SIMEC Atlantis Energy to develop 2 GW tidal energy project in France

🕔Oct 31, 2018

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.

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IPPToday #310: Gulf Energy Development cements participation in US$480 million power project in Oman

IPPToday #310: Gulf Energy Development cements participation in US$480 million power project in Oman

🕔Oct 30, 2018

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.

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IPPToday #309: UK council issues RFEOI for US$2 billion tidal energy project

IPPToday #309: UK council issues RFEOI for US$2 billion tidal energy project

🕔Oct 29, 2018

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.

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