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EIB approves loan for biomass project in Spain

EIB approves loan for biomass project in Spain

🕔Apr 19, 2018

Greenalia has announced the European Investment Bank has approved a senior loan up to EUR60 million (US$ 74million) for a 50 MW biomass power project that it is developing in Spain.

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Financial close for 25 MW biomass project in South Africa

Financial close for 25 MW biomass project in South Africa

🕔Apr 18, 2018

Sappi and Fusion Energy have reached financial close on the 25 MW Ngodwana Energy Biomass Project, the first biomass project procured under South Africa's Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).

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ICBC to arrange US$1.5 billion debt financing for 700 MW solar project in Dubai

ICBC to arrange US$1.5 billion debt financing for 700 MW solar project in Dubai

🕔Apr 18, 2018

ACWA Power has announced that ICBC is acting as the mandated lead arranger for a US$1.5 billion senior loan for the fourth phase of the Mohamed bin Rashid Solar Park, the largest thermo-solar power plant in the world. Financial close is expected shortly.

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Acciona wins US$400 million solar project in Queensland

Acciona wins US$400 million solar project in Queensland

🕔Apr 17, 2018

The Minister for State Development, Manufacturing, Infrastructure and Planning of the state government of Queensland has signed an Agreement for Lease with Acciona for 1,250 hectares of state-owned land at Aldoga, Gladstone region, on which the company will install a 265 MW solar farm.

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Financing secured for 100 MW solar project in Mexico

Financing secured for 100 MW solar project in Mexico

🕔Apr 17, 2018

JinkoSolar has secured financing for the Viborillas solar project, which involves the development of a 100 MW ground-mounted solar farm in Yucatán state, Mexico. Lenders are providing a US$108 Million syndicated loan to the project company.

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Lebanon launches RFEOI for 300 MW solar and storage projects

Lebanon launches RFEOI for 300 MW solar and storage projects

🕔Apr 16, 2018

Lebanon’s Center for Energy Conservation (LCEC) has issued a Request for Expresions of Interest (RFEOI) for the design, development, financing, construction and operation of photovoltaic parks with between 210 MWp and 300 MWp capacity and battery storage, at various locations throughout Lebanon as selected by the developers.

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Evergaz and Meridiam to develop 30 biogas plants in Europe

Evergaz and Meridiam to develop 30 biogas plants in Europe

🕔Apr 16, 2018

Evergaz has partnered with Meridiam Transition, a fund dedicated to the ecological transition in European infrastructures, to develop, own and operate thirty biogas plants in Europe by 2020.

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PPA signed for subsidy-free 170 MWp solar project in Spain

PPA signed for subsidy-free 170 MWp solar project in Spain

🕔Apr 13, 2018

BayWa r.e. has secured a long-term Power Purchase Agreement (PPA) for the Don Rodrigo solar plant, located in Andalusia in the south of Spain, enabling the developer to proceed with the construction of the plant. This advances the development of one of the first solar projects of this size in Europe without any subsidies.

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Financing secured for expansion of power plant in Chile

Financing secured for expansion of power plant in Chile

🕔Apr 13, 2018

GE Energy Financial Services has announced that it has secured US$150 million project financing to refinance and expand the Los Guindos open-cycle thermoelectric power plant in central Chile, which has been in operation since July 2015 at 139 MW capacity.

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Engie wins 200 MW wind project in Tamil Nadu

Engie wins 200 MW wind project in Tamil Nadu

🕔Apr 12, 2018

ENGIE has announced that it has won a 25-year power purchase agreement (PPA) for a 200 MW wind project in Tamil Nadu, a state in the south of India.

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LNG Canada to benefit from Government of British Columbia's latest tax cuts

LNG Canada to benefit from Government of British Columbia's latest tax cuts

🕔Apr 11, 2018

The government of British Columbia has announced new conditions and tax rebates for liquefied natural gas (LNG) projects in the province, in a suspected bid to prompt the final investment decision of the LNG Canada project, which was delayed indefinitely in July 2016.

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Financial close for 50MW thermal power plant in Guinea

Financial close for 50MW thermal power plant in Guinea

🕔Apr 10, 2018

With support from the Overseas Private Investment Corporation (OPIC) and CDC, the development finance institutions of the USA and UK respectively, the Tè Power project has reached financial close. Tè Power Company S.A.S.U., owned by Endeavour Energy, will construct a 50MW thermal power plant in Conakry, the capital city of Guinea.

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EDPR secures PPA for 200 MW solar project in USA

EDPR secures PPA for 200 MW solar project in USA

🕔Apr 10, 2018

EDP Renewables (EDPR) has secured a power purchase agreement (PPA) with Hoosier Energy Rural Electric Cooperative, Inc., enabling the development of the 200 MW Riverstart Solar Park in Randolph County, Indiana, USA. 

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JAG raises financing for 16.6 MW PV project in Tochigi

JAG raises financing for 16.6 MW PV project in Tochigi

🕔Apr 9, 2018

NEC Capital Solutions Ltd is providing a syndicated loan of JPY2.8 billion (US$26.4 million) to Japan Asia Group Ltd (JAG) for the construction of a 16.6 MW solar power plant in Sano city, Tochigi prefecture.

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Fotowatio wins Armenia's first solar project

Fotowatio wins Armenia's first solar project

🕔Apr 9, 2018

The Ministry of Energy Infrastructure and Natural Resources​ of the Government of Armenia has announced that Fotowatio Renewable Ventures (FRV) has been selected as the winning bidder in a tender for the construction of a 55 MW solar park in the Gegharkunik province of the country.

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JBIC finances geothermal project in Indonesia

JBIC finances geothermal project in Indonesia

🕔Apr 6, 2018

The Japan Bank for International Cooperation (JBIC) has signed a loan agreement with PT Supreme Energy Rantau Dedap (SERD) for project finance amounting up to approximately US$188 million for the Rantau Dedap Geothermal Power Project in Indonesia. SERD is an Indonesian company partially owned by Marubeni Corporation and Tohoku Electric Power Co., Ltd.

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Tender launched for 200 MW solar projects in Odisha

Tender launched for 200 MW solar projects in Odisha

🕔Apr 5, 2018

The Government of Odisha, through its renewable energy promotion agency GRIDCO, has issued a Request for Selection (RfS) for the development of 200 MW grid-connected solar photovoltaic power projects to be set up in Odisha, a state in the east of India. Responses are invited until 29 April 2018.

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148 MW wind farm in Texas reaches financial close

148 MW wind farm in Texas reaches financial close

🕔Apr 4, 2018

Tri Global Energy has announced the closing of project financing and start of construction for the Blue Cloud Wind Energy Project, with co-developer Copenhagen Infrastructure Partners (CIP) making an undisclosed equity investment in the project.

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Fortum to purchase 312 MW wind power in Finland

Fortum to purchase 312 MW wind power in Finland

🕔Apr 3, 2018

Fortum has signed an agreement to purchase the entire annual wind power production from Taaleri’s portfolio in Finland. The total installed capacity of the portfolio is 312 MW, and its annual output is approximately 1 TWh, which represents around 1.5% of Finnish electricity production in 2017.

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Mexico announces fourth energy auction

Mexico announces fourth energy auction

🕔Apr 3, 2018

The Energy Regulatory Commission (CRE) and National Centre for Energy Control (CENACE) of Mexico have launched the country's fourth long-term renewable energy auction. The objective of this auction is to add 13,000 MW of generation capacity and 38 TWh of clean energy to the Mexican electricity market by 2021.

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