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Marubeni and Jinko achieve financial close on the Sweihan solar project

Marubeni and Jinko achieve financial close on the Sweihan solar project

🕔May 25, 2017

JinkoSolar Holding Co and Marubeni have reached the financial closure for their 1777-MW Sweihan Solar PV Independent Power Project located in Abu Dhabi.

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Renova cancels 188 MW of wind projects in Brazil

Renova cancels 188 MW of wind projects in Brazil

🕔May 25, 2017

Brazil's renewable power generation company Renova Energia SA has announced it has canceled 188.2  MW of wind projects in Brazil.

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DONG Energy to divest its upstream oil and gas business

DONG Energy to divest its upstream oil and gas business

🕔May 25, 2017

DONG Energy has agreed to divest the entire share capital of DONG E&P A/S to INEOS for an unconditional payment of US$1,050 million on a cash and debt free basis, a contingent payment of US$150 million related to the Fredericia stabilisation plant and a contingent payment of up to US$100 million subject to the development of the Rosebank field.

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Meridiam, Caisse des Dépôts invest in French floating wind farm

Meridiam, Caisse des Dépôts invest in French floating wind farm

🕔May 24, 2017

The Caisse des Dépôts and MERIDIAM have signed their investment in the project company "Groix & Belle-Île floating wind turbines", a major milestone for the development of the French wind farm project.

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Germany's first onshore wind tender awards 807 MW

Germany's first onshore wind tender awards 807 MW

🕔May 24, 2017

The Federal Network Agency (Bundesnetzagetur) has announced that it has accepted a total of 70 successful bids for the development of onshore wind energy projects totalling 807 MW.

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Forestalia selects GE to provide 1,200 MW of wind power in Spanish 3GW auction

Forestalia selects GE to provide 1,200 MW of wind power in Spanish 3GW auction

🕔May 23, 2017

The Forestalia Group, through the Sociedad Aragonesa Transeuropea de Energías Renovables, has been awarded a contract by Spain’s Ministry of Energy, Tourism and Digital Agenda to develop a 1,200 MW wind farm in Aragón.

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IIC to finance a transmission line in Uruguay

IIC to finance a transmission line in Uruguay

🕔May 23, 2017

The Inter-American Investment Corporation (IIC) continues to support energy generation from renewable sources in Uruguay with the approval of a US$56 million financing package for a 500 Kv transmission line between the cities of Melo and Tacuarembó.

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Enel/Endesa awarded 540 MW of wind capacity in Spanish 3GW auction

Enel/Endesa awarded 540 MW of wind capacity in Spanish 3GW auction

🕔May 22, 2017

Enel, acting through its Spanish subsidiary Endesa’s renewable company Enel Green Power España (EGPE), has been awarded 540 MW of wind power capacity in Spain, following the tender for 3,000 MW of renewable energies.

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Atlantis signs partnership with Hyundai on ocean power projects

Atlantis signs partnership with Hyundai on ocean power projects

🕔May 22, 2017

Atlantis, a global developer of renewable energy projects, has signed a Strategic Partnership Agreement (SPA) with South Korean offshore construction company Hyundai Engineering & Construction Co. regarding collaborating on the development of ocean power renewable projects globally. 

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Vietnamese province green-lights 30 MW solar plant

Vietnamese province green-lights 30 MW solar plant

🕔May 22, 2017

Vietnam's north-central province of Thanh Hoa is set to build a new 30 MW solar energy plant financed entirely by domestic sources with total investment of VND800 billion (US$35 million).

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NorthWestern Energy launches RFP for renewable projects in Montana

NorthWestern Energy launches RFP for renewable projects in Montana

🕔May 19, 2017

NorthWestern Corporation d/b/a NorthWestern Energy has issued a Request For Proposals (RFP) seeking up to 45 MW of renewable generation owned by Montana residents.

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Posco Energy to invest in 1,200MW thermal power plant in Vietnam

Posco Energy to invest in 1,200MW thermal power plant in Vietnam

🕔May 19, 2017

POSCO Energy Co. has signed a memorandum of understanding (MOU) agreement on with Nghe An provincial government to develop the Quynh Lap II thermal power plant project in Vietnam.

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Dong Energy inaugurates Burbo Bank Extension

Dong Energy inaugurates Burbo Bank Extension

🕔May 18, 2017

DONG Energy has announced that Burbo Bank Extension offshore wind farm has been inaugurated in Liverpool (UK).

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ADB issues green bond to support renewable energy in India

ADB issues green bond to support renewable energy in India

🕔May 18, 2017

The Asian Development Bank (ADB) has raised INR3 billion (US$47 million), from a new issue of offshore Indian Rupee-linked bonds to help finance climate change mitigation and adaptation projects in India.

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Belltown Power closes £47 MM wind refinancing

Belltown Power closes £47 MM wind refinancing

🕔May 18, 2017

Belltown Power has announced that it has concluded the refinancing of Tirgwynt wind farm with senior debt provided by Barclays.

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Solarpack raises US$104 million in financing for projects in Chile and India

Solarpack raises US$104 million in financing for projects in Chile and India

🕔May 17, 2017

Solarpack has raised a total of USD$104 million for nine PV plants in Chile and India.

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IFC supports largest wind power plant in Pakistan

IFC supports largest wind power plant in Pakistan

🕔May 17, 2017

IFC, a member of the World Bank Group, is providing US$66 million, and mobilizing a further US$172 million, in a landmark transaction to help build Pakistan’s largest wind power farm, to address severe energy shortages and boost the development of renewable energy. 
 

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San Diego water board looking into pumped storage hydro

San Diego water board looking into pumped storage hydro

🕔May 16, 2017

The San Diego County Water Authority board of directors has authorized the Water Authority, in conjunction with the City of San Diego, to begin seeking detailed proposals for a potential energy storage facility at San Vicente Reservoir.

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Fortis to buy interest in a hydro project from Teck Resources

Fortis to buy interest in a hydro project from Teck Resources

🕔May 16, 2017

Fortis Inc.and Teck Resources Limited have announced an agreement under which Fortis will purchase Teck’s two-thirds interest in the Waneta Dam and related transmission assets in British Columbia, Canada, for CAD1.2 billion cash (US$878 million).

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EnBW speeds up offshore wind project

EnBW speeds up offshore wind project

🕔May 16, 2017

EnBW Energie Baden-Württemberg AG has given the green light for the 112 MW EnBW Albatros offshore wind farm and  has approved the final decisions taken regarding construction and investment.

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