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NAB finalises US$150 million Low Carbon Shared Portfolio

NAB finalises US$150 million Low Carbon Shared Portfolio

🕔Jun 19, 2018

National Australia Bank (NAB) has announced that it has finalised its Low Carbon Shared Portfolio, valued at AUD200 million (US$148.7 million), with investors including the Clean Energy Finance Corporation (CEFC) and Insurance Australia Group Limited (IAG).

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Innogy partners with Birdseye to develop 440 MW solar projects in USA

Innogy partners with Birdseye to develop 440 MW solar projects in USA

🕔Jun 19, 2018

Innogy SE has signed a Joint Development Agreement with US solar developer Birdseye Renewable Energy, LLC (Birdseye) regarding 13 solar projects with a total capacity of approximately 440 MW, to be located in the south-east of the USA.

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IPPToday #234: B. Grimm Power agrees to develop largest solar project in Southeast Asia

IPPToday #234: B. Grimm Power agrees to develop largest solar project in Southeast Asia

🕔Jun 19, 2018

B. Grimm Power has signed a Development Cooperation Agreement with Vietnamese conglomerate Xuan Cau to install a 420 MW solar power plant in Tay Ninh, in the south-west of Vietnam. The company claims that it is the largest solar project to ever be developed in Southeast Asia.

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Sonnedix refinances Spanish solar portfolio for US$160 million

Sonnedix refinances Spanish solar portfolio for US$160 million

🕔Jun 18, 2018

Sonnedix has announced the close of non-recourse refinancing of a portfolio of 12 photovoltaic plants in Spain with a total installed capacity of 30.4MWp at a total value of EUR140 million (US$162.5 million).

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IPPToday #233: SoftBank to invest up to US$100 billion in Indian solar projects

IPPToday #233: SoftBank to invest up to US$100 billion in Indian solar projects

🕔Jun 18, 2018

SoftBank Group, a Japanese conglomerate, is reportedly in advanced talks with the Indian government regarding an investment in solar projects in the country of between US$60 and 100 billion.

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World Bank to loan US$125 million to solar complex in Morocco

World Bank to loan US$125 million to solar complex in Morocco

🕔Jun 14, 2018

The World Bank has announced that it is providing US$125 million to the Noor Midelt solar project in Morocco, supporting the development and construction of two concentrated solar power and photovoltaic plants, which will have a total capacity of between 600 and 800 MW.

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Ellomay Capital refinances Italian assets to invest in 300 MW Talasol project

Ellomay Capital refinances Italian assets to invest in 300 MW Talasol project

🕔Jun 5, 2018

Ellomay Capital Ltd., developer of renewable energy and power projects in Europe and Israel, has announced the close of a EUR35.9 million (US$41.9 million) project finance deal to refinance five of its subsidiaries in Italy.

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Financial close for 51 MW solar project in Jamaica

Financial close for 51 MW solar project in Jamaica

🕔Jun 5, 2018

Neoen has announced the signing of financing for Paradise Park, a 51 MWp solar photovoltaic project located in Jamaica. The company is a majority shareholder alongside MPC Caribbean Clean Energy Fund and Rekamniar Frontier Ventures.

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Largest PV project in the Netherlands reaches financial close

Largest PV project in the Netherlands reaches financial close

🕔Jun 4, 2018

German developer ib vogt and HSH Nordbank have successfully closed a EUR41 million (US$47.88 million) debt facility for a solar photovoltaic power plant, the 54.5 MWp Solarpark Scaldia, located in the municipalities of Borsele and Vlissingen in Zeeland, the Netherlands.

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IPPToday #223: More renewable capacity to be tendered in India despite multiple deadline extensions

IPPToday #223: More renewable capacity to be tendered in India despite multiple deadline extensions

🕔May 31, 2018

The Solar Energy Corporation of India (SECI) has published a Request for Selection (RfS) for 2 GW wind projects. Developers are invited to submit projects with between 50 and 300 MW capacity to be delivered on build-own-operate (BOO) bases. SECI will sign 25-year power purchase agreements (PPAs) with selected proponents.

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IPPToday #222: AfDB and partners to install 10 GW solar power  in Africa

IPPToday #222: AfDB and partners to install 10 GW solar power in Africa

🕔May 30, 2018

The African Development Bank, the Green Climate Fund (GCF) and the Africa50 investment fund signed a letter of intent to collaborate on the Desert to Power programme on the sidelines of the Bank’s Annual Meetings, Busan, Korea.

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RFEOI issued for 800 MW renewable projects in Australia

RFEOI issued for 800 MW renewable projects in Australia

🕔May 30, 2018

Snowy Hydro, an end-to-end electricity provider in Australia, has published a Request for Expressions of Interest (RFEOI) for the supply of long-term offtake arrangements from renewable energy sources - 400 MW of wind and 400 MW of solar power.

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Southern Power sells stake in solar portfolio for US$1.2 billion

Southern Power sells stake in solar portfolio for US$1.2 billion

🕔May 29, 2018

Southern Power, a wholesale energy provider in the USA and subsidiary of Southern Company, has announced that it has entered into an agreement to sell a 33% minority interest in its solar portfolio to Global Atlantic Financial Group Limited for a purchase price of US$1.175 billion.

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IPPToday #221: 2.5 GW hybrid wind-solar projects to be auctioned in India

IPPToday #221: 2.5 GW hybrid wind-solar projects to be auctioned in India

🕔May 29, 2018

A scheme to install 2.5 GW of hybrid wind-solar projects in India, proposed by the Ministry of New and Renewable Energy (MNRE), has been approved by the President. The projects will be developed by private entities on build-own-operate (BOO) bases, with PPA contracts awarded through bidding processes.

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IFC to advise Uzbekistan on 100 MW solar project tender

IFC to advise Uzbekistan on 100 MW solar project tender

🕔May 28, 2018

IFC, a member of the World Bank Group, has signed a mandate with the government of Uzbekistan to advise the structuring of a tender for the construction and operation of a 100 MW solar plant.

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50 MW solar project in Kazakhstan secures funding from EBRD and ADB

50 MW solar project in Kazakhstan secures funding from EBRD and ADB

🕔May 23, 2018

United Green, a privately-owned strategic investment group, has secured a debt financing package to fund the construction of a 50 MW solar power plant in Baikonur in central Kazakhstan from the European Bank for Reconstruction and Development (EBRD)Clean Technology Fund (CTF) and the Asian Development Bank (ADB).

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First Solar closes financing for 87 MW solar project in New South Wales

First Solar closes financing for 87 MW solar project in New South Wales

🕔May 21, 2018

First Solar has achieved financial close of the Beryl Solar project, which involves the construction of an 87 MW solar photovoltaic (PV) power plant in New South Wales, south-east Australia.

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IPPToday #215: US$758 million financing secured for first CSP-PV project in Latin America

IPPToday #215: US$758 million financing secured for first CSP-PV project in Latin America

🕔May 21, 2018

Cerro Dominador, a project company owned by funds managed by EIG Global Energy Partners (EIG), has announced that it has signed financing agreements for its 210 MW solar project in Chile, securing US$758 million from a group of both local and international financiers.

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Albioma refinances solar portfolio for US$130 million

Albioma refinances solar portfolio for US$130 million

🕔May 17, 2018

Albioma Solar Réunion has completed the refinancing of a portfolio of solar photovoltaic projects located in French overseas departments in the Indian Ocean and has established credit facilities to finance new projects in the same area over the next 18 months.

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IPPToday #213: 1,750 MW solar capacity awarded in India

IPPToday #213: 1,750 MW solar capacity awarded in India

🕔May 17, 2018

The results of two solar auctions in India have been released this week, with a total of 1,750 MW allocated to nine developers.

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