SIMEC ZEN Energy, a subsidiary of British conglomerate GFG Alliance, has launched a US$1 billion investment plan to install 1 GW dispatchable renewable energy in South Australia.
Green Investment Group (GIG), Macquarie Capital’s global green investment platform, has announced the acquisition of a significant solar development portfolio from Conergy Asia & ME.
BioTherm Energy, a South African renewable energy development platform and power producer, has reached financial close on a portfolio of wind and solar projects with a combined generation capacity of 284 MW. The total development cost of the portfolio is approximately US$500 million.
Quinbrook Infrastructure Partners has announced that it is developing a 690 MW solar project in Nevada, in the south-west of the USA. The company plans to install a photovoltaic power plant on around 44,000 acres of land located around approximately 40km northeast of downtown Las Vegas.
Acciona has announced that, alongside Tuto Energy, it has signed a financing agreement for the 404 MWp Puerto Libertad photovoltaic complex in Sonora, north-west Mexico. The two companies each own 50% stakes in the project, which will deliver one of the highest-capacity solar plants in Latin America.
CDC, the UK’s development finance institution, and Globeleq have announced a US$66 million debt investment in Malindi Solar Group, which will finance the construction of a 52MWp solar photovoltaic power plant in Malindi , south-east Kenya.
On behalf of the Zambian Ministry of Energy, the GET FiT Zambia Secretariat has announced that ten companies or consortia have been shortlisted to develop 100 MW solar photovoltaic projects in the country.
Denikon, an Italian renewables developer, and Sinosteel Corporation, a Chinese state-owned enterprise focussed mainly on metallurgy and engineering, have signed a Memorandum of Understanding (MoU) to install between 500 and 1000 MW solar photovoltaic capacity in Iran.
The Solar Energy Corporation of India (SECI) has published two Requests for Selections (RfS) for the development of 5.5 GW capacity on build-own-operate bases. One RfS seeks to award 3 GW solar photovoltaic capacity, while the other invites proposals for up to 2.5 GW generated by wind.
A tender for a total capacity of 750 MW in solar photovoltaic projects has been issued by The Maharashtra State Power Generation Company (MAHAGENCO), aiming to cater to the agricultural (AG) feeder load of various substations across the state. The deadline for submissions is July 20, 2018.
Sonnedix Japan K.K. has reached financial close on a JPY16.5 billion (US$149.36 million) non-recourse financing with Sumitomo Mitsui Banking Corporation (SMBC) for the 41.6 MW Sano solar PV plant, on behalf of the Sonnedix group of companies.
SunEQ recently announced it has reached financial close for a 5MW solar photovoltaic project in Namibia. The facility will be built in the Otjozondjupa region for Ohorongo Cement; also the Development Bank of Namibia (DBN) has helped SunEQ secure financing.
IPPToday #242: Longroad Energy Announces Sale, FC, and start of construction of the Phoebe Solar Project
Longroad Energy Holdings, LLC has announced the sale of the Phoebe solar project to Innergex Renewable Energy Inc. The project also achieved financial closing and start of construction simultaneously with the sale.
A request for proposals (RFP) to the pre-qualified applicants of the 500 MW solar tender has been issued by the Oman Power and Water Procurement Company SAOC (OPWP).
Green Power EMC and Silicon Ranch Corporation have announced an agreement to significantly expand their solar energy portfolio in Georgia, a state in the south-east of the USA. As part of the agreement, the companies will bring a 194 MW of solar energy online by 2021.
Enel Group and Industrial Development Corporation (IDC) have signed a financing agreement for around US$34 million senior loans for the construction of the 34 MW Ngonye solar plant in Zambia.
The Solar Energy Corporation of India (SECI) has published a Request for Selection (RfS) for 2.5 GW hybrid wind-solar projects. This follows the scheme's approval by the Indian President, which we reported at the end of May.
Genex Power Limited has announced it has received an indicative term sheet for a long-term concessional debt facility of up to AUD516 million (US$383.75 million) from the Northern Australia Infrastructure Facility (NAIF) Board for Stage 2 of the planned renewables complex in Kidston, northern Queensland.
EDF Renewables has announced the signing of Purchase and Sale Agreements (PSA) through which PGGM Infrastructure Fund will acquire a 50% ownership interest in wind and solar assets located in the USA with a total installed capacity of 588 MW.
Climate Fund Managers has announced the third close of Climate Investor One (CIO), one of the world’s largest renewable energy development and financing initiatives for developing country investments, at US$535 million. The fund manager has raised an additional circa US$75 million since the second close.