Maoneng Australia has announced that it has achieved financial close for the 255 MWp Sunraysia Solar Farm, located in New South Wales, south-east Australia.
The project company for the Asian Renewable Energy Hub has announced that Macquarie Group has agreed to join the consortium developing the project and provide development capital. Macquarie's consortium partners for the over 11 GW project are Intercontinental Energy, Vestas and CWP Energy Asia.
IPPToday #296: German government announces new tenders for over 8 GW solar and wind capacity by 2020
The government of Germany has passed a resolution to tender over 8 GW solar and wind capacity in the next two years.
Enel, acting through its renewables subsidiary Enel Green Power (EGP), has closed the sale of 80% of the share capital of eight special purpose vehicles (SPVs), which own a combined 1.8 GW renewable capacity in Mexico, to the Caisse de dépot et placement du Québec (CDPQ) and the investment vehicle of the pension fund CKD Infraestructura México (CKD IM), an investment vehicle of some of the largest pension funds in Mexico.
Consolidated Edison, Inc. (more commonly known as Con Edison) has announced that one of its subsidiaries has agreed to acquire 981 MW AC of operating renewable energy generation projects from a subsidiary of Sempra Energy. The purchase price is US$1.54 billion (subject to closing adjustments, including working capital).
The Kuwait National Petroleum Company (KNPC) has launched a tender for the design, construction, commissioning, operation and maintenance of the Al-Dibdibah solar project. The project will comprise five solar generating units (SGUs), which can each have a maximum capacity of 300 MW (AC).
REDEN Solar has announced that it has successfully completed the refinancing of its Portuguese and Spanish assets, raising a total of EUR100.5 million (US$116.60 million) in the process.
The European Bank for Reconstruction and Development (EBRD) has announced that it is providing a financing package of up to US$102 million to the renewable energy arm of the Turkish conglomerate Akfen Holding. The funds will be invested in building four new wind farms and nine solar PV plants with a combined capacity of 327 MW.
IPPToday #282: Australian state awards long-term contracts for 928 MW capacity in first renewable energy auction
The Australian state of Victoria, located in the south-east of the country, has awarded Support Agreements to six renewable energy projects with 928 MW cumulative capacity in its first renewable energy auction.
VivoPower International PLC has announced that its wholly-owned subsidiary in Australia, VivoPower Pty Ltd has entered into a partnership with IT Power (Australia) Pty Ltd (ITP) to jointly develop a portfolio of utility-scale ground-mounted solar projects in New South Wales.
Hamburg-based solar and wind park operator Encavis AG has announced the successful placement of a EUR50 million (US$57.76 million) "Green Schuldschein" (green bonded loan) with international and national institutional investors.
Acciona has signed a contract to supply 100% renewable electricity to the two main facilities of LATAM Airlines Group, the biggest airline group in Latin America, from September this year.
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.