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IPPToday #328: CMI of Belgium to supply World's tallest solar tower in Dubai

IPPToday #328: CMI of Belgium to supply World's tallest solar tower in Dubai

🕔Dec 12, 2018

CMI has been awarded a contract for engineering and supplying a receiver for the 950 MW Phase IV of Mohammed bin Rashid Al Maktoum Solar Park in Dubai.

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IPPToday #326: Enel secures financing for 1 GW solar projects in Mexico

IPPToday #326: Enel secures financing for 1 GW solar projects in Mexico

🕔Dec 5, 2018

The European Investment Bank (EIB) has announced that it has signed an US$87 million loan to part-finance three photovoltaic (PV) solar power plants in Mexico, with a total installed capacity of 1,088 MWp.

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IPPToday #324: AfDB approves financing for US$800 million CSP project in South Africa

IPPToday #324: AfDB approves financing for US$800 million CSP project in South Africa

🕔Nov 30, 2018

The African Development Bank (AfDB) has announced that its Board of Directors has approved a senior loan of ZAR3 billion (US$228.6 million) to the 100 MW Redstone Concentrated Solar Power (CSP) Project. The total cost of the project is US$789 million.

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IPPToday #319: Financial close for Saudi Arabia's first utility scale renewable energy project

IPPToday #319: Financial close for Saudi Arabia's first utility scale renewable energy project

🕔Nov 19, 2018

ACWA Power has announced the successful financial closure of the approximately SAR1.2 billion (US$320 million) Sakaka solar project, the first ever utility scale renewable energy project to be developed in Saudi Arabia.

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IPPToday #317: MoU signed for 2 GW solar steam project in Oman

IPPToday #317: MoU signed for 2 GW solar steam project in Oman

🕔Nov 14, 2018

GlassPoint Solar and Occidental of Oman have signed a Memorandum of Understanding (MoU) to develop a large solar thermal energy plant, exceeding 2 GW, at the Mukhaizna oilfield in the Sultanate of Oman.

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IPPToday #313: Snowy Hydro contracts 888 MW wind and solar power in Australia

IPPToday #313: Snowy Hydro contracts 888 MW wind and solar power in Australia

🕔Nov 6, 2018

Australian energy provider Snowy Hydro has announced that it has signed Power Purchase Agreements (PPA) for eight wind and solar projects totalling 888 MW. Located across New South Wales and Victoria, states in the south-east of Australia, the projects are expected to generate about 2.8 terawatt hours of energy annually.

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IPPToday #312: Kazakhstan awards over 850 MW capacity in 2018 renewables auctions

IPPToday #312: Kazakhstan awards over 850 MW capacity in 2018 renewables auctions

🕔Nov 2, 2018

Kazakhstan Electricity and Capacity Market Operator (KOREM) has announced that it has contracted 857.93 MW of renewable energy this year through auctions.

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IPPToday #300: 255 MW solar project in Australia achieves financial close

IPPToday #300: 255 MW solar project in Australia achieves financial close

🕔Oct 11, 2018

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.

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Hawaii contracts 260 MW solar-storage capacity

Hawaii contracts 260 MW solar-storage capacity

🕔Oct 10, 2018

Hawaiian Electric Companies has announced that it is now in contract negotiations with seven developers regarding major solar-plus-storage projects to be located on three Hawaiian islands, representing the largest infusion of renewable energy in state history.

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IPPToday #298: Macquarie joins consortium developing 11 GW renewables hub in Australia

IPPToday #298: Macquarie joins consortium developing 11 GW renewables hub in Australia

🕔Oct 9, 2018

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.

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IPPToday #296: German government announces new tenders for over 8 GW solar and wind capacity by 2020

IPPToday #296: German government announces new tenders for over 8 GW solar and wind capacity by 2020

🕔Oct 4, 2018

The government of Germany has passed a resolution to tender over 8 GW solar and wind capacity in the next two years.

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IPPToday #293: Enel sells stake in 1.8 GW renewable projects in Mexico for US$1.4 billion

IPPToday #293: Enel sells stake in 1.8 GW renewable projects in Mexico for US$1.4 billion

🕔Oct 1, 2018

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.

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IPPToday #289: US$1.5 billion acquisition to create second largest solar portfolio in North America

IPPToday #289: US$1.5 billion acquisition to create second largest solar portfolio in North America

🕔Sep 24, 2018

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).

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IPPToday #288: Tender for 1.5 GW solar project launched in Kuwait

IPPToday #288: Tender for 1.5 GW solar project launched in Kuwait

🕔Sep 20, 2018

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).

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REDEN Solar refinances solar assets in Spain and Portugal for US$116.6 million

REDEN Solar refinances solar assets in Spain and Portugal for US$116.6 million

🕔Sep 13, 2018

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.

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IPPToday #283: EBRD to finance 327 MW renewable projects in Turkey

IPPToday #283: EBRD to finance 327 MW renewable projects in Turkey

🕔Sep 12, 2018

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.

 

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IPPToday #282: Australian state awards long-term contracts for 928 MW capacity in first renewable energy auction

IPPToday #282: Australian state awards long-term contracts for 928 MW capacity in first renewable energy auction

🕔Sep 11, 2018

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.

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VivoPower and IT Power to develop solar projects in New South Wales

VivoPower and IT Power to develop solar projects in New South Wales

🕔Sep 11, 2018

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.

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Encavis AG issues first EUR50 million

Encavis AG issues first EUR50 million "Green Schuldschein" bonded loan

🕔Sep 10, 2018

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.

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IPPToday #276: Acciona to power LATAM Airlines in Chile with renewable energy

IPPToday #276: Acciona to power LATAM Airlines in Chile with renewable energy

🕔Aug 31, 2018

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.

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