Senvion has signed an agreement which includes the delivery of turbines for up to 300 MW projects in Spain with Alfanar, which received the largest wind allotment of 720 MW.
Mitsui & Co has completed all necessary procedures to enter into a definitive agreement to acquire a 50% share of Yushan Energy Taiwan, from Singapore's Yushan Energy, a subsidiary of Enterprize Energy Group.
Enel Green Power RSA, the Enel Group’s South African renewables company, has signed project financing agreements a portfolio of five new wind projects, totalling roughly 700 MW of capacity.
The European Investment Bank (EIB) has disclosed that Alfanar Company, an industrial manufacturing and construction group based in Saudi Arabia, is seeking a EUR385 million (US$449.5 million) loan for a 547 MW wind project in Spain, with a total estimated investment of EUR643 million (US$750.8 million).
Soluna Technologies, Ltd. has announced plans to develop a 900 MW wind farm in Morocco which will power a utility-scale blockchain computing facility. The total investment required for the project is estimated to be up to US$3 billion.
Lekela has announced that it has successfully reached financial close on the Taiba N’Diaye wind power project in Senegal. This will deliver the country's first utility-scale wind farm and the largest wind farm in West Africa, with a generation capacity of 158.7 MW.
American Electric Power (AEP) has announced that it is canceling the Wind Catcher project, following its rejection by the Texas Public Utility Commission. The US$4.5 billion proposal involved the acquisition of a 2,000 MW wind farm, currently being constructed by Invenergy, and a 563 km, 765 kV transmission line.
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.
PacifiCorp, a subsidiary of Berkshire Hathaway Energy, has secured the final state government approval required to proceed with Energy Vision 2020, an initiative focussed on wind and transmission assets in the northwestern United States, which the company estimates will require US$3 billion investment.
Green Investment Group (GIG), the specialist green energy principal investment business of Macquarie Group, has closed EUR270 million (US$316.4 million) financing for the 235 MW Överturingen wind project, located in central Sweden.
ENGIE, Toyota Tsusho Corporation/Eurus Energy Holdings Corporation and Orascom Construction have jointly signed an agreement to commence development work on a new 500 MW wind farm in Ras Ghareb, Egypt.
Palisade Investment Partners has announced that the 112 MW Granville Harbour wind farm, with an estimated total investment of AUD280 million (US$209.0 million), has reached financial close.
Merkur Offshore has successfully amended the financing agreements for its 396 MW wind project, securing more competitive terms for senior debt amounting to EUR1.5 billion (US$1.76 billion). This will fund the installation of 66 wind turbines in the German North Sea, approximately 45km north of Borkum.
Enlight Renewable Energy has achieved financial close of a 96 MW wind farm to be located in the area of the Golan Heights region controlled by Israel.
Argentinian energy company Genneia has signed long-term credit agreements for US$132 million debt financing, which will support the construction of two wind farms: 50 MW Villalonga, to be located in the province of Buenos Aires, and 28 MW Chubut Norte I, located in Puerto Madryn, Chubut province.
Electricity Generating Public Company Limited (EGCO) has secured AUD210 million (US$156.8 million) to refinance Boco Rock wind farm in New South Wales, south-east Australia.
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.
CMS Energy has announced the acquisition of two new planned wind farms located in the USA, which together have a generation capacity of 250 MW.
Germany's Federal Network Agency for Electricity, Gas, Telecommunications, Post and Railway (Bundesnetzagentur) has launched the country's third onshore wind auction of 2018. The agency plans to allocate 670 MW.
Macquarie Capital Launches Green Investment Group in North America; Completes Two Green Energy Investments
Green Investment Group (GIG) launches in North America, establishing GIG as a global renewable energy investment platform.