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World Bank approves loan for hydropower plant in Indonesia – EQ Mag Pro

The hydropower plant will help Indonesia to meet electricity demand and support its decarbonisation goals. The World Bank has approved a $380m loan for the development of the first pumped-storage hydropower plant in Indonesia. The loan will be used to build the 1,040MW Upper Cisokan plant located between Jakarta and Bandung. World Bank Indonesia and […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ

Albania’s First Floating Solar Plant Starts Commercial Operations

European renewable energy generator Statkraft, in collaboration with Norwegian supplier Ocean Sun, has started commercial operations at the first unit of its floating solar project in Albania. The project is placed at the Banja reservoir in Albania, where Statkraft is operating its 72MW Banja hydropower plant. After the successful completion of the first floating solar […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ

Zimbabwe’s Centragrid to scale up solar output

Centragrid’s Nyabira solar plant was built by China’s Sinohydro and generates 2.5 MW but it plans to build nine more units of 2.5 MW each, with work due to start in the next three months NYABIRA: Zimbabwean solar power company Centragrid plans to increase generation capacity to 25 megawatts (MW) by October 2021, helping the […]

Construction of 5 solar parks underway across Iran -EQ

South Korean power company eyes $650m renewable energy project in Indonesia

A South Korean power producer is looking to finance a hydropower plant project in Central Java that would be the coal buyer’s first renewable energy deal with Indonesia. Korea Southern Power (KOSPO) is currently reviewing a feasibility study to develop the 230-megawatt (MW) Maung hydropower plant in Banjarnegara, Central Java, with Indonesian state-owned construction firm […]

Hydrogen subsidies | Australian solar-to-methanol project secures €24m grant — with half coming from Germany -EQ