Key highlights Eneco will acquire a 50% interest in the project, comprising both development capital and construction equity Eneco will secure the entire storage capacity under a long-term offtake agreement for phase one of the project The transaction represents Eneco’s second agreement with Corre Energy, following its 15-year offtake agreement for the ZW1 project in […]
Saudi Arabia leases land for green energy projects – EQ Mag Pro
Al-Qassim Region in central Saudi Arabia has signed an investment agreement to lease land to the Saudi Electricity Company (SEC) for new renewable energy projects. The agreement concerns an area of more than 23 million square metres (27.5m sq yd) in Al-Badayea Governorate, which is part of the Al-Qassim Region, the state-owned Saudi Press Agency […]
