In Short : The Asian Development Bank (ADB) and Gulf Energy Development signed an $820 million loan agreement to boost Thailand’s renewable energy sector. The funding will support large-scale solar power projects and advanced battery storage systems, aligning with Thailand’s 2050 carbon neutrality goal. This initiative strengthens energy resilience and promotes sustainable development in Southeast […]
ADB, EDC Sign Mandate for 2 GW Solar and Battery Storage Power Program in Cambodia – EQ Mag Pro
MANILA, PHILIPPINES : The Asian Development Bank (ADB) signed a transaction advisory services mandate with Cambodia’s national utility company Électricité du Cambodge (EDC) to support the development of 2 gigawatts (GW) of solar power in Cambodia. The mandate will help the country achieve its goal of carbon neutrality by 2050. Under this mandate, ADB will […]
ENGIE acquires 6 GW of solar and battery storage capacity projects from Belltown Power in the US – EQ Mag Pro
The acquisition of these 33 early to late-stage projects will accelerate renewables development across multiple states in North America and significantly strengthen the Group’s project pipeline ENGIE announced it has acquired a 6 GW portfolio of solar, paired and stand-alone battery storage development projects from Belltown Power U.S. The transaction includes 33 projects comprising some […]
Australian election pledge includes interest-free loans for rooftop solar and battery storage
The Australian Capital Territory (ACT) branch of the country’s Labor Party will offer zero-interest loans for rooftop solar panels, household battery storage and hot water heat pumps if re-elected in an upcoming election. ACT Labor said the AU$150 million (US$106.8 million) commitment will create and protect hundreds of jobs in the renewable energy sector. The […]
Portland General Electric and NextEra Energy Resources to develop nation’s first major energy facility co-locating wind, solar and battery storage
Project will advance Oregon’s clean energy future while delivering affordable electricity for PGE customers PORTLAND, Ore.: Portland General Electric Company (NYSE: POR) and NextEra Energy Resources, LLC, a subsidiary of NextEra Energy, Inc. (NYSE: NEE), today announced plans to construct a new energy facility in Eastern Oregon combining 300 megawatts of wind generation with 50 […]
