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DRC Engages Linklaters on UK-Backed Solar Initiative
Linklaters has advised the Ministry of Hydraulic Resources and Electricity of the Democratic Republic of Congo on a solar project development. The DRC’s Ministry of Hydraulic Resources and Electricity has been advised by Linklaters on the Essor Access to Electricity (A2E) Initiative, an initiative launched in 2019 and funded by the United Kingdom government, for […]
Mozambique Solar Project With Utility-Scale Battery Storage System Begins Construction
Mozambique’s energy and mineral resources minister attended a ceremony to mark the start of construction on the first solar project in the country to be paired with utility-scale battery energy storage. Minister Ernesto Max Tonela made the ceremonial first solar panel installation at Cuamba Solar PV plant, which will combine 19MWp (15MWac) of solar PV […]
B&V Subsidiary Diode Ventures Closes Financing on Grizzly Ridge Solar Project in Texas
An infrastructure development wing of Black & Veatch has gained the financing it needs for a 138-MW solar farm planned in Texas. Diode Ventures closed funding round for the Grizzly Ridge Solar Project to be located in Hamilton County near Fort Worth. The project was co-developed with RKB Energy LLC. “Grizzly Ridge is one of […]
Vietnam Gives Nod to 500-MW Solar Project at HPP Site – Report
The Vietnamese province of Gia Lai, in the Central Highlands, has given the green light to the construction of a 500-MW floating and ground-mounted solar complex, the Vietnam News Agency (VNA) reported on Friday. The KN IaLy – Gia Lai photovoltaic (PV) scheme will entail total investment to the tune of VND 9.55 trillion (USD […]
7X Energy Sells Elara Solar Project to KOMIPO
7X Energy Inc. has sold its 130 MW AC Elara Energy Project, located in Frio County, Texas, on over 1,700 acres, to KOMIPO America Inc., the U.S. subsidiary of Korea Midland Power Co. Ltd., one of the major power companies in Korea. Morgan Stanley Renewables Inc. is anticipated to be the sole tax equity investor […]
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 […]
12,000 MW CPSU Phase-II Solar Project Scheme
IREDA extends bid submission to 15th June. Indian Renewable Energy Development Agency Ltd. (IREDA), a PSU under the Ministry of New & Renewable Energy (MNRE) has extended the bid submission date to 15th June for implementation of the Central Public Sector Undertaking (CPSU) scheme phase-II for setting up 12,000 MW grid-connected solar projects with viability gap […]
Etrion Completes Sale of Niigata Solar Project
GENEVA : Etrion Corporation (“Etrion” or the “Company”) (TSX: ETX) (OMX: ETX), a solar independent power producer, today announced that it has completed the sale of its interests in the Company’s 45 MW Niigata solar project under construction to Renewable Japan Co. Ltd and Daiichi Life Insurance Company Limited for gross proceeds of JPY 6.3 […]
PROJECTS: Financial Close For 1.5-Gigawatt Saudi Solar Project a Week Away
Sudair PV IPP forms part of Saudi Public Investment Fund’s renewable energy programme. Saudi Arabia’s largest solar photovoltaic (PV) project, the 1.5-gigawatt Sudair PV Independent Power Project (IPP), will reach financial close in a week, a senior official from the developer consortium said. The financial close for the 3.5 billion Saudi Riyal ($930 million) solar […]