Oslo, Norway : State-backed export credit agency Export Finance Norway (Eksfin) deepens its commitment to the international offshore wind market by providing loan guarantee financing to Spanish energy company Iberdrola. The transaction supports Norwegian exporters’ participation in the East Anglia Three wind park project in the UK. Iberdrola is one of the world’s leading players […]
Turkish Company Adnan Polat Secures Financing for 203 MW in Solar, Wind Projects – EQ Mag Pro
Adnan Polat Enerji Yatırım, the owner of Turkey’s largest wind power plant, intends to add 53 MW in wind power and 150 MW in solar capacity using a credit line it obtained from a group of lenders. Renewable energy company Adnan Polat Enerji Yatırım has cleared the way for the construction of 203 MW in […]
KP Energy to develop wind projects worth ₹222 cr for Aditya Birla Group – EQ Mag Pro
Execute contracts for the project development with Aditya Birla Renewables Solar Limited and AB REL Solar Power Limited KP Energy has bagged an order worth ₹222 crore to develop wind energy projects for Aditya Birla Group. “The total value of the projects to be developed by KP Energy for Aditya Birla Group is ₹222 crore, […]
Oman develops USD 900m of solar, and wind projects – EQ Mag Pro
Oman is working on the development of solar and wind projects across the sultanate which will require investments totalling USD 900 million (EUR 850.8m). Oman Power and Water Procurement Company (OPWP) is currently developing two solar projects with a combined capacity of 1 GW in Ad-Dakhiliyah Governorate, chief executive Yaqoob bin Saif Al Kiyumi told […]
Breaking News: Tender Results of 1.2 GW Wind Projects’ Auction – EQ Mag Pro
Glap to buy 4.8 GWp of Solar, Wind projects in Brazil – EQ Mag Pro
In transition to a cleaner energy model. Galp has just entered wind energy in Brazil and secured 4.8 GW of new renewable projects in the country, reaching a total of 9.6 GW in Brazil, Spain and Portugal. This diversified portfolio of renewable energy projects more than doubles our developing portfolio, giving access to photovoltaic and […]
Tata Power, RWE Renewables GmbH tie up to develop offshore wind projects – EQ Mag Pro
A corresponding MoU has been signed between Tata Power Renewable Energy Limited and RWE Renewables GmbH, one of the world’s leaders in offshore wind, a Tata Power statement has said. Tata Power on Monday said it has collaborated with Germany-based RWE Renewable GmbH to explore potential for a joint development of offshore wind projects in […]
Al Nowais Investments invests $1 Billion in Egyptian solar and wind projects – EQ Mag Pro
UAE-based Al Nowais Investments is putting $1 billion in two renewable energy plants in Egypt via its energy company AMEA Power. The plants will be ready in 2 to 3 years, the firm’s Chairman Hussain Al Nowais revealed. UAE-based Al Nowais Investments is putting $1 billion in two renewable energy plants in Egypt via its […]
Hidroelectrica eyes 2 GW in solar, wind projects – EQ Mag Pro
Romania’s state-owned power utility Hidroelectrica is looking at wind and solar projects with a combined capacity of 2,000 MW as part of the effort to diversify its production portfolio with renewable energy capacities. Hidroelectrica currently operates hydropower plants with an installed capacity of 6.4 GW. It also operates one wind farm, Crucea, acquired at the […]
Legislation Needed to Allow Foreign Ownership in Solar, Wind Projects – EQ Mag Pro
MANILA, Philippines : Legislation may be needed to allow foreign ownership in solar and wind projects in the country, according to a ranking official of the Department of Energy. During the Energy Smart Forum organized by the European Chamber of Commerce of the Philippines (ECCP) on Tuesday, DOE Undersecretary Felix William Fuentebella said relaxing foreign […]
