ACWA Power Gets $174 Million Loan From ADB For Uzbekistan Wind Projects Updated On Tue, Apr 25th, 2023 by Saurenergy Saudi Arabia’s ace renewable energy developer ACWA Power has received $174 million worth of loans from the Asian Development Bank (ADB) to develop the Bash wind power and Dzhankeldy wind power plants – both located in the Bukhara region in Uzbekistan. As per ABD, the ACWA Power financing comprises loans amounting to $40.5 million for […] Read more
EBRD Lends €29 Million For Albania’s 140MW Solar Project Updated On Tue, Apr 25th, 2023 by Saurenergy The European Bank for Reconstruction and Development (EBRD) has said that its lending €29 million to an Albanian special-purpose vehicle, owned by France’s Voltalia, to develop the 140 MW Karavasta solar plant. This solar power plant will come up in the Fier area of south-western Albania. The EBRD is anchoring the €99 million financing structure […] Read more
Google, EDPR Partner on 500 MW Distributed Solar Development in USA Updated On Tue, Apr 25th, 2023 by Saurenergy Global IT conglomerate Google and EDPR North America Distributed Generation LLC have collaborated to support more than 80 distributed solar PV projects totalling 500 MW in the USA. The deal aligns with an environmental justice program benefiting over 25,000 families in low-to-moderate income communities from New Jersey to Ohio. EDPR said that the initial projects […] Read more
Macquarie Asset Management To Sell Stakes In 8 UK Wind Farms Updated On Tue, Apr 25th, 2023 by Saurenergy Australia’s Macquarie Asset Management has agreed to sell stakes in eight offshore wind farms around the United Kingdom to infrastructure manager and investor, Equitix. According to the agreement, Macquarie European Infrastructure Fund 5’s 50 per cent stake in Offshore Wind Company sold to funds managed by the UK-headquartered investment manager. Offshore Wind Company holds various […] Read more
Haryana Solicits Bids for Procurement of 500 MW Solar Power Updated On Mon, Apr 24th, 2023 by Saurenergy Haryana Power Purchase Center, which is a joint venture between UHBVN (Uttar Haryana Bijli Vitran Nigam) and DHBVN (Dakshin Haryana Bijli Vitran Nigam) has issued a tender and invited bids for 500 MW solar electricity from Haryana-based grid connected solar projects. The last date to submit the bids online is May 24, 2023. The bids […] Read more
Octopus Energy Eyes 20-GW Renewable By Decade End As It Opens 7 New Wind Farms Updated On Sun, Apr 23rd, 2023 by Saurenergy The UK based renewable energy player Octopus Energy has set a new target of 20GW that it wants to achieve by 2030 as it announced to have opened seven new onshore wind farms across Europe since 2022 in various countries. Octopus Energy manages £6 billion of renewable assets and energy translation projects globally. The seven […] Read more
X-ELIO Gets Financial Closing Of EUR 102mn For Spanish Solar Projects Updated On Sun, Apr 23rd, 2023 by Saurenergy Global renewable energy player X-ELIO has closed a financing deal for three solar power projects located in the Spanish region of Extremadura. The three solar projects are , Los Llanos I, II and III, that will specifically come up in Medina de las Torres municipality, Badajoz, Spain. X-ELIO has secured EUR 102 million for the […] Read more
Ocean Winds Secures £2 Billion Finance For Moray West Wind Farm Updated On Sun, Apr 23rd, 2023 by Saurenergy Ocean Winds has announced that its Moray West Offshore Wind Farm that is part of its portfolio of UK, has secured £2 billion of non-recourse project finance and reached financial close. The key sponsorship has come from Ocean Winds and Ignitis Group, as minority shareholder. The company is a joint venture between EDP Renewables and […] Read more
51-MW Wind Energy Brought Online by JSW Energy in Tamil Nadu Updated On Sun, Apr 23rd, 2023 by Saurenergy India’s one of the leading renewable energy company JSW Energy has announced that it has commissioned a 51 megawatt (MW) wind power project at Tuticorin in the state of Tamil Nadu. It said in its regulatory filing that the wind project has been commissioned by one of its subsidiaries called JSW Renew Energy Two Limited. […] Read more