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Home2017August

Month: August 2017

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International News

Tenaga Nasional Berhad secures $79 million financing for 50 MW Solar Project

August 20, 2017

Malaysia-based utility Tenaga Nasional Berhad (TNB), through its subsidiary TNB Sepang Solar Sdn. Bhd., has raised $79 million from Affin Islamic Bank Bhd for a 50 MW large-scale solar power plant in Selangor, Malaysia. The […]

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International News

ADB raised $1.25 billion to help finance climate change mitigation and adaptation projects

August 20, 2017

The Asian Development Bank (ADB) has raised $1.25 billion to help finance climate change mitigation and adaptation projects. This has been collected through the issue of two types of green bonds – a five-year bond […]

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International News

Sunseap Group secures undisclosed investment from Shell

August 20, 2017

Singapore-based clean energy solutions provider Sunseap Group has secured investments from Shell Technology Ventures for solar projects in the Asia-Pacific region, including Singapore. The financial details of the transaction were not disclosed. The Sunseap Group […]

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International News

325.6W – LONGi Solar’s 60 cell Hi-MO1 module achieves a high power output

August 20, 2017

Japan-based solar cells and modules manufacturer LONGi Solar has announced that its latest 60 cell Hi-MO1 module has achieved a power output of 325.6 W under standard testing conditions, with the conversion efficiency reaching 19.91 […]

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International News

Equis to Develop 1,000 MW Solar Project in Queensland, Australia

August 20, 2017

Singapore-based Equis Energy has received approval from the Western Downs Regional Council in Queensland, Australia, to develop the 1,000 MW Wandoan South Solar Project. Construction work is expected to begin in 2018. The project covers […]

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International News

World Bank approves $150 million for Kenya

August 20, 2017

The World Bank has approved an International Development Association credit equivalent to $150 million for the delivery of modern energy services via off-grid solar in Kenya. The Off-grid Solar Access Project for Underserved Counties is […]

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International News

Cubico completes acquisition of Andasol 1 and Andasol 2 concentrated solar power plants in Spain

August 20, 2017

UK-based renewable energy and water investment firm Cubico Sustainable Investments has acquired two operational solar power projects in Granada, Spain. The total capacity of the two projects is 99.8 MW. The plants use parabolic trough […]

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International News

Nova Scotian Waste-to-Energy Firm Wins $2.6 Million in Funding for Demo Facility

August 20, 2017

Sustainable Development Technology Canada has invested Canadian $2.6 million for the construction of a waste-to-bio pellets facility in Halifax, Nova Scotia. The facility will turn solid waste from landfills into fuels that burn cleaner than […]

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International News

Canada’s Nova Scotia gets residential solar PV investment fund

August 16, 2017

Canada-based Nova Solar Capital has launched a solar community economic development investment fund to finance the installation of solar power systems in more than 100 homes in Nova Scotia. According to the company’s funding model, […]

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International News

Tadau Energy issues Malaysia’s first ‘green’ suku

August 16, 2017

Malaysia-based solar energy firm Tadau Energy Sdn Bhd has raised $58 million through the issue of Sustainable Responsible Investment (SRI) sukuk, making it the first green sukuk issued in Malaysia. Sukuk commonly refers to the […]

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International News

China revised its renewable energy targets in Thirteenth Plan

August 16, 2017

The National Energy Administration of China has released a detailed set of renewable energy targets under its Thirteenth Plan (2016-20). It has set a solar PV target of 190 GW to 200 GW by the […]

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International News

South Miami has passed an ordinance for the installation of solar panels

August 13, 2017

South Miami has passed an ordinance for the installation of solar panels while constructing new buildings and renovating the existing ones in the region. The ordinance will come into effect from September 18, 2017. As […]

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International News

ADIF-Alta Velocidad issues green bonus worth $692.6 million

August 13, 2017

Spain-based ADIF-Alta Velocidad (ADIF AV), a state-owned public corporate entity, has issued bonds worth $692.6 million. These bonds are issued under the format of “green bonus”, where the income obtained from the bonds will be […]

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International News

InfraRed has completed an investment in two solar projects in Mexico

August 13, 2017

London-based InfraRed Capital Partners, a global investment firm focused on infrastructure and real estate, has invested in two greenfield solar photovolatic (PV) parks in Northern Mexico. The two solar parks – Torreoncitos and Rancho el […]

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International News

Saudi launches 400MW tender at Dumat al Jandal

August 13, 2017

The government of Saudi Arabia has floated a 400 MW wind project tender at Dumat al Jandal, Al Jouf. The project application deadline was August 10, 2017 while the final bidding will open on August […]

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International News

AfDB to finance construction of 32 megawatts solar power plant in Chadian capital, N’Djamena

August 13, 2017

The African Development Bank (AfDB) will finance the construction of a 32 MW solar project in N’Djamena, Chad. Apart from financing the 32 MW solar power project, AfDB also plans to support other projects such […]

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International News

Hindustan Power acquires rights to build 150 MW solar projects in Japan

August 13, 2017

Hindustan Power projects Private Limited has acquired 15 solar projects in Japan and has plans of acquiring four solar projects with 25 MW of capacity each at Trishal in Bangladesh. The projects in Japan have […]

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International News

Senvion to supply five units of MM92 turbines 

August 13, 2017

Germany-based wind turbine manufacturer Senvion has won a contract from Vjetroelektrana Orjak to supply five units of its MM92 turbines. The turbines, which have a hub height of 80 metres, will be delivered to the […]

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International News

Siemens Gamesa to build a 23-MW wind farm in Tenerife

August 13, 2017

Spain-based wind turbine manufacturer Siemens has received an order from DISA, a distributor of energy products in the Canary Islands, to build a 23.1 MW wind farm on the island of Tenerife under a turnkey […]

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International News

Vestas signs 48 MW contract in the Dominican Republic

August 13, 2017

Denmark-based wind turbine manufacturer Vestas has received an order from Elecnor S.A., a Spanish business group specialising in infrastructure, renewable energy and technology, for 14 units of V117-3.45 MW turbines. These turbines will be installed […]

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