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Home2020August

Month: August 2020

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International News

Vestas, Rabobank and Windpark Zeewolde to build Netherland’s largest onshore wind project

August 1, 2020

Vestas, Rabobank and Windpark Zeewolde B.V. have signed contracts for wind turbines and financing the development of the Windpark Zeewolde wind park project in the Netherlands. Windpark Zeewolde B.V. is a collaboration of more than […]

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International News

World Bank approves additional grant of $50 million for rehabilitation work of the Nurek hydropower plant in Tajikistan

August 1, 2020

The World Bank has approved an additional grant of $50 million on behalf of the International Development Association for the second phase of the Nurek Hydropower Rehabilitation Project in Tajikistan. The hydropower project has an […]

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International News

EIB to invest Euro 43.5 million in the Cabrera solar project in Andalusia

August 1, 2020

The European Investment Bank (EIB) is investing Euro 43.5 million to finance the Cabrera solar project in Andalusia, an autonomous community of Spain. This investment, backed by the European Fund for Strategic Investments, will contribute […]

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International News

Green Investment Group, Enso Energy form JV to develop solar and battery storage projects in the UK

August 1, 2020

Macquarie’s Green Investment Group (GIG) and Enso Energy have announced a joint venture to develop over 1 GW of subsidy-free solar and battery storage projects across the UK. GIG and Enso Energy have identified an […]

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International News

Iberdrola, Mondragon Group and others partner to build a 100 MW PV plant In the Basque Country

August 1, 2020

Iberdrola, the Mondragon Group, the Provincial Council of Alava and the Basque government’s energy agency (EVE) have created a public-private partnership with the aim of building a 100 MW photovoltaic (PV) plant in the Basque […]

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International News

Iberdrola purchases Aalto Power for Euro 100 million

August 1, 2020

Iberdrola has finalised the acquisition of French renewable energy company Aalto Power for Euro 100 million. Aalto Power was founded in 2005 and is based in Marseilles. It currently has a portfolio of 118 MW […]

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International News

11 major international companies partner to accelerate energy transition

August 1, 2020

At the Rencontres Économiques d’Aix-en-Provence, an economic forum attended by many organisations from around the world, 11 international groups have partnered to form an international coalition. AWS, the Carrefour Group, the CMA CGM Group, Cluster […]

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International News

Vestas secures 151 MW turbine order from Capital Power

August 1, 2020

Vestas has received a 151 MW order of 3.6 MW V136-3.45 MW turbines from Capital Power for the 97 MW Whitla Wind 2 and 54 MW Whitla Wind 3 projects in Alberta, Canada. The order […]

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International News

African Development Bank invests around USD 116 million in Nedbank’s SDG-linked bonds

August 1, 2020

The African Development Bank has invested around $116 million in Sustainable Development Goals-linked bonds issued by Nedbank South Africa. This investment is listed on the green bonds segment of the Johannesburg Stock Exchange and will […]

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International News

Iberdrola receives Euro 800 million from EIB and ICO to boost the green recovery in Spain

August 1, 2020

Iberdrola has signed an agreement with the EIB and the Instituto de Credito Oficial (ICO) to drive the green recovery in Spain by developing new renewable energy capacity. To this end, the EIB and ICO […]

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International News

ADB gives $54.77 million grant for Nurek hydro power plant in Tajikistan

August 1, 2020

The Asian Development Bank (ADB) is providing a grant of $54.77 million for the rehabilitation work of the Nurek hydroelectric power plant in Tajikistan. The plant produces over 70 per cent of the country’s electricity […]

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International News

World Bank signs $3.45 million grant agreement with Myanmar for clean energy access

August 1, 2020

The World Bank Group and the Government of Myanmar have signed a grant agreement worth $3.45 million; this will help over 450,000 people in rural Myanmar gain access to clean energy. The funds will be […]

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International News

Oscilla Power plans to set up a 50 MW grid-connected wave energy project with energy storage

August 1, 2020

Oscilla Power has been selected for a $1.1 million Small Business Innovation & Research award (Phase II) from the US Department of Energy for the development of a 50 MW grid-connected wave energy project with […]

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International News

Air Products, ACWA Power and NEOM to set up $5 billion project for production and export of green hydrogen

August 1, 2020

Air Products, along with ACWA Power and NEOM, has signed an agreement for a $5 billion green hydrogen-based ammonia production facility. The green ammonia produced will be exported to global markets. The project will be […]

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International News

sPower closes $700 million financing for a 620 MW solar project

August 1, 2020

SPower, a leading renewable energy independent power producer, has closed a term loan financing of over $700 million for the construction of a 620 MW solar project in Spotsylvania county, Virginia. The solar project is […]

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International News

IFC, EBRD, and EU partner with Fotowatio Renewable Ventures for a 55 MW utility-scale solar plant in Armenia

August 1, 2020

The International Finance Corporation (IFC), the European Bank for Reconstruction and Development (EBRD), and the European Union (EU) will support the development of the 55 MW Masrik solar plant, the first utility-scale solar power plant […]

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