Latest Renewables News

  • US stimulus bill disappoints renewables lobby

    The deal reached by the US Congress on its Covid-19 Phase Three Stimulus Bill lacks measures that renewable energy industry associations had been pushing for, such as direct pay in lieu of tax equity or an extension of the investment and production tax credits

  • Tembo Power and Metier sign JDA for Kenyan hydro

    A Tembo Power-led consortium has signed with private equity fund manager Metier a joint development agreement for the 14.7MW Kaptis hydropower plant in western Kenya

  • DEME, Penta-Ocean team for Japanese offshore wind

    Japanese marine contractor Penta-Ocean Construction Group and Belgian marine engineer DEME Group have formed a partnership to work on offshore wind farms in Japan

  • FMO mulls investment in Morgan Stanley India fund

    Dutch development bank FMO has put forward a proposal to invest €15 million in North Haven India Infrastructure Fund

  • Aldi signs PPA for Collector Wind in Australia

    German supermarket giant Aldi has signed a 10-year power purchase agreement for the 226.8MW Collector Wind Farm in New South Wales, Australia

  • Queensland's CleanCo joins Acciona's mega wind farm

    Queensland state-owned CleanCo has signed a deal to build and own a 100MW addition to Spanish developer Acciona's 926MW onshore wind farm – the Macintyre Wind Farm Complex

  • Eneva changes financing plans for AES Tiete merger

    Brazilian energy company Eneva has changed strategy for its proposed merger with AES Tiete and will now delay refinancing bank loans it is raising to finance the deal due to adverse market conditions

  • Advisers sign on Cambodia solar

    Cambodian state utility Electricité du Cambodge has signed a contract with an advising team on the first phase of the National Solar Park project

  • Bids in for Estonia's first renewables tender

    Estonia’s very first tender for small-scale renewable projects has attracted 17 proposal for 5GW of power on offer

  • JBIC sign loans for Latam renewables

    JBIC has granted a $200 million loan to development finance institution Corporación Andina de Fomento to finance renewable projects in four Latin American countries

  • Peruvian developer plans solar project in Chile

    Lima-based generation company Atria Energía is plotting the development of a a 66MW solar park in Chile

  • Eni and Falck Renewables sign on JV

    Italian oil major Eni and developer Falck Renewables have executed a deal to enter into a 50:50 joint venture to develop renewable energy projects in the US

  • Energy storage developer launches start-up

    A former Advanced Micogrid Solutions staffer has launched a commercial and industrial-scale energy storage start-up and is looking for strategic partners to help identify potential customers

  • Eneco acquisition finalised

    Mitsubishi Corporation and Chubu Electric Power have finalised the acquisition of the Dutch renewables developer – officially taking it off the market

  • UPDATE: ACWA Power closes on Ibri II solar

    An ACWA Power-led consortium has reached financial close on the $400 million, 500MW Ibri II solar PV in Oman – the long-tail project is backed by a DFI and commercial banks on the debt-side

  • EXCLUSIVE GCL closes loan for California distributed solar portfolio

    GCL New Energy, the US development subsidiary of Chinese panel manufacturer GCL New Energy Holdings, reached financial has closed on a portfolio of operational distributed solar projects in California

  • Brazilian state postpones power auction

    Brazilian state Piauí has postponed the deadline to receive proposals for solar PV projects that will be contracted under a PPP model, due to the Covid-19 pandemic

  • Sonnedix acquires Italian solar

    Sonnedix has acquired five operating solar plants in Sicily from their developer, a joint venture between Canadian Solar and Manni Energy

  • EXCLUSIVE Rush to finance Chile PMGDs before law change

    Project finance bankers in New York are eyeing PMGD (Pequeños Medios de Generación Distribuida) solar portfolios in Chile, which have become attractive investments—at least until the law changes