ACWA Power Announces Financial Close for the 1.5 GW Sudair Solar Project

ACWA Power Announces Financial Close for the 1.5 GW Sudair Solar Project

Saudi Arabia's energy major ACWA Power has announced the financial close for the 1.5 GW Sudair solar project developed under the Public Investment Fund (PIF) renewable energy program. Located at ...
/ / Finance and M&A, Solar
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Masdar Quotes the Lowest Tariff of $0.018/kWh for a 200 MW Solar Project in Uzbekistan

Recently, the Ministry of Energy, Uzbekistan, announced the results of the auction for the 200 MW solar project in the Sherabad district of the Surkhandarya region. Abu Dhabi Future Energy ...
Project Finance Brief Sonnedix Raises €172 million to Refinance its Solar Projects

Project Finance Brief: Sonnedix Raises €172 Million to Refinance its Solar Projects

From: Mercom Capital Group Sonnedix Japan, the Japanese subsidiary of global solar independent power producer Sonnedix, has achieved financial close of €172 million (~$209 million) for the refinancing of a ...
/ / Finance and M&A, Other
Daily News Wrap-Up: ACWA Power Closes Financing for a 100 MW CSP Project

Daily News Wrap-Up: ACWA Power Closes Financing for a 100 MW CSP Project

Here are some noteworthy cleantech announcements of the day from around the world: Saudi Arabia’s energy major ACWA Power has announced the beginning of construction on the 100 MW Redstone ...
Daily News Wrap-Up BELECTRIC to Build a Floating Solar Project in Israel for EDF

Daily News Wrap-Up: BELECTRIC to Build a Floating Solar Project in Israel for EDF

Here are some noteworthy cleantech announcements of the day from around the world: BELECTRIC, engineering, procurement, construction service provider, is building a 19.3 MW floating PV project in Israel for ...
Project Finance Brief_ Opdenergy Secures €500 Million for Solar Projects in Spain

Project Finance Brief: Opdenergy Secures €500 Million for Solar Projects in Spain

From: Mercom Capital Group Opdenergy, an independent renewable energy producer focused on solar photovoltaic and onshore wind technologies, has closed with BBVA the underwriting mandate for the financing of the ...
/ / Other, Renewable Energy
Saudi Arabia’s ACWA Power Secures $114 Million for the 200 MW Solar Project in Egypt

Saudi Arabia’s ACWA Power Secures $114 Million for the 200 MW Solar Project in Egypt

Saudi Arabia’s energy giant ACWA Power has received a $114 million financing package for the 200 MW Kom Ombo solar project in Egypt from four agencies. The European Bank for ...
/ / Finance and M&A, Solar
Daily News Wrap-Up: BP to Build Britain's Largest Hydrogen Plant

Daily News Wrap-Up: BP to Build Britain’s Largest Hydrogen Plant

Energy group BP aims to build Britain's largest hydrogen plant by 2030 as part of its push to boost the use of fuel and cut greenhouse gas emissions. The Teesside ...
/ / Other, Renewable Energy
Third Phase of Dubai Solar Park with 800 MW of Projects Commissioned

Third Phase of Dubai Solar Park with 800 MW of Projects Commissioned

The third phase of the Dubai Electricity and Water Authority's (DEWA) Mohammad bin Rashid Al Maktoum solar park with 800 MW of projects has been commissioned. The park was inaugurated ...
/ / Solar, Utility Scale
Funding and M&A Roundup_ Indian Lithium-ion battery Maker Grinntech Raised $2 million

Funding and M&A Roundup: Indian Lithium-ion battery Maker Grinntech Raised $2 Million

From: Mercom Capital Group Here is a roundup of corporate funding and M&A deals from last week covering the global renewable energy industry: SenseHawk, a SaaS platform that helps customers ...
/ / Finance and M&A, Other
Green Hydrogen Production Facility Worth $5 Billion to Come Up in Saudi Arabia's NEOM

Green Hydrogen Production Facility Worth $5 Billion to Come Up in Saudi Arabia’s NEOM

Air Products, in collaboration with ACWA Power and NEOM, announced the signing of an agreement to develop a $5 billion (~₹372.7 billion) green hydrogen-based ammonia production facility powered by renewable ...
Dubai’s Renewable Energy Share in its Power Mix Exceeds Target

Dubai’s Renewable Energy Share in its Power Mix Exceeds Target

The Dubai Electricity and Water Authority (DEWA) has announced that the share of renewable energy in Dubai’s Energy mix has increased to nearly 9%. This exceeds the target set in ...
500 MW Solar Project in Oman’s Ibri Achieves Financial Closure (1)

500 MW Solar Project in Oman’s Ibri Achieves Financial Closure

Saudi Arabia’s energy giant ACWA Power, along with the Gulf Investment Corporation (GIC) and Asia-Pacific Economic Cooperation (APEC), has achieved the financial closure for a 500 MW solar independent power ...
/ / Finance and M&A, Solar
Saudi Arabia Announces List of Pre-Qualified Bidders for its 1.2 GW Solar Tender

Saudi Arabia Announces List of Pre-Qualified Bidders for its 1.2 GW Solar Tender

The Saudi Arabia Renewable Energy Project Development Office (REPDO) has announced the list of companies that are pre-qualified to bid in round three for a combined solar capacity of 1.2 ...
Saudi Arabia’s ACWA Power Signs PPA with Egypt for a 200 MW Solar Project at Kom Ombo

Saudi Arabia’s ACWA Power Signs PPA with Egypt for a 200 MW Solar Project at Kom Ombo

ACWA Power, Saudi Arabia’s energy giant, has signed a power purchase agreement (PPA) with the government of Egypt to finance, develop, construct, and operate the 200 MW Kom Ombo solar ...
/ / Solar, Utility Scale
ACWA Power to Develop 250 MW of Solar Projects in Ethiopia

ACWA Power to Develop 250 MW of Solar Projects in Ethiopia

Saudi Arabia’s ACWA Power has won two 125 MW solar projects in Ethiopia in the country’s first round of solar program under Public-Private Partnership (PPP). The projects will be located ...
Dubai’s 900 MW Solar Auction Sees Record Low Tariffs

Dubai’s 900 MW Solar Auction Sees Record Low Tariffs

The International Company for Water and Power Projects (ACWA Power) has quoted the lowest tariff bid at less than ~$ 0.017/kWh for 900 MW of solar projects. The tender was ...
/ / Solar, Tenders & Auctions
Silk Road Fund Gets 49% Stake in Saudi Arabia’s ACWA Power

Silk Road Fund Gets 49% Stake in Saudi Arabia’s ACWA Power

Headquartered in Saudi Arabia, ACWA Power, a developer, owner, and operator of power generation and water desalination projects has signed an agreement with Silk Road Fund for a 49% stake ...
India Installs 8.3 GW of Solar in 2018

950 MW of Solar Projects in Dubai Achieve Financial Closure

The Dubai Electricity and Water Authority (DEWA) and a consortium of Saudi Arabia’s ACWA Power and the Silk Road Fund, which is owned by the Chinese Government, announced the financial closure ...
/ / Markets & Policy, Solar
Azure’s Petition before MERC Seeking Declaration of GST as Change in Law Dismissed

Kuwait-Saudi Consortium Wins 500 MW Solar Project in Oman

A consortium of Kuwait and Saudi Arabian companies has won the bid to develop 500 MW of large utility-scale solar independent power projects (IPP) located at Ibri in Oman, according ...
/ / Markets & Policy, Solar
Deadline for Self-Certification of Solar Modules Extended Again to January 1, 2019

16 Companies Pre-Qualified for 500 MW of Solar Projects to be Developed in Tunisia

Tunisia has released a list consisting of 16 bidders in total for the development of 500 MW of solar projects across the country. The following companies have been pre-qualified by ...
/ / Solar, Tenders & Auctions
ACME Commissions a 200 MW Solar Project in Rajasthan’s Bhadla Solar Park

ACWA Power Achieves Financial Closure for its 300 MW Sakaka Solar Project in Saudi Arabia

ACWA Power, a Saudi Arabia-based firm involved in the development, construction, and operation of power generation and desalination of water plants, has announced the financial closure of the Sakaka solar project ...
/ / Markets & Policy, Solar
Hero Future, Vikram Solar and ACME go to Court Against DGTR Opposing Safeguard Duty

Saudi Arabia’s ACWA Power to Develop 100 MW Solar Project in South Africa

The International Company for Water and Power Projects (ACWA Power) has announced that it will soon begin the construction of a 100 MW solar project in South Africa. An agreement ...
Saudi Arabia’s Public Investment Fund Acquires 15.2% Stake in ACWA Power

Saudi Arabia’s Public Investment Fund Acquires 15.2% Stake in ACWA Power

The Public Investment Fund (PIF) of Saudi Arabia has acquired a 15.2 percent stake in International Company for Water and Power Projects (ACWA Power), a developer, owner, and operator of ...
ACWA Power to Develop 300 MW Skaka Solar Project in Saudi Arabia

ACWA Power to Develop 300 MW Sakaka Solar Project in Saudi Arabia

ACWA Power, a Saudi Arabia-based firm involved in the development, construction, and operation of power generation and desalination water plants, will develop the 300 MW grid-connected solar photovoltaic (PV) Sakaka ...
/ / Solar, Utility Scale