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 ...
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
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 ...
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
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
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 ...
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 ...
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 ...
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 ...
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 ...
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 $5 billion (~₹372.7 billion) green hydrogen-based ammonia production facility powered by renewable ...
Dubai’s Renewable Energy Share in its Power Mix Exceeds Target
The Dubai Electricity and Water Authority (DEWA) has announced that the share of renewable energy in Dubai’s Energy mix has increased to nearly 9%. This exceeds the target set in ...
500 MW Solar Project in Oman’s Ibri Achieves Financial Closure
Saudi Arabia’s energy giant ACWA Power, along with the Gulf Investment Corporation (GIC) and Asia-Pacific Economic Cooperation (APEC), has achieved the financial closure for a 500 MW solar independent power ...
Saudi Arabia Announces List of Pre-Qualified Bidders for its 1.2 GW Solar Tender
The Saudi Arabia Renewable Energy Project Development Office (REPDO) has announced the list of companies that are pre-qualified to bid in round three for a combined solar capacity of 1.2 ...
Saudi Arabia’s ACWA Power Signs PPA with Egypt for a 200 MW Solar Project at Kom Ombo
ACWA Power, Saudi Arabia’s energy giant, has signed a power purchase agreement (PPA) with the government of Egypt to finance, develop, construct, and operate the 200 MW Kom Ombo solar ...
ACWA Power to Develop 250 MW of Solar Projects in Ethiopia
Saudi Arabia’s ACWA Power has won two 125 MW solar projects in Ethiopia in the country’s first round of solar program under Public-Private Partnership (PPP). The projects will be located ...
Dubai’s 900 MW Solar Auction Sees Record Low Tariffs
The International Company for Water and Power Projects (ACWA Power) has quoted the lowest tariff bid at less than ~$ 0.017/kWh for 900 MW of solar projects. The tender was ...
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 ...
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 ...
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 ...
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 ...
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 ...
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
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 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 ...