Daily News Wrap-Up: JSW to Set Up 1.5 GW Capacity of Pumped Hydro Storage Project
Here are some noteworthy cleantech announcements of the day from around the world: JSW Neo Energy, a wholly-owned subsidiary of JSW Energy, named Komoram Bheem Pump Storage Project in Telangana ...
Share of Battery in Energy Storage Sector in MENA to Jump to 45% from the Current 7%
The Middle East and North African (MENA) countries must rapidly scale up and integrate variable renewable energy (VRE) – such as solar photovoltaic (PV) and onshore wind – into their ...
Project Finance Brief: Enel Green Power Acquires 3.2 GW Solar Portfolio in the US
From: Mercom Capital Group Enel Green Power North America, a developer, long-term owner, and operator of renewable energy projects has acquired a 3.2 GW portfolio of solar and solar-plus-storage projects from ...
Renewables to Gain 40% Share of $250 Billion Power Investments in MENA by 2025
In a recently published report, the Saudi Arabia-based Arab Petroleum Investments Corporation (APICORP) has predicted that the Middle East and North Africa (MENA) energy sector will receive investments worth $805 ...
APICORP Extends $50 Million to Yellow Door Energy to Increase its Solar Footprint
The Arab Petroleum Investments Corporation (APICORP), a multilateral development financing institution, announced that it would provide a $50 million (~₹3.6 billion) revolving construction facility to Yellow Door Energy Limited. A ...
Project Finance Brief: Hellenic Petroleum Acquires a 204 MW Solar Portfolio
From: Mercom Capital Group Hellenic Petroleum, through its wholly-owned subsidiary, ELPE Renewables, completed the acquisition of a portfolio of solar PV projects at the final permitting stage in the wider ...
APICORP Commits $50 Million Credit Facility to UAE-Based Rooftop Solar Develop SirajPower
The Arab Petroleum Investment Corporation (APICORP) announced that it would provide a $50 million credit facility to SirajPower, a UAE-based distributed solar developer, to expand its portfolio in the Middle ...