apicorp

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MENA Weekly Roundup: Egypt Launches $200 Million Solar Components Plant

Egypt’s Suez Canal Economic Zone and Chinese firm Sunrev Solar commenced construction of an integrated solar energy components industrial complex in Ain Sokhna. Spanning...

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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...

April 25, 2022

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Satish Shetty

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Other

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Renewable Energy
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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...

December 17, 2021

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Arjun Joshi

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Energy Storage

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Market & Policy
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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...

July 19, 2021

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Staff

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Other

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Renewable Energy
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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...

May 10, 2021

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Srinwanti Das

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Other

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Renewable Energy
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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)...

December 11, 2020

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Rakesh Ranjan

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Finance and M&A

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Solar
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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...

October 12, 2020

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Staff

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Other

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Renewable Energy
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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,...

July 27, 2020

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Staff

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Finance and M&A

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Solar

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