Global Investment in Renewable Energy Could Reach $3.40 Trillion by 2030_ Report

Global Investment in Renewable Energy Could Reach $3.40 Trillion by 2030: Report

Global investments in the renewable energy sector are expected to rise to $3.4 trillion by 2030, including an estimated investment of $2.72 trillion in solar and wind energy sectors, according ...
/ / Other, Renewable Energy
APICORP Commits $50 Million Credit Facility to UAE-Based Rooftop Solar Develop SirajPower

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 ...
/ / Finance and M&A, Solar
Syria to Develop 63 MW of Solar Projects

Syria to Develop 63 MW of Solar Projects

The Public Establishment of Electricity for Generation (PEEG) of the Syrian Arab Republic has floated tenders for the development of two solar projects (40 MW and 23 MW ) in ...
/ / Solar, Utility Scale
IFC to Invest Over ₹18 Million in Rooftop Solar Projects in West Bank

IFC to Invest Over ₹18 Million in Rooftop Solar Projects in West Bank

The International Finance Corporation (IFC), the financial wing of the World Bank Group, and Massader, a subsidiary of the Palestine Investment Fund (PIF), announced that they signed a loan agreement ...
Africa and Middle East Wind Capacity Additions Down 7% in 2019

Africa and Middle East Wind Capacity Additions Down 7% in 2019

Africa and the Middle East have added 894 MW of wind power capacity in 2019, down by 7% from the previous year, according to data released by the Global Wind ...
/ / Wind
Saudi Arabia Announces 1.5 GW Solar Tender

Saudi Arabia Announces 1.5 GW Solar Tender

In line with the country’s National Renewable Energy Programme (NREP), Saudi Arabia’s Renewable Energy Project Development Office (REPDO), has invited expressions of interest for seven greenfield solar PV projects with ...
/ / Solar, Tenders & Auctions
Green Investment Group Acquires Conergy’s Solar Portfolio in Asia and Middle East

Green Investment Group Acquires Conergy’s Solar Portfolio in Asia and Middle East

Macquarie Capital’s global green investment platform, Green Investment Group (GIG), has acquired a solar development portfolio from Conergy Asia and Middle East. The portfolio includes solar development assets in the ...
/ / Finance and M&A, Solar
BlackRock Real Assets Power and Energy Infrastructure Fund Raises $1.5 Billion

BlackRock Real Assets Power and Energy Infrastructure Fund Raises $1.5 Billion

Global Energy & Power Infrastructure Fund III (GEPIF III), a BlackRock Real Assets power and energy infrastructure fund, has secured $1.5 billion in commitments from prominent institutional investors in North ...
Saudi Arabia and SoftBank Ink Deal to Develop World’s Largest Solar Project

Saudi Arabia and SoftBank Ink Deal to Develop World’s Largest Solar Project

Japanese telecom giant-turned-tech investor SoftBank has announced plans to invest in creating the world’s largest solar power project in Saudi Arabia, according to Reuters. The project is expected to have ...