Author: PPD Team Date: 11/12/2024
Adani Group has announced plans to invest over Rs 7 trillion in Rajasthan across multiple sectors, including renewable energy.
The investment includes developing 100 GW of renewable energy capacity, aiming to create the world’s largest integrated green energy ecosystem.
The projects are expected to be implemented over the next five years.
Author: PPD Team Date: 05/12/2024 Amarenco has secured €500 million in international debt financing from a consortium of lenders, including Intesa Sanpaolo Bank Luxembourg, Rabobank, Santander Corporate & Investment Banking, and Berenberg. The funds will support the construction of solar projects in Spain, Portugal, Ireland, and Austria, as well as refinance existing debt. The agreement includes a €150 million accordion facility, designed to enhance Amarenco’s operational capacity, reduce financial risk, and improve project execution timelines. …
Author: PPD Team Date: 03/01/2025 ACWA Power, in partnership with HAU Energy, has achieved financial close for the 1.1GW Suez wind farm in Egypt’s Gulf of Suez region. The financing includes a $703.6m senior debt facility from a consortium of international banks and financial institutions, with the European Bank for Reconstruction and Development leading the deal. The $1.2bn project aims to support Egypt’s goal of sourcing 42% of its electricity from renewable energy by 2040….
Author: PPD Team Date: 31/03/2025 Himachal Pradesh and Telangana have signed a Memorandum of Understanding (MoU) to develop two hydroelectric projects: Seli (400 MW) and Miyar (120 MW). The agreement aims to meet Telangana’s growing demand for clean energy while leveraging Himachal Pradesh’s hydropower potential. Himachal Pradesh benefits from its perennial Himalayan rivers, allowing for hydropower generation for nine to ten months a year. In contrast, South Indian rivers provide limited hydropower generation. Telangana sees…
Author: PPD Team Date: 22/01/2025 Sembcorp Industries has inaugurated the 588 MW Manah 2 Solar Independent Power Project in Manah, Oman, marking its first greenfield renewables development in the Middle East. Backed by a 20-year 500 MW power purchase agreement with Nama Power and Water Procurement Company, the project began commercial operations on December 30, 2024, following successful acceptance tests. Spanning 6.8 million square meters in the Ad Dakhiliyah region, the project employs over 1…
Author: PPD Team Date: 08/01/2025 Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green Energy Limited, has received a Letter of Intent (LoI) for the development of 32.15 MW of solar power projects under the Captive Power Producer (CPP) segment in India. The projects were awarded by various companies, including Aditya Ultra Steel, Suraj Dyeing and Printing, Sunita Processors, and several others. The solar projects are expected to be completed under various tranches…
Author: PPD Team Date: 29/11/2024 Hitachi Energy will provide essential grid connection and power quality solutions for ScottishPower Renewables’ East Anglia 2 (EA2) offshore wind farm. The 960 MW project, located 32 kilometres off Suffolk in eastern England, will generate enough energy to power one million UK homes. The project will leverage Hitachi Energy’s Grid-eXpand system, gas-insulated switchgear, and Grid-enSure power quality solution, featuring the SVC Light STATCOM. ScottishPower Renewables describes the £4 billion EA2…
Author: PPD Team Date: 05/12/2024 Amarenco has secured €500 million in international debt financing from a consortium of lenders, including Intesa Sanpaolo Bank Luxembourg, Rabobank, Santander Corporate & Investment Banking, and Berenberg. The funds will support the construction of solar projects in Spain, Portugal, Ireland, and Austria, as well as refinance existing debt. The agreement includes a €150 million accordion facility, designed to enhance Amarenco’s operational capacity, reduce financial risk, and improve project execution timelines. …
Author: PPD Team Date: 03/01/2025 ACWA Power, in partnership with HAU Energy, has achieved financial close for the 1.1GW Suez wind farm in Egypt’s Gulf of Suez region. The financing includes a $703.6m senior debt facility from a consortium of international banks and financial institutions, with the European Bank for Reconstruction and Development leading the deal. The $1.2bn project aims to support Egypt’s goal of sourcing 42% of its electricity from renewable energy by 2040….
Author: PPD Team Date: 31/03/2025 Himachal Pradesh and Telangana have signed a Memorandum of Understanding (MoU) to develop two hydroelectric projects: Seli (400 MW) and Miyar (120 MW). The agreement aims to meet Telangana’s growing demand for clean energy while leveraging Himachal Pradesh’s hydropower potential. Himachal Pradesh benefits from its perennial Himalayan rivers, allowing for hydropower generation for nine to ten months a year. In contrast, South Indian rivers provide limited hydropower generation. Telangana sees…
Author: PPD Team Date: 22/01/2025 Sembcorp Industries has inaugurated the 588 MW Manah 2 Solar Independent Power Project in Manah, Oman, marking its first greenfield renewables development in the Middle East. Backed by a 20-year 500 MW power purchase agreement with Nama Power and Water Procurement Company, the project began commercial operations on December 30, 2024, following successful acceptance tests. Spanning 6.8 million square meters in the Ad Dakhiliyah region, the project employs over 1…
Author: PPD Team Date: 08/01/2025 Sun Drops Energia Private Limited, a wholly-owned subsidiary of KPI Green Energy Limited, has received a Letter of Intent (LoI) for the development of 32.15 MW of solar power projects under the Captive Power Producer (CPP) segment in India. The projects were awarded by various companies, including Aditya Ultra Steel, Suraj Dyeing and Printing, Sunita Processors, and several others. The solar projects are expected to be completed under various tranches…
Author: PPD Team Date: 29/11/2024 Hitachi Energy will provide essential grid connection and power quality solutions for ScottishPower Renewables’ East Anglia 2 (EA2) offshore wind farm. The 960 MW project, located 32 kilometres off Suffolk in eastern England, will generate enough energy to power one million UK homes. The project will leverage Hitachi Energy’s Grid-eXpand system, gas-insulated switchgear, and Grid-enSure power quality solution, featuring the SVC Light STATCOM. ScottishPower Renewables describes the £4 billion EA2…
Author: PPD Team Date: 05/12/2024 Amarenco has secured €500 million in international debt financing from a consortium of lenders, including Intesa Sanpaolo Bank Luxembourg, Rabobank, Santander Corporate & Investment Banking, and Berenberg. The funds will support the construction of solar projects in Spain, Portugal, Ireland, and Austria, as well as refinance existing debt. The agreement includes a €150 million accordion facility, designed to enhance Amarenco’s operational capacity, reduce financial risk, and improve project execution timelines. …
Author: PPD Team Date: 03/01/2025 ACWA Power, in partnership with HAU Energy, has achieved financial close for the 1.1GW Suez wind farm in Egypt’s Gulf of Suez region. The financing includes a $703.6m senior debt facility from a consortium of international banks and financial institutions, with the European Bank for Reconstruction and Development leading the deal. The $1.2bn project aims to support Egypt’s goal of sourcing 42% of its electricity from renewable energy by 2040….