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Shinhan Bank concludes $120 million financing deal for Japanese solar power project

  • 7 years ago (2016-11-28)
  • David Flin
Shinhan Bank of South Korea has announced that it has concluded a project financing deal worth $120 million for a 33 MW solar power plant in three regions of Japan – Kagoshima Prefecture, Kumamoto Prefecture, and Shimane Prefecture.

Alberta to pay $1.4 billion to end coal-fired electricity production by 2030

  • 7 years ago (2016-11-25)
  • David Flin
The government of the Canadian province of Alberta has announced that it will pay $1.4 billion over the next 14 years to three energy companies, as compensation for ending coal-fired electricity production at six plants in the province.

Electric power production in Peru to grow 9 per cent this year

  • 7 years ago (2016-11-24)
  • David Flin
Peru’s electric power production may expand by 8-9 per cent by the end of 2016, according to Carlos Mario Caro, President of Peru’s National Society of Mining, Oil, and Energy (SNMPE) Electric Sectorial Committee.

Zimbabwe’s power group owes $18 million to Eskom

  • 7 years ago (2016-11-24)
  • David Flin
The Zimbabwe Electricity Supply Authority (ZESA) has warned that the financial crisis in the country could result in its foreign electricity suppliers ceasing to provide supplies.

Tesla and SolarCity switch island of Ta’u to solar-only power

  • 7 years ago (2016-11-23)
  • David Flin
SolarCity and Tesla have announced that they have rolled out a solar power and battery storage enabled microgrid on the island of Ta’u in American Samoa.

China’s grid-connected wind power capacity increases

  • 7 years ago (2016-11-23)
  • David Flin
China’s National Energy Administration (NEA) has released data showing that the country’s grid-connected wind power capacity has continued to increase, but the utilisation rate was starting to decline after years of capacity expansion.

ZESA to raise $314 million for Hwange

  • 7 years ago (2016-11-22)
  • David Flin
Zimbabwe Electricity Supply Authority (ZESA) Holdings has said that it expects to raise $314 million by the end of the year for its equity contribution towards Hwange Power Station capacity expansion to enable financial closure of the project.

Sri Lanka to use Qatar LNG for power plants

  • 7 years ago (2016-11-21)
  • David Flin
Rauff Hakeen, Sri Lanka’s Minister of City Planning and Water, said that Sri Lanka is keen to import LNG from Qatar as part of government policy to shift to clean energy.

Morocco plans power generation from waste

  • 7 years ago (2016-11-21)
  • David Flin
PEPS, a Moroccan company, has signed an agreement with Siemens and French-based renewable energy firm NST to convert household waste to electricity, according to a report in Morocco World News.

Wärtsilä introduces performance guarantee for self-operating customers

  • 7 years ago (2016-11-18)
  • David Flin
Wärtsilä has announced that it will be offering the Wärtsilä Guaranteed asset performance solution for power plant operators.