Cobra Energia, the renewable energy developer, has received $254 million in loans from a group of financing companies led by Natixis SA for two wind projects in southwest Peru.
The German-Dutch transmission grid operator TenneT has received ownership of SylWin1, the most powerful offshore grid connection to date. The offshore platform of the SylWin1 grid connection is located around 70 km west of the German Island of Sylt, of which the project was named.
Pakistan has awarded a $1.5 billion contract for what is claimed to be the largest solar power plant in the world. When finished the plant, to be built in Bahawalpur by Chinese company Zonergy Company Ltd, will have a power generating capacity of 900 MW.
The Japanese industry ministry is seeking to bring down the total electricity produced by nuclear power down from 28.6 per cent, the total before the Fukushima nuclear crisis, to 20-22 per cent by 2030.
Ancala Renewables, the London-based infrastructure developer, has bought Scottish hydropower company, Green Highland Renewables (GHR).
French power firm Areva has signed a pre-engineering agreement (PEA) with Nuclear Power Corporation of India (NPCIL) to set up two Evolutionary Power Reactors (EPR) at the Jaitapur Nuclear Power Project in Maharashtra state, India. The reactors will have a capacity of 1650 MW each.