Japan’s MUFG Bank is financing the construction of two solar projects with a combined capacity of 220 MW by India’s Tata Power.
Amea Power has been awarded a 120 MW solar PV project in South Africa.
The International Energy Agency (IEA) has raised its global forecast for the growth of renewables in what it describes as its: “largest ever upward revision” for the sector.
ACWA Power and the Water and Electricity Holding Co. (Badeel), a unit owned by Saudi Arabia’s Public Investment Fund (PIF), have signed PPAs for the development of a 2060 MW solar PV plant in Al Shuaibah, Makkah province, Saudi Arabia.
Canadian renewable energy company NeoGreen Hydrogen and Portuguese developer of solar PV parks Frequent Summer have announced that they plan to invest €1 billion in a green hydrogen plant in Portugal.
The World Bank has approved a $497 million loan facility to Eskom for the repurposing of Komati Power Station.
The Asian Development Bank (ADB) has signed an agreement with Cambodia’s national electricity utility Électricité du Cambodge (EDC) for the development of 2 GW of solar capacity.
ACWA Power has been chosen by PLN, Indonesia’s state-owned electricity utility, to build two floating solar PV farms.
Octopus Energy Group has partnered with Nexta Capital Partners to create a joint venture to install 1.1 GW of new onshore wind and solar energy capacity in the south of Italy by 2025.
Finland’s Ministry of Economic Affairs and Employment (MEAE) has awarded €99.8 million of funding to six clean energy projects under the country’s Recovery and Resilience Plan.