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New deal for £1.2GW solar projects in Egypt - reNews
Nov 25, 2024 · This initiative forms part of Masdar’s larger 4GW renewable energy programme. The deal represents the first project to emerge from the broader strategic partnership between Masdar, Hassan Allam Utilities, and Infinity Power, which aims to develop up to 11GW of renewable energy capacity in Egypt.
NESO unveils Clean Power plan - reNews - Renewable Energy News
Nov 5, 2024 · Related Stories UK unveils energy planning and grid reforms 13 December 2024 UK unveils long-duration storage scheme 10 October 2024 REA unveils ‘100 Days action plan’ for next government
Ireland unveils second offshore auction for 2025 - reNews
Nov 7, 2024 · Tonn Nua, known as ORESS 2.1, is the first ORESS phase 2 auction, which is state-led, making Li Ban 2.2, the second auction under phase 2. A developer-led offshore wind auction was held in 2023 under a different regime.
Intilion to deliver Swiss BESS - reNews - Renewable Energy News
Dec 16, 2024 · “Switzerland wants to convert 100% of its electricity supply to renewable energies by 2050. For this reason, large battery storage systems will play an increasingly important role in stabilising the electricity grid in the future,” said head of global sales and key account management at Intilion Frederik Sullwald.
Commission clears EEW Offshore takeover - reNews
Jan 6, 2025 · The European Commission has approved the acquisition of joint control of EEW Offshore Wind EU by EEW Holding and Japan’s Sumitomo. The deal has been cleared under the EU Merger Regulation and follows on from Sumitomo’s acquisition of an equity stake in the recently founded EEW Offshore Wind ...
BOEM approves US Wind construction plan - reNews
Dec 3, 2024 · “After more than four years of rigorous and robust analysis, we are thrilled to have secured this final BOEM approval. US Wind’s projects will produce massive amounts of homegrown energy and will help satisfy the region’s critical need for more electricity, all while supporting good local jobs."
ACWA achieves FID on 1.1GW Suez wind project - reNews
Jan 2, 2025 · An ACWA Power-led consortium has achieved financial close for the 1100MW Suez wind farm project in Egypt. The project secured a $704m senior debt facility from a consortium of banks, including the European Bank for Reconstruction and Development (EBRD), the African Development Bank (AFDB), the British International Investment Corporation, the German Investment Corporation, the OPEC Fund for ...
US investor launches European BESS platform - reNews
Jul 17, 2024 · Prior to joining Noveria Energy, Brooks held portfolio management and engineering roles at Schroders Greencoat and DNV respectively. Chair of Noveria Energy and president of BEC Neil O’Donovan said: "Well-located energy storage projects are a key enabler of the energy transition in Europe.