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Toyo Invests In Japan’s Offshore Renewable Sector
Photovoltaic (PV)
05-02-2025
Turkey Allocates 800 MW in PV Tender With Final Price of $0.0325/KWh
Turkey is targeting 22.6 GW of cumulative installed solar capacity by the end of 2025, according to the Ministry of Energy and Natural Resources’ 2025 budget proposal.The proposal also sets targets of 14.8 GW of wind power, 32.4 GW of hydropower
Photovoltaic (PV)
05-02-2025
India Issues Nearly 4.5 GW of RE Tenders in January
Renewable energy tenders issued in India reached 4,419 megawatts (MW) in January 2025, according to JMK Research & Analytics.In its latest report, JMK said NTPC issued the largest bid for 1,200 MW of ISTS-connected solar power projects with 600 MW / 2
Wind Farm
24-01-2025
French Developer Wins Estonian Offshore Auction
Oxan Energy has secured permission to build an offshore wind farm in Estonian waters following a re-run auction.The Consumer Protection and Technical Regulatory Authority (CPTRA) announced that the French developer is the winner of the auction for the Saa
Photovoltaic (PV)
27-01-2025
Algeria’s Sonelgaz Relaunches 520 MW Solar Tender
Algerian utility Sonelgaz has reissued an engineering, procurement, and construction (EPC) tender to build three PV plants.The projects include a 120 MW project in Kenadsa (Béchar province), a 150 MW plant in Touggourt (Touggourt province), and
Hydropower Plant
24-01-2025
ANDRITZ Secures Contract for øKsenelvane Hydropower Plant in Norway
Contract signing for the new Øksenelvane power plant – left front: Knut Arild Flatjord, General Manager of SFE Produksjon AS; left back: Bjarte Lofnes Hauge, General Manager of Firdakraft AS; right front: Kjetil Toverud, Managing Dire
Tender/bid
02-01-2025
Tunisia Awards 500 MW of Photovoltaic Solar Projects in Tender
Tunisia has selected four photovoltaic projects totalling 500 MW in the first phase of the 1,700 MW call for tenders, with the best tariff being 0.029 euros per kWh.Among the winners of the AO-01-2022 call for tenders are three 100 MW projects proposed by
Tender/bid
31-12-2024
EDF Wins 250MW in French Offshore Tender
[Image: EDF]EDF and partner Maple Power have secured their 250MW Golfe de Fos 1 floating offshore wind farm in France’s AO6 tender.The joint venture, known as Eoliennes Méditerranée Grand Large, will design, build and opera
Energy Investment
30-12-2024
BHI Provides Brightnight With US$25 Million in Financing
BHI, the US Branch of Bank Hapoalim, B.M. and a full-service commercial bank, has announced that BHI and Bank Hapoalim are partnering on a loan which will provide US$25 million in financing to BrightNight, a renewable power company designed to provide uti
Energy Investment
30-12-2024
Spain Has 29 Projects From the EU Innovation Fund, With More Than 1,286 Million in Aid
Spain has a total of 29 projects awarded under the EU Innovation Fund, linked to a volume of aid of 1,286 million euros, making it the country with the most beneficiary projects.The projects, widely distributed geographically, will be developed in very di
Energy Investment
27-12-2024
‘First-ever’ Blue Bond in MENA Region Sees Light of Day
Dubai-based terminal operator DP World has issued a staggering $100 million blue bond, becoming the first company in the Middle East to mark this ‘milestone’.Credit: DP WorldAccording to DP World, the blue bond will aim to fund environ
Energy Investment
28-12-2024
Gazprom Greenlights $15 Billion Investment Plan to Bolster Gas Production Capacity
The board of directorates of Russia’s giant Gazprom has given its seal of approval for the firm’s projected investment program and budget for next year, which is set at RUB 1.52 trillion (almost $15.22 billion), a drop of about 7% comp
Energy Investment
25-12-2024
SCZONE Secures $64B in Green Hydrogen Investments With 12 Framework Agreements for 18M Tons Annual Production
The Suez Canal Economic Zone (SCZONE) has attracted $64bn in green hydrogen investments through 12 framework agreements, according to SCZONE Chairperson Waleid Gamal El-Din. This was announced during a meeting with Egyptian Prime Minister Mostafa Madbouly
Tender/bid
25-12-2024
Bharat Petroleum Wins 150 MW of Solar in NTPC Auction With INR 2.55/kWh Bid
India’s Bharat Petroleum has offer the lowest bid of INR 2.55 ($0.03)/kWh in NTPC’s new 1.2 GW solar auction, securing 150 MW of project capacity.Image: Priamo Mendez, UnsplashBharat Petroleum has secured 150 MW of project capacity wit
Tender/bid
25-12-2024
Fifth Round of Green Energy Auction for Offshore Wind Projects in the Philippines Set for Q3 2025
The Department of Energy of the Philippines (DOE) has announced the fifth round of the Green Energy Auction (GEA-5), exclusively dedicated to offshore wind projects. This auction is scheduled for the third quarter of 2025.The GEA-5 aims to secure market a
Tender/bid
23-12-2024
Harmony Energy Income Trust Reaches Final Stage of Portfolio Sale
The sale has reached the final stage and is expected to conclude by February. Image: HEIT.Harmony Energy Income Trust (HEIT) has announced that it has reached a new milestone in the sale of its UK portfolio.Yesterday (19 December), HEIT confirmed that it
Energy Investment
23-12-2024
Amazon Invests in Wind Power in Greece
Amazon is investing in three new utility-scale wind farms in Greece, its largest renewable energy deal in the country to date. These wind farms will help match the company’s electricity use in the region with carbon-free energy while supporting
Tender/bid
19-12-2024
50Hertz Opens Environmental Consultancy Tender for Danish Part of Bornholm Energy Island Interconnection
Transmission system operator (TSO) 50Hertz has launched a tender for environmental engineering consultancy services for the interconnection between Denmark and Germany, part of Bornholm Energy Island in the Baltic Sea.The TSO is looking to contract an env
Energy Investment
18-12-2024
Cubico Reaches FID on 500MW Oz Wind
[Image: Cubico]Cubico Sustainable Investments has achieved financial close for the 252MW Wambo Stage 1 and 254MW Wambo Stage 2 wind farms in Queensland, Australia.The financial close secures two separate five-year project finance facilities totalling appr
Tender/bid
16-12-2024
German Onshore Wind Tender Awards 4GW
Image: RWEGermany’s Federal Network Agency has awarded 4GW of capacity in the latest onshore wind tender results.More than 6GW of bids were submitted to the oversubscribed tender on 1 November.The 4094MW of awarded capacity comprises 348 bids.&q
Tender/bid
14-12-2024
Australia Selects First Tender Projects
Image: SXCThe Australian government has selected 19 wind, solar and hybrid projects as part of this first national tender process, which opened in May.The projects included ACEN Australia's 936MW Valley of the Winds scheme in New South Wales and t
Tender/bid
13-12-2024
All Applicants Pre-qualified for Colombia’s First Offshore Wind Tender
All companies that submitted applications to participate in Colombia’s first offshore wind tender have been pre-qualified, meeting legal, financial, and technical requirements.The announcement was made on 9 December by Colombia’s Natio
Energy Investment
11-12-2024
£30M Support Fuels JDR’s Growth Plans
Image: JDRJDR Cable Systems is set to expand its operations in the global floating wind sector after a UK Export Finance (UKEF) guarantee helped it secure £30 million in financing.The UK-based company supplies subsea power cables to offshore win
Energy Investment
11-12-2024
The Crown Estate Awards GBP 5 Million in First Supply Chain Accelerator Round
The Crown Estate has awarded nearly GBP 5 million in funding to 13 organisations across England, Wales, and Scotland in the first round of its Supply Chain Accelerator.According to The Crown Estate, the funding will help kick-start projects drawing down f
Energy Investment
10-12-2024
Swedfund and IFU Invest in Renewable Energy Development in Southern Africa
Swedfund and the Danish Investment Fund for Developing Countries, IFU, have partnered with Sturdee Energy to accelerate the expansion of renewable energy in Southern Africa, with a primary focus on South Africa, a country heavily reliant on coal-fired ele
Energy Investment
10-12-2024
China Expands Investments in Wind, Hydropower and Photovoltaic (PV) Energy Amid Global Economic Slowdown
In response to the global economic slowdown, China has stepped up its investments in green energy, with a new focus on solar PV, wind and hydropower developments. On December 6, 2024, the Chinese government announced that it would allocate an additional $
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