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Solar Power Plant
Starsight to Expand Hybrid Solar for C&I in Nigeria and Ghana
Finnfund and Norfund have doubled West African energy provider Starsight’s senior debt facility from $10 million to $20 million.
Thermal Plant
TPP Ugljevik Takes Desulfurization Unit Offline on Lack of Operation Permit
Coal mine and thermal power plant complex in Ugljevik has lifted its power prices by 15% due to the launch of its desulfurization unit, but the extension can’t…
Nuclear Power Plant
Paks-II Construction Licence Expected in 2021
Obtaining a licence for the construction of new units at Hungary’s Paks-II NPP is expected by autumn 2021, according to the outcome of a meeting in Budapest be…
Hydropower Plant
Sinohydro Asks Ugandan Govt for a New Deadline for the Delivery of the Karuma Dam
The Chinese company Sinohydro has just started negotiations with the Ugandan government to obtain an extension for the delivery of the dam and the 600 MW Karuma…
Energy Investment
Hong Kong Group Sets up Asia Clean Power Fund
Hong Kong-based investment manager ADM Capital has received a US$100m seed funding commitment from the Asian Infrastructure Investment Bank to launch a new Asia…
Rooftop PV System
DRC: EIF OGEF Lends $4m to Bboxx for Electrification Via Solar Home Systems
UK company Bboxx obtains a $4 million loan from the Off-Grid Energy Access Fund of the Energy Inclusion Facility.
Oil Field
GeoPark Announces Agreement to Sell 10% Working Interest in the Manati Gas Field in Brazil
The total consideration of the transaction amounts to R$144.4 million, including a fixed payment of R$124.4 million plus an earn-out of R$20.0 million, which is…
Wind Turbine
GE’s Haliade-X 12 MW, most Powerful Wind Turbine Operating to date, Obtains Full Type Certificate
Rigorous third-party certification process for Haliade-X successfully completed.
Hualong One
"Hualong One" Obtained the Certification Issued by the European EUR Organization!
Obtaining the results of the EUR certification means that the design of "Hualong One" meets the latest European nuclear power regulatory requirements.
Austria
Austrian Utility OMV Sells Gas Pipeline Unit to Verbund
Austrian utility OMV said on Wednesday it will sell a majority stake in its gas pipeline subsidiary to rival Verbund, a deal that will help OMV reduce debt and …
Solar Power Plant
German Power Player Secures €106m for Solar Surge
German independent power producer MKM Invest Group has raised €106m in debt financing to acquire a portfolio of European solar assets totalling 579MW.
Solar Power for Home
Lumos to Expand Solar Footprint in Nigeria with Latest Investment Win
Solar home system provider Lumos has obtained $35 million in financing from the US International Development Finance Corporation to expand its existing solar po…
Electricity Trade
Financially Strapped Laos Partners with Chinese Company to Manage Power Grid
Laos’ state-run electricity corporation this month entered into a power grid sharing agreement with a Chinese state-run firm, ceding majority control in a tie-…
Market Analysis
Mexico’s Pemex Slashes Oil Production Target For 2021
Mexico has revised down energy giant Pemex’s oil production target for next year by more than 8 percent in what was a no-surprise move to those familiar with t…
Hualong One
Hualong One: Fuqing No. 5 Unit Obtains Operating License
On September 4, 2020, the issuing ceremony of the operation license for Unit 5 of Fujian Fuqing Nuclear Power Plant was held in Beijing.
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