Engie, Tokyo Gas secure $60m loan for Mexican renewables portfolio
The private sector subsidiary of the French Development Agency is backing the construction of four solar power plants and two wind farms with a combined generation capacity of 900 MWp.
Scatec Solar secured 300 MW of solar capacity in 500 MW Tunisia auction
The Norwegian PV developer was allocated three of the five projects available in the procurement exercise, having reportedly offered to accept $0.025/kWh from utility Société Tunisienne de l’Electricité et du Gaz for the clean power produced by the largest, 200 MW slice of generation capacity available.
Engie secures solar PPA in France, vows to shut 1 GW of coal in Latin America
At the ongoing COP25 summit in Madrid, the French energy group announced the closure of nearly 1 GW of coal assets in Chile and Peru between 2019 and 2024. It also secured a PPA for an 18 MW solar park that will come online in southern France in June 2021.
Oman reveals bidders in 146 MW solar-diesel-storage tender
The state-owned Rural Areas Electricity Company wants to build 11 solar-diesel-storage projects in isolated rural areas. Pre-qualified bidders in the tender include Engie, Canadian Solar, Akuo, Longi, Jinko, GCL, Abengoa, Total and Belectric.
European Utility Week: ‘The confidence is coming back’
The energy transition is becoming ever more apparent among power companies, as was evident at the European Utility Week event last week in Paris, which showcased the hopes and fears of energy companies. Rebranding next year to ‘Enlit’, the organizers aim to reach the whole energy industry.
Engie and Air Liquide join forces to develop green hydrogen
A cooperation agreement was signed by the French corporations to launch the HyGreen Provence project, which is expected to produce annually 1300 GWh of solar electricity and 10,440 tons of green hydrogen by 2027.
Engie Australia readies 2 GW renewables war chest
The French energy company is preparing a fund to develop clean energy in Australia over the next ten years. The move comes despite a federal energy policy vacuum that industry insiders fear is deterring investment.
PowerGen closes funding for electricity access for a million people
The microgrid utility has raised enough capital from Shell New Energies to deploy systems across sub-Saharan Africa.
Eswatini 40 MW solar tender attracts 13 approved bidders
The regulator received 26 proposals overall for a project intended to make the kingdom less dependent on power imports from troubled South African utility Eskom.
Burkina Faso gold mines to get 13 MW solar-plus-storage
Renewable energy is rapidly being adopted by mining companies as the combination of off-grid power and cheaply available renewables offers a strong business case.
