PT PLN (Persero) has completed the construction of Southeast Asia’s first green hydrogen production plant called the Kamojang Geothermal Power Plant (PLTP) in Indonesia. This is Perseros’s 22nd Green Hydrogen Plant (GHP) which is developed at the new renewable energy (EBT) facility and will provide green hydrogen to the Senayan...
Encavis AG has inked two non-recourse project refinancing agreements for a total amount of €203 million for its operating solar plants Talayuela and La Cabrera in Spain. Both refinancing transactions have been structured, arranged, and managed by ENCAVIS’ inhouse Project Finance team. Furthermore, the Talayuela plant, located in the region...
Trinity Capital has finalised to provide $50 million in equipment financing to Electric Hydrogen, a manufacturer of electrolyzer systems that produce green hydrogen for critical industries. Electric Hydrogen’s electrolyzer systems are complete chemical plants that produce green hydrogen from renewable electricity and water, allowing for the decarbonization of industrial...
BluPine Energy has broadened its renewable energy portfolio through the acquisition of 369 MW of solar power assets from the ACME Group. The agreement encompasses 14 solar projects under special purpose vehicles situated in Uttarakhand, Punjab, and Karnataka. Following this transaction, BluPine’s overall renewable capacity has increased to 2.4 GW....
Vestas has confirmed a previous conditional agreement to provide turbines for Equinor’s 810 MW Empire Wind 1 project, which was successfully rebid in New York’s fourth offshore wind auction. Vestas stated in October 2021 that the project was a part of a larger preferred supplier agreement for the combined...
Hive Energy has completed the acquisition of four early-stage solar projects from the Polish developer T&T Proenergy. The cumulative capacity of the four sites will be 272 MW. The projects will be co-developed to the ready-to-build status. The two companies now have a development agreement in place for a portfolio of...
KP Energy Limited has commissioned 54.6 MW wind power capacity under Phase VI and VII of the 250.8 MW inter state transmission system (ISTS) connected wind power project (CLP India) at Sidhpur site in Devbhoomi Dwarka. These include commissioning of 25.2 MW wind power project under Phase VI. It consists...
JSW Renew Energy Five Limited, a wholly owned subsidiary of JSW Neo Energy, has signed a battery energy storage purchase agreement (BESPA) for the first project of 250 MW/500 MWh standalone battery energy storage system out of the total awarded project capacity of 500 MW/1,000 MWh (two projects each...
The Philippine state-run National Transmission Corporation (TransCo) has announced that it will be undertaking the construction of transmission facilities for renewable energy that are not yet identified under the Transmission Development Plan (TDP), prepared by the National Grid Corporation of Philippines, the private concessionaire of the Philippines’ transmission network. This...
The government of Uttar Pradesh (UP) has recently given its approval to green hydrogen policy, with the goal of shifting from traditional methods of hydrogen production to more environmentally friendly approaches. This initiative, announced in a cabinet meeting, aims to achieve an annual production of one million metric tonnes...