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01 May 2024
in
Renewables

Results out for Germany's latest solar auction

Germany’s latest ground-mounted solar project tender has generated appetite well in excess of the 2234MW of capacity tendered.The tender, which had a deadline of 1...

30 April 2024

Clifford Chance adds two partners in Middle East

Clifford Chance has promoted Jeremy Barker and Ahmed Choudhry to partner.Based in Dubai, Barker acts for a wide range of clients in the energy, infrastructure and...

30 April 2024
in
Renewables

Enwind closes on Glochow wind financing

Enwind – a project company owned by TotalEnergies – has raised a PLN199 million ($49.3 million) financing from mBank to fund construction of the Gluchow II...

30 April 2024
in
Telecoms and Communications

TierPoint aims to raise $125m in third bond issue

TierPoint is aiming to raise $125 million in its third bond issuance, the proceeds of which will be used to finance or refinance a portfolio of eligible green assets,...

30 April 2024
in
Renewables

Netherlands awards €250m of green hydrogen subsidies

The Dutch government has awarded subsidies totalling €250 million ($268 million) to seven green hydrogen projects.Almost all of the capacity appears to come from two...

30 April 2024
in
Renewables

WEC Energy Group takes stake in Delilah I Solar Energy Center

WEC Energy Group has purchased a 90% stake in the Delilah I Solar Energy Center from Invenergy for $459 million. The 300MW project is located approximately 140 miles...

30 April 2024
in
Renewables

Seven wins in European Hydrogen Bank debut auction

Seven green hydrogen projects totalling 1.5GW of electrolysis capacity have been awarded a total of €720 million ($772 million) in the EU’s maiden European...

30 April 2024
in
Renewables

Boviet Solar Technology plans US solar manufacturing facility

Boviet Solar Technology is planning to develop a $294 million solar manufacturing project in the US. The facility will be located in Greenville, Pitt County, North...

30 April 2024
in
Renewables

First Gippsland offshore wind feasibility licenses awarded

Australia’s first round of feasibility licences to offshore wind projects, proposed for development off the coast of Gippsland in Victoria, have been awarded.Six...

30 April 2024
in
Renewables

Pine Gate Renewables receives $650m investment

Pine Gate Renewables has received a $650 million investment from Generate Capital, the Healthcare of Ontario Pension Plan (HOOPP), and HESTA. The investment will help to...

30 April 2024
in
Renewables

Private sector solar PV project in Bangladesh signs ADB financing

ADB has signed a $121.55 million financing package for Dynamic Sun Energy to build and operate a 100MW grid-connected solar PV power plant in Pabna, Bangladesh.The...

30 April 2024
in
Renewables

energyRe closes financing for solar and BESS project

energyRe has reached financial close on a project financing for its 108MWdc solar and 198MWh BESS Lone Star project in South Carolina. The $155 million financing includes...

30 April 2024
in
Metals and Mining

Peak Rare Earths secures financing interest for Ngualla project

Peak Rare Earths has received indicative, non-binding EoI from a combination of ECAs, African DFIs, and commercial banks as part of its project financing process for the...

30 April 2024
in
Renewables

ACWA looking to expand into Malaysia

ACWA Power has expressed interest in investing $10 billion in Malaysia over the next 10 years to develop renewable energy projects in collaboration with Cypark Resources....

30 April 2024
in
Transport

BII supports Indian EV charging network expansion

Indian EV charging network group ChargeZone has secured a $19 million commitment from BII.The company will use the funds to expedite the expansion of its high-speed...

30 April 2024

Proximocast: Industry News - 30 April

This week, Azeem highlights some of the biggest industry moves over the last few weeks. Plus, don't forget to check out the Project finance full year data report...

30 April 2024
in
Renewables

Netherlands postpones offshore wind target

The Netherlands has postponed its target of reaching 21GW of offshore wind capacity by 2031 to 2032. The amount of time typically needed for offshore wind projects to...

30 April 2024
in
Renewables

RWE receives Eemshydrogen project grant

RWE has received a funding commitment of €124.9 million (about $134 million) by Netherlands Agency Enterprise (RVO) for its Eemshydrogen project in the northern...

30 April 2024
in
Renewables

Geretsried geothermal project secures ECA-backed financing

Eavor Erdwarme Geretsried, a joint venture between Eavor (60%) and Chubu Electric (40%), has secured a €131 million ($140.3 million) project finance facility for the...

30 April 2024
in
Renewables

Further details on Baltic Eagle financing

Additional information has come to light regarding the debt financing for Masdar’s 49% share in the 476MW Baltic Eagle wind farm, which is due to be located off the...