E.on Commissions 288-MW Offshore Wind Farm
E.on has commissioned the 288-megawatt Amrumbank West offshore wind farm in the German North Sea about 40 kilometers from Helgoland island.
Europe/Middle East/Africa
Terra Firma in Bid to Take Infinis Energy Private
Terra Firma Capital Partners will buy all the remaining shares that it doesn’t own in Infinis Energy, which will take the UK-based renewable energy developer private.
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Sinohydro to Develop 750-MW Hydroelectric Project in Zambia
China’s Sinohydro Corp. has won a contract to build the 700-megawatt Kafue Gorge Lower hydroelectric project for Zambia’s state-owned power company Zesco.
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OPIC Commits US$400 Million to 100-MW South African Solar Project
The Overseas Private Investment Corporation has signed an agreement with US-based energy developer SolarReserve and Saudi Arabia-based ACWA Power with a US$400 million commitment of debt financing to support the development of the100-megawatt Redstone Concentrating Solar Power project in Northern Cape, South Africa.
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EDP Renovaveis to Partner China Three Gorges for Scottish Wind Project
EDP Renovaveis has signed an agreement with China Three Gorges Corp. to invest in and develop the Moray wind offshore project, located in the North Sea off the coast of Scotland.
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RWE Starts 16-MW Hungarian Solar Project
RWE has commissioned a 16-megawatt solar project in the town of Visonta, northeast of Budapest, Hungary.
Belltown Power Clinches US$45 Million Financing for Solar, Wind Plants
UK-based developer Belltown Power has received a £45 million (US$69 million) multiple draw down facility from Macquarie Infrastructure Debt Investment Solutions to finance a portfolio of six operational renewable energy projects.
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Google to Buy Stake in Vestas’ 310-MW Kenyan Wind Farm
Google will acquire Vestas’ 12.5% stake in Africa’s largest wind farm, the 310-megawatt Lake Turkana in Kenya.
The Lake Turkana wind park is expected to be one of the most efficient wind parks in the world, and have an annual power production of more than 1,400 GWh, which will provide around 15% of Kenya’s electricity needs based on current generation capacity. The wind park is owned by Lake Turkana Wind Power and is key to Kenya’s development goals.
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Ecotricity to Raise US$38 Million From Bonds for Solar, Wind Projects
UK green energy company Ecotricity has launched a third bond as it looks to raise up to £25 million (US$ 38 million)to assist in building more green energy projects in Britain.
Funds from the ecobonds one and two helped finance the building of a hybrid solar energy park and four wind power projects totalling nearly 20MW of capacity. ecobond three will offer investors a return of 5.5% per annum and help finance six new green energy projects already in the first stages of construction – projects that could generate enough green energy to power over 10,000 homes.
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Ruaha River Gets Investment to Ramp up Tanzania Projects
Ruaha River Power Co. has received an equity investment that has allowed the company to acquire heavy equipment, vehicles, and facilities for use in its renewable energy business operations in Tanzania.
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