Some 22,000 potential energy storage sites have been identified in a new study, with a capacity of 67,000GWh.
Tag Archives | hydropower
The $25m project is Australian impact investment manager’s largest solar deal.
Actis and Mainstream’s JV secured $410m for the 300MW Sarco and Aurora wind farms, which will generate cheaper electricity than fossil fuel alternatives.
The $1bn 500MW energy storage facility will be built by Chinese state-owned engineer Powerchina.
The private equity firm shed the hydro assets it bought in a deal last year that also included gas and petroleum-fired power plants.
The projects, all located in Norway, produce about 70GWh of power per year and add to the company’s growing presence in the Nordics.
Green Highland Hydro, owned by sponsor Ancala Partners, will receive £51m in debt financing from the facility.
The $1.7bn Chinese-sponsored project in the Punjab province will serve three million residential customers, easing a severe power shortage in the country.
The loan will help fund the installation of renewable energy power plants in the off-grid areas of Khyber Pakhtunkhwa Province and Punjab.
Building on a $200m capital injection by the private equity firm, the platform aims to develop a portfolio totalling more than 2GW in Southeast Asia and Australia.