OST Energy

Modern Diplomacy | March 24, 2019

The Asian Development Bank (ADB) today signed a private sector financing package to support the construction of a 275-megawatt combined-cycle gas turbine power plant in Riau province in central Sumatra, Indonesia, to help secure the country’s energy future and provide communities with more affordable and reliable electricity. The financing consists of a $70 million A loan from ADB’s ordinary capital resources and $82 million B loan from Sumitomo Mitsui Banking Corporation and MUFG Bank, with ADB...

Smart Energy | January 16, 2020

Enel Green Power Brazil has announced the operations of the 475MW section of the Sao Goncalo solar PV plant in the Brazilian state of Piaui. The plant is South America’s largest PV facility and has gone live a year ahead of the deadline set by the rules of the 2017 A-4 public tender. The tender was issued by the Brazilian federal government through the country’s energy regulator Agência Nacional de Energia Elétrica (ANEEL). Enel invested $390 million for the construction of the 475MW section of ...

Renewables Now | January 13, 2020

London-listed investment company US Solar Fund Plc (LON:USF) on Monday said it has closed the purchase from Greenbacker Renewable Energy Company LLC of three operational solar power facilities in North Carolina with a combined direct current (DC) capacity of 11 MW. Earlier this month, the company announced it had closed the acquisition of cash equity interests in five operational utility-scale solar farms in North Carolina with a total capacity of 28 MW, also part of the deal. The agreement for ...

Google | January 13, 2020

Tech giants continue to shake hands with energy providers in a bid to succeed in their sustainable energy source pledges. Affiliates of Google (NASDAQ: GOOGL) and NV Energy have agreed to power a new $600m data centre in Henderson, Nevada, through what they say is the world’s biggest battery-backed solar deal for a corporate customer. The deal was disclosed in a recent filing with the Public Utilities Commission (PUC) of Nevada by Nevada Power Co., a subsidiary of NV Energy that was acquired by ...