Scatec ASA Signs 25-Year PPA for Solar Plant in Tunisia

Scatec ASA, a renewable energy solutions provider signed a 25-year Power Purchase Agreement (PPA) with Tunisian state utility Société Tunisienne de l'Electricité et du Gaz (STEG) for the construction of the 120 MW Sidi Bouzid II solar power plant in Tunisia.Partnership with Aeolus SASApart from the PPA, Scatec also signed...

EIB Grants €405 Million to Energa for Power Grid Expansion in Poland

The European Investment Bank (EIB) announced the signing of a 1.7 billion Polish zloty (€405 million) loan agreement with Orlen's subsidiary, Energa. As the third and last tranche of a broader 3.5-billion-zloty loan to Orlen, the money is intended for the development and improvement of Poland's electricity grid. The financing...

GE Vernova Partners with RWE to Supply Wind Turbines for Texas Projects

GE Vernova Inc. has entered into an agreement with RWE to supply 109 of its advanced 2.8 MW–127m onshore wind turbines for two major wind projects in Texas. The turbines will power the Honey Mesquite wind farm in Glasscock County and revamp the Forest Creek Wind Farm near Big Spring.The...