9 November 2015 12:44 AM GMT

The European Bank for Reconstruction and Development is providing a loan of up to €35 million(US$52 million) to the Office National de l Electricite et de l’Eau Potable for a rehabilitation programme of 12 small- and medium-sized hydropower plants in Morocco.
The overhaul will contribute to the extension of the lifespan of the plants and improve their energy efficiency. The loan is already the third transaction between the EBRD and ONEE.

November 3rd 2015
FFP New Hydro Acquires Owner of Planned 52-MW Project

FFP New Hydro has acquired Red River Hydro, the owner of a FERC Hydropower license for the Overton Lock and Dam Project, located on the Red River in Louisiana at an existing lock and dam facility owned and operated by the US Army Corps of Engineers.

October 26th 2015
Voltalia Signs Equity Line Agreement to Enhance Share Liquidity

Voltalia, the French clean energy projects developer, has signed an agreement for an equity line aimed at increasing the liquidity of its shares.

October 22nd 2015
Carribean Nations Get US$71.5 Million Clean Energy Funding

The Inter-American Development Bank and the Caribbean Development Bank have initiated the US$71.5 million loan and grant Sustainable Energy Facility package to fund renewable energy in six Eastern Caribbean countries.

October 22nd 2015
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.

October 20th 2015
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.

October 14th 2015
Ethiopia’s 1,870-MW Hydroelectric Project Comes Online

The 1,870-megwatt Gilgel Gibe III hydroelectric power project in Ethiopia has started operating on October 10, 2015, according to Fana Broadcasting Corporate (FBC).

October 9th 2015
Talen Energy Inks Deal to Sell Two Hydro Plants for US$860 Million

US-based Talen Energy Corp. has signed an agreement to sell two hydroelectric power plants with 299 megawatts of combined capacity to Brookfield Renewable Energy Partners for US$860 million.

The Holtwood and Lake Wallenpaupack hydroelectric projects are part of a requirement to divest certain assets in specific regions of the PJM Interconnection, which include portions of eastern Pennsylvania, New Jersey and Maryland, to comply with a December 2014 Federal Energy Regulatory Commission order approving the transactions that formed Talen Energy.

October 8th 2015
Clean Energy Investment in Q3 Hits US$70 Billion, NEF Data Shows

The Americas region led the way to US$70 billion in global investment in clean energy technologies the third quarter of 2015, according to the latest data from Bloomberg New Energy Finance.

August 28th 2015
UK Renewables Suffer Blow From Proposed Cuts in Assistance

In a blow to the renewable energy sector, the UK government is planning to impose massive cuts to a financial assistance program for clean energy projects including wind and solar.
The Department of Energy and Climate Change plans to reduce the so-called feed-in tariffs for wind-energy projects with capacities of between 100 kilowatts and 500kW to 4.52p/ per kilowatt-hour from 10.85p/kWh.

August 14th 2015
RAEF in Partnership for US$1 Billion of Renewables Projects

RAEF US, the US subsidiary of Real Assets Energy Fund, has signed an agreement with WElink Energy and China Triumph International Engineering Co. to jointly develop a pipeline of new renewable energy projects totaling US$1 billion in North America.

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