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Northland closes on Gemini offshore wind

A Northland Power-led consortium has reached financial close on the €2.8 billion ($3.7 billion) 600MW Project Gemini offshore wind farm in the Netherlands.

Ram Energy wins Opic funding for Akiira geothermal

The US Overseas Private Investment Corporation has provided $950,000 in early-stage funding for development at Ram Energy’s Akiira One geothermal project in Kenya

Dudgeon offshore wind awards key contract

Development of the UK’s £1.5 billion ($2.4 billion), 402MW Dudgeon offshore wind project off the Norfolk coast is continuing apace with the award of a major construction contract

SunEdison to develop Chinese solar

SunEdison has signed a joint venture agreement with JIC Capital to develop, construct and own up to 1GW of solar projects in China over the next three years

IFC plans Kenyan wind IPP equity

The IFC is considering a US$20.5 million equity investment in Keyna’s Kipeto wind farm IPP, the bank announced last week

EBRD considers Turkish geothermal financing

The European Bank for Research and Development (EBRD) is considering a $125 million financing to support early stage geothermal development in Turkey

Green Earth Power signs Myanmar solar MoA

Private Thai developer Green Earth Power has signed a memorandum of agreement with Myanmar’s Ministry of Electric Power (MOEP) for the development of a 220MW solar project in Minbu, Myanmar

Hochtief exits offshore wind business

Germany’s Hochtief has quit the offshore sector, selling its marine assets to Belgian contractor GeoSea

Nicaragua shakes up geothermal concessions

Nicaragua has approved amendments to the law on geothermal energy exploration and production which mandate public sector stakes in exploration and production concessions, and extend their length

Pakistan extends bid deadline for hydro projects

Pakistan’s Private Power and Infrastructure Board (PPIB) has extended the deadline for sponsors to respond to a tender to develop two greenfield hydropower projects

MVV Energie to buy Juwi majority stake

German energy company MVV Energie is planning to buy a majority stake in ailing renewables developer Juwi by the end of the year