Monday September 28, 2020 10:34

Energy Press Release : 02 Sep 2020

Hitachi ABB Power Grids innovates world-first disaster recovery solution based on modular mobile substations Energy—02 Sep 20

Game-changing 'plug and play’ solution vastly reduces time to restore power from 18 months to seven days, contributing to affordable, reliable and sustainable energy Hitachi ABB Power Grids has pioneered a ground-breaking modular mobile substation

Mainstream Renewable Power Closes Second Phase of c.US$1.8 billion Wind and Solar Financing Deal in Chile Energy—02 Sep 20

DUBLIN--2 Sep--PRNewswire/InfoQuest

Global wind and solar development company, Mainstream Renewable Power ("Mainstream" or "The Company"), has reached financial close for the second phase of its wholly-owned and fully-contracted 1.3 gigawatt "Andes Renovables" wind and solar power generation platform in Chile.

The Company has successfully raised US$620 million in debt to fund construction of phase two of what is one of Latin American's biggest wind and solar generation platforms. This brings to US$1.25bn raised to date by the Andes Renovables platform.

The Senior financing has been provided by a consortium of five banks: IDB Invest, KfW IPEX-Bank, DNB, CaixaBank and MUFG, and is one of the largest renewable energy debt financing deals undertaken in the world this year. A sixth bank, Santander, provided a VAT facility.

The 630 megawatt (MW) second phase of Andes Renovables &nda

Golden Celebration of Arctic Culture and Natural Resources Headlines Royal Canadian Mint's Energy—02 Sep 20

The Royal Canadian Mint has proudly issued a new collector coin crafted entirely of Nunavut-sourced gold. Entirely Arctic, from its design to its metal content, the reverse of the 2020 $10 Pure Gold Coin - An Inuk and a Qulliq, is the creation of Nunavut