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Middle East and Israel

8 April 2014

Adenium finances $26m of solar projects in Jordan

solar-panels-stock 170 Dubai headquartered investment firm Adenium Energy Capital has financed 10MW of solar power projects in Jordan, which will have a total value of around $26m.

5 March 2014

Bluesphere strikes JV with Alfa Eco for waste-to-energy projects

foodwaste-170SQ One of Israel-based waste-to-energy developer and manager Bluesphere's wholly owned subsidiaries has signed a JV with New York's Alfa Eco Corporation to operate waste conversion projects.

4 March 2014

Incubit Technology Ventures invests $716,000 in CENS

Beersheva, Israel-based Incubit Technology Ventures, incubator of Elbit Systems, has invested NIS2.5m ($716,000) in portfolio company Cluster Engineered Nano Space.

19 February 2014

Smart grid VC funding falls in 2013 despite increased deal activityp

Venture capital funding into smart grid technology companies fell in 2013 despite a pick up in deal activity compared to the previous year.

18 February 2014

Jordan’s government issues tender for 100MW solarp

The government of the Kingdom of Jordan has issued a request for tenders to develop a further 100MW of solar generation capacity.

3 February 2014

Oasis Gulf Investment, FZC wins contract for Sierra Leone $18m solar farm

Oasis Gulf Investment, FZC, a subsidiary of Mulk Holdings, has won the engineering, procurement and construction contract for an $18m solar farm in Freetown, Sierra Leone - planned to be one of West Africa's largest parks at 6MW of capacity.

30 January 2014

EBRD supplies €65m for expansion of Moroccan water services

The European Bank for Reconstruction and Development is set to provide €65m as a sovereign guaranteed loan to Office National de l'Electricité et de l'Eau Potable to support the expansion of drinking water supply services in Morocco.

21 January 2014

IRENA, ADFD launch $41m rural renewable energy projectp

The International Renewable Energy Agency in tandem the Abu Dhabi Fund for Development have announced $41m in financing for renewable energy projects in developing countries.

6 December 2013

EBRD loans $133.7m for Russian grid upgrades

The European Bank for Reconstruction and Development (EBRD) has signed a 12-year loan of RUB4.4bn ($133.7m) to RusHydro for the upgrading of the grid system.

1 November 2013

Saudi waste management company GEMS could sell for $350m

Emerging markets investment manager Ashmore Group could sell its majority stake in a Saudi Arabia-based waste management company Global Environmental Management Services (GEMS.

4 October 2013

ACWA Power plans sukuk sale to raise funds prior to IPO

desertec_170_1701 Saudi energy generator ACWA Power International is planning to sell shares and Islamic bonds, called sukuk, as it considers expansion and an initial public offering.

30 September 2013

Nizam, Powerway to collaborate on 1GW Pakistan solarp

Solar system and equipment seller Nizam Energy and solar farm construction company Powerway have signed a cooperation agreement to develop over 1GW of solar in Pakistan and the Middle East.

25 September 2013

Russia plans 504MW of renewables after tender

Russia's government has chosen 39 renewables projects totalling 504MW of capacity to receive state subsidies under a government tender.

24 September 2013

Global Economy and Climate Commission launches New Climate Economy project

globaldigits170 The Global Commission on the Economy and Climate, comprised of leaders from government, finance, and business sectors of 14 countries, is to launch along with its project - the New Climate Economy - in an effort to examine how stronger economic performance can be supported by good climate policy.

23 September 2013

Saudi’s ACWA acquires German solar mirror manufacturer Flabeg

Saudi Arabia's ACWA Holding, via its subsidiary Sun & Life, has acquired German solar mirror manufacturer Flabeg.

23 September 2013

Kuwait planning $3.3bn CSP project

Kuwait is set to develop a 280MW concentrated solar power plant in Al-Abdaliya.

10 September 2013

Exclusive: Investment in solar-powered boats runs aground on long-term returnsp

The co-founder of the company behind the world's largest solar powered boat, the MS Turanor Planet Solar, says the market for renewable-powered vessels is unfairly viewed as impractical due to its long-term investment returns.

4 September 2013

Kaiima Bio-Agritech closes $65m financing round

Israeli-based seed-and-breeding technology company, which is used in the biofuels industry, Kaiima Bio-Agritech has closed a financing round having raised $65m.

4 September 2013

Desertec France launches to promote Africa, France sustainability

Desertec, which created a sustainability concept of utilising deserts as reservoirs for solar and wind energy, has launched Desertec France in order to promote sustainability in Africa, France, and the globe.

3 September 2013

Enlight development could send Israel wind farm capacity to 100MW

Israeli developer Enlight Renewable Energy is looking to help construct one of the largest wind projects in the country.

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