Datong city launches pioneering 6 GW Energy Project in 2024

Datong City kicks off the Shanxi Jinbei coal mining subsidence area’s new energy base project, a key initiative for the “dual carbon” target. This project, part of China’s 12 large-scale renewable energy bases, plans a 55 billion yuan investment for 6 GW of wind power and PV projects with 3.4 million kWh energy storage. Expected…

Longroad Energy secures $600M for renewable growth

Longroad Energy secures $600 million debt financing for wind, solar, and battery growth. Financing comprise a $275 million term loan, $175 million revolving credit, and a $150 million letter of credit. Following a $500 million equity investment in August 2022, this capital boosts the shift to project ownership. Apterra Infrastructure Capital leads the syndicated credit…