Solar Markets & Finance News

Move follows Hunterston Port as well as Resource Campus being granted national growth status

Clean Energy Connect (CEC), which is also a part of the Itochu group, has inked a business power purchase agreement (cPPA) to offer renewable resource to Amazon for twenty years. Amazon will certainly get green power at a set price.

Enel Green Power's solar panel manufacturing facility in Italy has authorized an agreement to secure up to EUR 560 million (USD 602m) in loans to fund the capacity growth to 3 GW each year, Italian utility Enel SpA (BIT: ENEL) stated on Monday.

United States residential solar firm Complete Solaria Inc has obtained a USD-10-million (EUR 9.3 m) strategic financial investment from an entity affiliated with the chairman of venture capital firm Kleiner Perkins, John Doerr.

Antaisolar claims that solar tracking system called 'Making use of TAI-Simple' can ensure the stability of the project. The torque tube of the solar tracker can effectively shield with dampers on both sides, greatly enhance its wind-resistance ability, as well as is a lot more economical.

Vast Solar will certainly be establishing the 30 MW/ 288 MWh focused solar plant in Port Augusta, South Australia. The innovation creates clean, low-cost, dispatchable power by capturing and storing the sun's energy during the day to be used to produce heat as well as power, consisting of in the evening.

Denham has gotten Solops as well as will certainly support the growth of the business including implementation of Solops' over 800 MW pipe of project investments. Solops has collectively established and also constructed over 3 GW of C&I solar throughout 29 states and closed on fundings in excess of $2.1 billion.

Spanish utility Iberdrola has secured a $160.8 million green loan from the European Investment Bank to develop 400 MW of wind and solar energy in Italy.

Voltalia and Photosol sign corporate PPAs with Leroy Merlin to build three solar and one wind installation for 125GWh of sustainable energy supply annually

On Friday, Enlight Renewable Energy had revealed the rates of its going public of 14,000,000 ordinary shares at a rate to the general public of $18.00 per share. Enlight has actually likewise granted the underwriters a 30-day option to acquire approximately an added 2,100,000 ordinary shares at the going public price, less underwriting price cuts and compensations.

Polish renewables developer PAD RES has secured a €38m bridge loan to support the construction of 14 fully merchant solar PV projects with a total capacity of 76MWp.

Iberdrola SA has won a tender to build a 25-MWp floating solar plant in the region of France, near the border with Germany and Switzerland. The project will create Iberdrola's first floating solar plant in France and is expected to generate 27 GWh of electricity annually.

Norwegian renewables developer and operator Scatec ASA has placed NOK 1 billion worth of new senior unsecured green bonds to refinance a bridge facility. The move will help to strengthen the company's balance sheet and long-term cash flows.

US exclusive equity financier Denham Capital stated on Friday that it has closed the purchase of New Jersey-based firm Solops LLC, a designer, financier, owner and also operator of solar PV systems in the business and commercial (C&I) sector.

Belgrade-based power producer CNJ Neo Energo has actually recommended to construct a 10-MW wind farm as well as a 10-MW solar farm in eastern Serbia.