Solar Markets & Finance News

A consortium led by Singaporean renewables infrastructure programmer WEnergy Global Pte Ltd (WEG) has actually won an agreement in a tender to construct 16 microgrids with solar energy elements in the Philippine district of Palawan.

German financial investment supervisor Aquila Capital has struck a deal to get a 220-MW/440-MWh pipe of battery energy storage projects in Australia from Spain's Gransolar Group.

Canadian Premium Sand has actually entered into a second memorandum of understanding (MOU) with a North American solar panel maker to provide glass for photovoltaic panels. After negotiating with Qcells, CPS currently has a second handle Heliene. CPS will supply its patterned solar glass from its glass making facility that is currently being established in Selkirk, Manitoba.

Vietnamese PV tech specialist Boviet Solar Technology Co Ltd claimed that it has actually reserved a new order from Origis Energy in the United States, this time around securing a contract to provide over 400 MW of its PERC modules for a utility-scale project.

US fleet electrification and also energy performance options carrier XL Fleet Corp (NYSE: XL) has acquired dispersed generation (DG) solar systems proprietor and also driver Spruce Power in a bargain backing its new method to offer subscription-based services for roof solar, battery storage as well as EV charging.

All needed funds have been protected for the building and construction of 200 MW of solar plants that will provide electricity to titanium items maker Tronox Mineral Sands in South Africa.

Macquarie Capital, with Singapore-based Blue Leaf Energy Asia Pte Ltd., is spending at the very least $1.2 billion or around P68.3 billion in a 1,300-megawatt floating solar plant on Laguna Lake.

The funding was led by Equal Ventures as well as the participating capitalists included Twelve Below, Abstract Ventures, Founder Collective, and MCJ Collective. The new funding will certainly be made use of to release new financial products for DRE in emerging markets.

Forest Road Renewables, a climate-focused framework platform within The Forest Road Company, has announced a $36 million calculated investment in Pathway Power, a battery storage space designer based in California.

Singapore-based solar cell and panel maker Maxeon Solar Technologies Ltd (NASDAQ: MAXN) is seeking a new ceo (CHIEF EXECUTIVE OFFICER) as Jeff Waters is stepping down from that position.

Polish solar project programmer as well as power producer R.Power SA has issued PLN 120 million (USD 25.5 m/EUR 25.4 m) of green bonds to a fund handled by the Polish Development Fund (PFR), the company claimed on Thursday.

The collaboration will certainly help to satisfy market need for reliable and also cutting-edge solar energy products and options, especially in the C&I solar sector.

Singapore's WEnergy Global, collectively with Maharlika Clean Power Holdings as well as Clean Grid Partners, collectively referred to as the Maharlika Consortium, with their Special Purpose Vehicle, Island Chain Renewables Corporation, has actually authorized a Qualified Third Party (QTP) Service Contract to stimulate over 7,100 families as well as 300 tiny local companies with 16 microgrids spread over 14 barangays in 7 towns throughout the service location of the Palawan Electric Cooperative (PALECO) in Palawan, Philippines.

Aquila Clean Energy will certainly develop renewable energy pipe in the Iberian region-- Spain and also Portugal-- over the next 3 years. The firm has shut a EUR 1 billion building and construction facility, supported by the InvestEU programme and the staying greater than EUR 1 billion comes from funds taken care of by Aquila Capital.

New York Governor Kathy Hochul on Thursday introduced campaigns offering USD 33.6 million (EUR 33.6 m) in funding for long-duration energy storage space, consisting of hydrogen projects, targeted at advancing the integration of renewable energy as well as lowering the reliance on fossil fuels.