Solar Markets & Finance News

Azerbaijan solar gigantic secures $114m.

EBRD and various other development banks have authorized the financing plan for Masdar's 230MW project.

Aug 2, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Masdar, EBRD, Europe, Azerbaijan

UBS Asset Management gets 700MW ERCOT BESS portfolio from Black Mountain Energy Storage

Programmer Black Mountain Energy Storage (BMES) has marketed 700MW of development-stage projects to UBS Asset Management, its third substantial sale in the Texas ERCOT market in 2 months.

Aug 2, 2022 // Markets & Finance News, Storage, USA, Texas, investment, lithium-ion, North America, ERCOT, asset management, grid stabilising, renewables integration, standalone battery storage

Zinc battery company Eos Energy secures US$ 85m loan

Zinc-based battery energy storage system carrier Eos Energy Enterprises has secured a US$ 85 million loan center with Atlas Credit Partners (ACP).

Aug 2, 2022 // Markets & Finance News, Storage, USA, North America, pipeline, Zinc, loan, loans, Eos Energy Enterprises, zinc-air

Toyota-Panasonic Battery JV to Buy Lithium From Nevada Mine of Ioneer

The lithium provided by ioneer will certainly be utilized to make electric vehicle batteries in the United States. PPES will be able to produce regarding 150,000 electric vehicles' batteries annually with the amount of lithium provided.

Aug 2, 2022 // Markets & Finance News, Storage, Lithium-ion batteries, Toyota, electric vehicle batteries, ioneer Ltd, lithium carbonate, Nevada state, Panasonic corp, Prime Planet Energy & Solutions, Rhyolite Ridge, Toyota Motor Corp

Borrego finishes solar-plus-storage development arm sale to investors ECP

United States solar and energy storage designer Borrego has actually finished the formerly announced spin off and also sale of its development business to energy transition investor ECP for a concealed quantity, with the new company being relabelled as New Leaf Energy.

Aug 2, 2022 // Markets & Finance News, Storage, USA, storage, pv power plants, North America, acquisition, Borrego Solar, borrego, ecp

India to add 20GW of solar PV in FY2023

India set up more than 12GW of solar PV in the fiscal year 2022 (FY2022) yet this is expected to soar to more than 20GW in FY2023 as the nation aims to accelerate its solar implementation, according to JMK Research.

Aug 2, 2022 // Markets & Finance News, UTILITY-SCALE SOLAR, India, pv power plants, Asia, rooftop solar, modules, basic customs duty, JMK Research, india solar

Ampt files lawsuit against SolarEdge alleging patent infringement on power systems innovation

Power optimiser service provider Ampt has filed 2 lawsuits against SolarEdge in the United States alleging patent infringement on power optimiser modern technology.

Aug 1, 2022 // Markets & Finance News, USA, SolarEdge, North America, lawsuits, power optimisers, patent infringement, Ampt

Actis to take regulating stake in Dubai's solar platform Yellow Door Energy

Private equity company Actis has actually struck a deal to obtain a controlling interest in Dubai-based solar platform Yellow Door Energy Ltd with over 200 MW of protected manufacturing capacity.

Aug 1, 2022 // Markets & Finance News, Actis, Dubai, Yellow Door Energy Ltd

Foresight acquires 50% stake in UK battery project

Clayfords Energy Storage Limited holds the advancement rights to 50MW lithium-ion storage plant in Scotland

Aug 1, 2022 // Markets & Finance News, Storage, Europe, SCOTLAND, Foresight Solar

EDPR protects 200MW Californian solar PPA

United States project, which is anticipated to be operational in 2024, additionally includes 150MW of storage space

Aug 1, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, USA, North America, EDPR

Iberdrola to acquire Polish wind, solar projects

98MW of assets will certainly be purchased from V-ridium, KGAL JV Augusta Energy

Aug 1, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Poland, Iberdrola, Europe, KGAL, V-RIDIUM

United States utility to acquire 130MW solar site from Invenergy

CenterPoint Energy is seeking approval from the Indiana Utility Regulatory Commission

Aug 1, 2022 // Markets & Finance News, USA, Invenergy, North America

Mytilineos' profits soar to US$ 168m in H2 2022 as renewable sales double

Renewables programmer Mytilineos has seen its profits soar to EUR166 million (US$ 168.56 million) in H1 2022, with renewables sales nearly doubling.

Aug 1, 2022 // Markets & Finance News, Chile, South america, financial results, Renewable Energy, Mytilineos, turnover, financial update

First Solar inks 2.4 GW supply deal with Intersect

Modules will be supplied to developer's US pipe of projects

Jul 29, 2022 // Manufacturing News, Markets & Finance News, USA, First Solar, North America, Sheldon Kimber

Asset manager ICG protects bulk stake in BSR

Intermediate Capital Group has actually obtained a 83.5% ownership from Siem Europe

Jul 29, 2022 // Markets & Finance News, UK, Europe, Intermediate Capital Group, ICG, Tim Humpage

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