Solar Markets & Finance News

South Africa's federal government has actually introduced a raft of measures to boost the release of renewables in the nation as it replies to a growing energy crisis.

Installation and project growth companies drove job development in the United States solar field last year as the market utilized 255,037 workers, a 9.2% rise on 2020, a report has revealed.

UK-based energy group Octopus Energy has actually raised US$ 550 million to buy renewables-enabling innovations and solutions.

US facilities home builder MasTec (NYSE: MTZ) has accepted take control of renewables-specialising market gamer Infrastructure as well as Energy Alternatives Inc (NASDAQ: IEA) in a cash-and-stock deal worth USD 1.1 billion (EUR 1.08 bn), including net debt.

Austrian oil as well as gas group OMV AG (VIE: OMV) and hydropower producer Verbund AG (VIE: VER) have completed the 3.9-MWp expansion of a jointly-owned solar photovoltaic (PV) plant in Lower Austria.

Clean energy investment system CleanCapital has actually gotten a 36.6-MW direct current (DC) solar energy plant in Guam from GlidePath Power Solutions LLC in addition to civil liberties to the seller's solar growth pipeline on the island.

Germany will certainly lend Columbia regarding USD 203.8 m in 2 stages to help the latter accomplish green energy transition and become energy-independent.

The Multilateral Investment Guarantee Agency (MIGA) has issued 20-year guarantees of USD 24 million (EUR 23.6 m) to JCM Golomoti UK Ltd for equity and shareholder funding investments for the development, building and construction and operation of a 20-MW solar-plus-storage plant in Malawi.

Spanish renewables designer Opdenergy Holding (BME: OPDE) on Friday said that it has actually safeguarded the funding it required to build and also commission some 605 MW of solar PV projects in Spain.

United States renewable energy plants programmer and also driver Cypress Creek Renewables claimed today it has actually gotten four standalone energy storage projects in Texas with an incorporated capacity of 400 MW/600 MWh from Black Mountain Energy Storage (BMES).

French renewable power producer and also designer Akuo has placed an order with First Solar Inc (NASDAQ: FSLR) for 500 MW direct current (DC) of thin-film photovoltaic (PV) modules for a project in the United States and also some other overseas markets.

Gresham House will certainly acquire a 50MWp scheme in Durham and a 28MWp advancement in Warwickshire

For a factor to consider of EUR 689 million, Orsted will certainly acquire a 100 % equity interest in key Ostwind firms. The purchase of Ostwind makes up the access of Orsted right into the sizeable and growing German and French onshore markets.

Portuguese oil and also gas business Galp has actually obtained the 24.99% it did not currently possess in Titan, a solar joint venture it developed with Spanish design firm ACS Group in 2020.

Spanish utility team Iberdrola SA (BME: IBE) introduced today that it has safeguarded a EUR-550-million (USD 560.9 m) green loan to finance some 1,800 MW of wind as well as solar power projects at home.