Solar Markets & Finance News
India's Reliance to get 79% of US solar software developer SenseHawk
Indian empire Reliance Industries Ltd (BOM:500325) on Monday unveiled definitive agreements to get a 79.4% stake in US solar power software developer SenseHawk Inc in a bargain worth USD 32 million (EUR 32.1 m).
Sep 6, 2022 // Markets & Finance News, Software, India, Asia, SenseHawk, Reliance
US-Based Arevon Secures $400M Green Loan for Solar, Storage Space Portfolio
To fund the growth of a 6GW pipeline of solar and storage space projects in the Midwest, Southeast, and also California, Arevon Energy has actually obtained a $400 million green loan fund debt center from the Canadian Imperial Bank of Commerce (CIBC) and KeyBank N.A.
The timing of this fundraising with Arevon's one wedding anniversary of procedure strengthens the firm's monetary strength in the renewable energy market.
Sep 6, 2022 // Markets & Finance News, India, Power Factors, Asia, us, green energy, Energy storage systems, Drive platform, Arevon
Greece safeguards EUR341m to support storage projects
EC has actually accepted measure that will certainly be partly moneyed by the Recovery and Resilience Facility
Sep 6, 2022 // Markets & Finance News, Storage, Greece, Europe, Margrethe Vestager
Spain creates 37% of power from renewables in Aug
Spain produced 37% of its electricity from renewable energy resources in August, Spanish grid operator Red Electrica de Espana (REE) claimed in the current price quotes report.
Sep 5, 2022 // Markets & Finance News, Spain, Europe
KKR-backed Virescent aiming to acquire 88-MWp Indian solar portfolio from Jakson
Virescent Renewable Energy Trust (VRET), an Indian renewable energy platform backed by international investment company KKR & Co Inc (NYSE: KKR), is holding speak with acquire 87.6 MWp of solar projects in the house, it stated on Friday.
Sep 5, 2022 // Markets & Finance News, India, Asia, Jakson, KKR, Virescent
Binghamton University-Led Battery Effort Gets $113 Million Grant
University's New Energy New York receives $63.7 million from Build Back Better Regional Challenge and also $50 million from the New York state.
The grant will certainly aid to bolster domestic battery manufacturing and supply chain, reinvigorate region.
Sep 5, 2022 // Markets & Finance News, Storage, USA, North America, Joe Biden, Binghamton University, Finger Lakes, Harvey Stenger, New Energy New York project, Opportunity Zone in Endicott, Per Stromhaug, Senator Schumer, Southern Tier
Statkraft inks solar PPA with Schaeffler
Deal will certainly cover 11% of industrial producer's annual power need in Germany
Sep 5, 2022 // Markets & Finance News, PPA, Statkraft, Schaeffler
ReneSola enters share repurchase handle capitalist
Move is part of Chinese outfit's long-lasting strategy to be a 'leading' PV developer
Sep 2, 2022 // Markets & Finance News, China, Asia, renesola
Botswana Power Corporation Awards Scatec ASA First Huge Scale Solar Agreement
Scatec will certainly create the solar energy center with an acquired capacity of 50 MW at Selebi Phikwe.
The solar power plant will make sure that roughly 48,000 lots of CO2 emissions will be avoided and power roughly 20,000 homes annually.
Sep 2, 2022 // Markets & Finance News, Scatec, power purchase agreement, African Development Bank, Jan Fourie, Botswana Power Corporation, Botswana solar project, Botswana Vision 2036, BPC
Naturgy purchases 125-MW solar-BESS hybrid project in W Australia
Spanish electrical and also gas utility Naturgy Energy Group SA (BME: NTGY) has actually acquired a ready-to-build project for a 125-MW solar PV farm hybridised with a battery energy storage system (BESS) of approximately 220 MWh in Cunderdin, Western Australia.
Sep 1, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Australia, Oceania, Naturgy, hybrid project
Nigerian Solar-Based Internet Supplier Seeks IPO, $50 Million
Part of profits would certainly be utilized to broaden right into Ivory Coast
Tizeti plans also target listing on the Nasdaq after Nigeria
Sep 1, 2022 // Markets & Finance News, Africa, Nigeria, Tizeti, Kendall Ananyi
Crop Energies takes minority stake in solar start-up East Energy
German renewable ethanol manufacturer CropEnergies AG (ETR: CE2) is investing up to EUR 8 million (USD 8.00 m) in Rostock-based renewables start-up East Energy GmbH which plans to build ground-mounted solar parks in the northeast of the nation.
Sep 1, 2022 // Plants, Markets & Finance News, Germany, Europe, PV Power Plant, CropEnergies AG, East Energy
Canadian Solar comes out as the 2nd winner in Chile's power auction
Canadian Solar Inc (NASDAQ: CSIQ) on Thursday validated that it was the second of just two winners in Chile's power auction a month earlier, protecting power purchase contracts (PPAs) for its Zaldivar solar-plus-storage project in the Chilean region of Antofagasta.
Sep 1, 2022 // Markets & Finance News, Canadian Solar, China, Asia
America's First Solar Invests up to $1.2 Billion in Scaling Manufacturing by 4.4 GW
First Solar, a US-based producer of solar panels, has introduced strategies to invest approximately $1.2 billion in increasing the production of photovoltaic (PV) solar modules that are made in America and also are properly produced.
Sep 1, 2022 // Markets & Finance News, USA, India, First Solar, Asia, solar panel, North America, International, green energy
German IPP Pacifico to proceed as Tion after strong H1 2022
German renewables pure-player Pacifico Renewables Yield AG (ETR: PRY) on Wednesday reported more than solid incomes for the first half of 2022, after announcing a name change as well as a new strategic direction a day prior.
Aug 31, 2022 // Markets & Finance News, Germany, IPP, Europe, Pacifico, Tion
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