Solar Markets & Finance News

OVO to spend ₤ 1m in solar and wind farms by means of REGO PPAs

OVO will spend ₤ 1 million to support brand-new solar and also wind farms with power purchase agreements (PPAs).

Jul 7, 2022 // Markets & Finance News, UK, PPA, Europe, Raman Bhatia, OVO

Sun shines on solar with 2.2 GW auction success

PV 'huge part of option' to UK energy situation, states SEUK

Jul 7, 2022 // Markets & Finance News, UK, Lightsource BP, Europe, Chris Hewett, JBM Solar, England, BEIS, Cleve Hill, SCOTLAND, CFD4

Northvolt Increases $1.1 Billion To Roll Out Battery Manufacturing Facility In Europe

The decision is required to support the rapidly expanding need for batteries. Northvolt is establishing making capacity to meet $55 billion worth orders from crucial clients, such as BMW, Fluence, Scania, Volvo Cars, as well as Volkswagen Group.

Jul 7, 2022 // Markets & Finance News, Storage, NORTHVOLT, Peter Carlsson, Volkswagen Group, Ava Investors, Baillie Gifford, Battery Cell, cathode material, Compagnia di San Paolo, Folksam Group, Fondaco Growth, Goldman Sachs Asset Management, IMAS Foundation, Olympia Group, OMERS Capital Markets, PCS Holding, Swedbank Robur, TM Capital

Actis takes risk in Latin American renewables generator Omega Energia

Infrastructure financier Actis has actually gotten a risk in Latin American renewables asset owner Omega Energia as it looks to establish a pipe of assets in the area.

Jul 7, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, UTILITY-SCALE SOLAR, Solar Energy, South america, Latin america, Brazil, Actis, m&a, equity capital, omega energia

Onward Energy to get 1.2 GW portfolio of US solar assets

Independent power producer (IPP) Onward Energy has actually become part of a bidding arrangement to get 1,171 MW of running solar assets from life insurance policy business Global Atlantic Financial Group.

Jul 7, 2022 // Markets & Finance News, USA, North America, acquisition, onward energy, portfolio acquisition, global atlantic financial group

Birch Creek Development increases credit facility to US$ 250m to pursue 5GW US PV pipeline

United States PV developer Birch Creek Development has actually increased its existing credit facility with financial obligation funding service provider Fundamental Renewables to US$ 250 million to pursue its 5GW solar pipe in the US and also support its module procurement technique.

Jul 7, 2022 // Markets & Finance News, USA, UTILITY-SCALE SOLAR, pv power plants, pv modules, North America, birch creek

R.Power seeking equity capital raise to fund European solar PV development plans

Polish programmer R.Power is seeking a key equity capital raise to fund its future growth plans in numerous European nations.

Jul 7, 2022 // Markets & Finance News, Italy, Poland, pv power plants, Europe, r.power, equity capital

Entergy Arkansas issues RfP for 1GW of renewables in US MISO, Southwest areas

United States power distribution company Entergy Arkansas has actually issued an ask for proposals (RfP) for 1GW of solar and wind sources. The company did not divulge the desired split between solar as well as wind resources.

Jul 7, 2022 // Markets & Finance News, Storage, USA, pv power plants, North America, Entergy, request for proposals, distribution, entergy arkansas

Boralex acquires 338MW of solar and wind development from Infinergy

Canadian developer Boralex has actually obtained renewables developer Infinergy's 338MW pipe of renewables as well as energy storage space developments in the UK.

Jul 6, 2022 // Markets & Finance News, UK, Europe, Boralex, Infinergy, Patrick Decotre

Arctech To Supply Solar PV Trackers to Brazilian Project Worth 168MW

Arctech will certainly be supplying solar PV trackers to a Brazilian solar power project of 168 MW called SkyLine Project. The business aspires to get to a portfolio of 1 GW in Brazil.

Jul 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, South america, Brazil, mori energia, solar power project, arctech, Comerc Energia, Jesse Lau, Matheus Nogueira

Sun Cable appoints trio to discover financiers for vast solar-storage interconnection project

Sun Cable has actually relied on a trio of economic consultants as it wants to advance its multi-gigawatt solar-storage project to economic close by 2024.

Jul 6, 2022 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Australia, solar plus storage, Oceania, Sun Cable, Australia-Asia PowerLink, australia singapore power link, darwin

South Korea to adjust renewables targets, develop more nuclear plants

South Korea is intending to change its renewables targets as part of a host of energy policies from the country's new government, which intends to enhance the role of nuclear power.

Jul 6, 2022 // Markets & Finance News, Policy, South Korea, Asia, renewable energy target, nuclear, energy security

Vikram Solar selects new chief executive officer to lead manufacturing as well as international expansion strategies

Module producer Vikram Solar has selected Ivan Saha as its new president (CHIEF EXECUTIVE OFFICER) to lead the company's strategic growth plans.

Jul 6, 2022 // Markets & Finance News, India, Asia, Vikram Solar, ceo, executive appointments, solar manufacturer, appointments

Trade bodies require renewables-led recovery for Ukraine

European and also Ukrainian solar trade associations have actually called for Ukraine's post-war recovery to be based upon renewable resource, urging the nation's leaders to set a target of at the very least 50% of renewables in electrical energy manufacturing by 2030.

Jul 6, 2022 // Markets & Finance News, Ukraine, rooftop, Europe, SolarPower Europe, European Union, Kadri Simson, windeurope, energy security, Solar Energy Association of Ukraine

Nelnet strengthens renewables department with GRNE Solar procurement

Financial services as well as technology business Nelnet has actually acquired GRNE Solar, an EPC that develops and installs property, industrial and utility-scale solar in the US Midwest.

Jul 6, 2022 // Commercial, Markets & Finance News, USA, EPC, Battery Storage, rooftop, North America, ev charging, m&a, acquisition, GRNE Solar, Nelnet

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