Solar Markets & Finance News
Statera Secures £300M for UK's Largest Battery Storage
Statera Energy secures £300m financing for 400MW energy storage system in Essex, England. This strategically located project is key to UK's transition to net zero and will provide energy system resilience. Financing led by Lloyds Bank and Statkraft support this project as testament to its quality.
Nov 24, 2023 // Markets & Finance News, Storage, UK, Europe, Statera
Brazil's 300MW Ciranda Solar Cluster Secures Debt Funding
Recurrent Energy LLC secures BRL 490 million financing for 300-MW Ciranda Solar Cluster in Brazil. Canadian Solar's BiHiKu modules, 15-year PPA and BRL-285 million bond issue with Vinci Partners. Let Copel power you with clean energy!
Nov 23, 2023 // Markets & Finance News, South america, Brazil, recurrent energy
Modus Secures Debt for 22-MW Lithuanian Solar
Modus Asset Management secures EUR 14 million from SEB Bank to finance the purchase of a solar portfolio in Lithuania with bifacial photovoltaic panels and single-axis trackers. This acquisition brings Modus' solar portfolio up to 76 MW and is expected to generate 26 GWh of electricity annually.
Nov 23, 2023 // Markets & Finance News, Europe, Lithuania, modus
EUR 150m Green Portfolio Powers Renewables
European Energy A/S, a Danish renewable energy developer, secures EUR-150-million revolving fund to boost renewable energy projects in 10 Northern European countries. With an accordion feature to expand to EUR 250 million, the fund is expected to be up and running by early 2024.
Nov 22, 2023 // Markets & Finance News, european energy
LONGi's MYR 1.8bn Malaysian Solar Plant
Discover how LONGi Green Energy is investing in Malaysia's economy and sustainable development with the launch of its MYR 1.8 billion facility. With a production capacity of 8.8GW and 9,000 new local jobs, this ambitious project is set to transform Peninsular Malaysia.
Nov 22, 2023 // Markets & Finance News, Malaysia, Asia, LONGi, PV Power Plant
51 MW of Romanian Solar Power Secured by INVL Fund
INVL Renewable Energy Fund I secures EUR 25 million loan from Kommunalkredit Austria AG to back 451 MW of solar parks in Romania and Poland. Construction set to be completed by end of 2025.
Nov 21, 2023 // Markets & Finance News, Poland, Europe, Romania, INVL Renewable Energy Fund I
R.Power Buys 18-MWp Polish Solar
Renew your power: R.Power Renewables, a Poland-based energy company, has purchased a 18-MWp solar project portfolio. 306 MWp projects sold and 471 MWp acquired since establishment with more planned. Discover this energy revolution!
Nov 21, 2023 // Markets & Finance News, Poland, Europe, r.power
Swift Current Powers NYSERDA with 402 MW Solar
Swift Current Energy has confirmed a 20-year power purchase agreement to its huge 402-MW Solar project in Pennsylvania. This record-breaking NYSERDA procurement is the only project located outside of New York. Construction begins next summer, with commissioning expected 2026. Swift Current is also developing 1,000+ MW of solar and storage projects across former coal mines in PA.
Nov 21, 2023 // Markets & Finance News, USA, Pennsylvania, North America, Swift Current
Ignitis Takes 239-MWp Solar Leap in Latvia
Ignitis Group makes historic FID to build 239-MWp solar capacity in Latvia - largest ever such investment in Baltic states. EUR 178 million investment to increase green generation of Ignitis to 4-5 GW by 2030, construction to start in 2021.
Nov 21, 2023 // Markets & Finance News, Europe, IGNITIS, Latvia
Elecnor-Statkraft Deal: 1.8B EUR for Renewables Unit
Norwegian power company Statkraft AS wins the bid for Spanish infrastructure builder Elecnor SA's renewables unit Enerfin, valued at EUR 1.8 billion. Strengthening its operations in Spain and Brazil, Statkraft secures a share in 1,734 MW of wind and solar projects.
Nov 20, 2023 // Markets & Finance News, Spain, Europe, elecnor, Statkraft AS
GE, Alfanar Unite for 334MW of Renewables in Spain
GE Vernova & Alfanar form JV to develop 334MW of wind & solar projects in Spain; targeting ready-to-build status by 2025 & COD by 2027. Plans to explore battery & energy storage solutions.
Nov 20, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, Storage, Spain, Europe, Alfanar, GE Vernova
Pacific Green Nabs 51% of 500-MW Italian BESS Portfolio
Pacific Green Technologies Inc has taken a majority stake in a 500-MW/2,800-MWh portfolio of BESS projects in Italy, with the CEO noting the move as part of their European expansion. Construction of the facilities to start in late 2025, with a 35-year operating lifespan.
Nov 17, 2023 // Markets & Finance News, Storage, Italy, Europe, Pacific Green Technologies
EnfraGen Buys 188-MW Latin American Renewables Portfolio
EnfraGen LLC acquires 188-MW renewables and grid portfolio in Panama & Costa Rica - a debt refinancing drives accretive balance sheet.
Nov 17, 2023 // Markets & Finance News, North America, panama, Costa Rica, EnfraGen
Trina Solar Conquers Australia with 1 GW MoU
Trina Solar signs 1GW Vertex Module supply deal with Solar Juice in Australia to boost its presence and meet the growing demand for its Vertex S+ modules. Get the latest on the commercial and industrial Vertex N modules for your business.
Nov 17, 2023 // Markets & Finance News, Australia, Oceania, Trina Solar
Foresight Solar Sells Half Stake in 99-MW Spanish Portfolio
Foresight Solar Fund Ltd (LON:FSFL) sells 50% stake in 99-MW Lorca solar portfolio, 21% premium to value. Funds will be used to reduce credit facility. 200 MW more divestment underway. Alexander Ohlsson highlights successful acquisition strategy.
Nov 16, 2023 // Markets & Finance News, Spain, Europe, Foresight Solar Fund Ltd
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