Solar Markets & Finance News

LS Power to Acquire EV Charging Solutions Firm EVGo

LS Power has announced that it has signed a definitive agreement to acquire EVgo, the largest public fast-charging network for EVs in the US

Dec 24, 2019 // Markets & Finance News, Transport, USA, North America, ev charging, EVgo, LS Power, LS Power Acquire EVGo

Electric Pickup Truck Startup Rivian Closes $1.3 Billion Funding Round

Rivian has announced that it has closed a funding round of USD 1.3 billion. The financing was led by funds and accounts advised by T. Rowe Price.

Dec 24, 2019 // Markets & Finance News, Transport, Amazon, electric vehicles, Rivian, Electric Pickup, T. Rowe Price Associates

Solar Provider Group Plans to Invest $250 mn in Brazilian Solar Market

Solar Provider Group has arranged a team to enter the Brazilian solar market with the goal to complete investments worth $250 million over the next 5 years

Dec 24, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, South america, Brazil, Solar Provider Group

China Huaneng is Indecisive Regarding the Selection of GCL Assets is Hopes to Acquire

The state-owned electricity utility firm is careful in its selection of solar initiative assets it hopes to buy.

Dec 24, 2019 // Markets & Finance News, China, Asia, GCL New Energy, Huaneng

Hecate Energy Wins El Paso Bid

Hecate Energy has won the 100 MW Santa Teresa Project. The project is part of the 350 MW solar generation and storage developed to add clean energy to the EPE system.

Dec 23, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, hecate energy, Adrian J. Rodriguez, EPE

A 1.6 Megawatt Rooftop solar plant to be installed at the Govt Building in Tamil Nadu

A 1.6 million tender that intents to install rooftop solar on government buildings rooftops in Tamil Nadu

Dec 23, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Rooftop PV, India, tender, Asia, rooftop PV, CEL

EU and AfDB to fund Rural Electrification in Togo to a tune of €12million

The EU and AfDF to fund rural electrification program in Togo to a tune of 12 million Euros

Dec 23, 2019 // Markets & Finance News, Europe, off-grid solar, Africa, AfDB, Togo, EU, solar pump

REC Silicon hit by call-in of $17m loan related to failed wafer operation

Finnish lender Nordea has called in a NOK150 million indemnity loan thought to have been taken out by REC Silicon ASA as a result of the bankruptcy of its Norwegian wafer manufacturing arm seven years ago.

Dec 23, 2019 // Manufacturing News, Markets & Finance News, USA, Washington, Europe, North America, Norway, REC Silicon, Nordea

Tata Power to Acquire a Major Shareholding in Odisha’s Discom

After successfully entering Odisha, Tata Power Company Ltd has reportedly won a bid to purchase 51% of the entire stock in Odisha’s CESU (Central Electricity Supply Utility).

Dec 23, 2019 // Markets & Finance News, India, Asia, tata power, Praveer Sinha, CESU, DISCOM

ADB to Make $1 Billion Investment in Renewable Energy in the Pacific

ADB (Asian Development Bank) has revealed that it will invest $1 billion worth of its energy initiatives in the Pacific region from 2019 to 2021 to generate more renewable energy.

Dec 23, 2019 // Markets & Finance News, ADB, Renewable Energy, Pacific, Olly Norojono

TerniEnergia closes sale of 4.1 MW of Italian solar plants

TerniEnergia SpA (BIT:TER) has completed the divestment of four Italian solar power parks with a combined capacity of 4.1 MW to Mareccio Energia Srl in partnership with LCF Alliance.

Dec 23, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Italy, Europe, TerniEnergia SpA, LCF Alliance, Mareccio Energia Srl

Ellomay Capital offloads 22.6-MW Italian solar portfolio

Ellomay Capital Ltd (TASE:ELLO) on Monday said it has sold twelve solar power plants with a total capacity of 22.6 MW for EUR 38.7 million (USD 42.6m) in cash.

Dec 23, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Italy, Europe, Ellomay Capital Ltd, solar power plants, Ran Fridrich

AIIB to Invest $65 Mn in Hero Future’s 250 MW Solar Project in Raj

Beijing-headquartered multilateral development bank, Asian Infrastructure Investment Bank (AIIB) has approved the investment of USD 65 million in Hero Future Energies’ 250 MW solar power project in Jodhpur, Rajasthan.

Dec 23, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, India, Asia, Solar Power, AIIB, D.J. Pandian, Hero Future Energies, Jin Liqun

MSEDCL Gets one Bid for 5 MW in Response to 1350 MW Solar Tender

MSEDCL has revealed that it received only one bid for 5 MW in response to its tender for procurement of 1350 MW of solar power from 30 Circles.

Dec 23, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, India, tender, Asia, MSEDCL, MERC, MSEDCL Solar Tender, solar tender

An MoU is signed by Energy Efficiency Services Limited to promote E-mobility

Birghirathi Sustainability India has signed a memorandum of understanding with EESL. In the MOU, India is exploiting the possibility of promoting electric vehicles and e-mobility in India.

Dec 21, 2019 // Markets & Finance News, Transport, India, Asia, electric vehicles, EESL, MoU, Baghirathi Sustainability India

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