Solar Markets & Finance News

New South Wales will certainly introduce its second gigawatt-scale tender for renewable energy generation and long-duration storage capacity in the coming week, electricity and also gas systems supervisor AEMO Services revealed in accordance with the Aussie state's bigger energy change strategy.

BlackRock's Global Renewable Power Fund III (GRP III) has actually shut the purchase of a 97-MWp dispersed solar project portfolio in Chile that was established by RRG Capital Management (RRGCM) as well as local partners.

Swiss utility IWB claimed on Wednesday it is getting local solar systems solid Kunz-Solartech GmbH to strengthen its setting in the growing market for photovoltaic systems in Switzerland.

Danish renewables developer Eurowind Energy A/S has received EUR 48 million (USD 52m) in debt from Denmark's AP Pension to back the construction of solar park projects in Portugal.

Peninsula Clean Energy has actually reached a 15-year deal to specifically get 45 MW of battery storage space that additionally presses the agency towards its objective of providing renewable energy whatsoever hours of the day and night. It additionally adds towards Peninsula Clean Energy satisfying its regulatory commitments to provide new capacity for a dependable electric grid.

Masdar claims that it is on track to become one of the globe's largest renewable energy business by decade end.

Munich, Germany-based Sono Motors GmbH has actually submitted an application for supposed protective guard process-- an unique remedy under German insolvency law developed to speed up the submission of an insolvency plan to swiftly restructure a company.

10-year agreement covers a combined 48GW/y of clean electricity from two plants in Lazio

Oneida energy storage space project in Southern Ontario will get to full commercial operation in 2025

Italian tissue paper and also sanitary items maker Sofidel has actually tattooed a 10-year solar power off-take sell Greece that will enable it to get some 21 GWh of electrical energy annually for its neighborhood manufacturing base.

Solar products maker Qcells, a subsidiary of Seoul-based Hanwha Solutions Corp with German roots, today revealed a USD-100-million (EUR 91.9 m) financial investment in a pilot line targeted at speeding up the commercialisation of perovskite-based tandem cells.

Japan's 77 Bank Ltd has actually authorized a power purchase agreement (PPA) with a wholly-owned unit of neighborhood utility Tohoku Electric Power Co Ltd in connection with a 2-MW solar project to be developed on unused land possessed by the loan provider.

Austrian packaging remedies and recycling strong ALPLA has actually tattooed 2 lasting power purchase agreements (PPAs) with Norwegian state-owned renewable resource manufacturer Statkraft AS, protecting 76 GWh of solar as well as wind power each year for its sites in Germany.

DSD Renewables claimed on Tuesday that it prepared USD 75 million (EUR 69.2 m) in tax equity financing with Bank of America so it could wage the realisation of a pipeline of dispersed generation (DG) solar projects this year.

Singapore-based photovoltaic (PV) panels manufacturer Maxeon Solar Technologies Ltd is wanting to raise regarding USD 157.4 million (EUR 145.5 m) from an upsized public offering of average shares to fund a development of its production capacity.