Solar Markets & Finance News

United States solar company Pivot Energy has secured a USD-203-million (EUR 185.0 m) funding facility to sustain the building, operation as well as ownership of a multi-state portfolio of dispersed generation solar projects with an integrated capacity of 100 MWdc.

Brazil took into operation 507.8 MW of wind, solar as well as hydropower generation capacity in April, power market regulatory authority Aneel revealed on Monday.

A new 300-MW transmission line has actually been appointed in New York City's Queens Borough to bring electrical energy from renewable resource plants, permitting the retirement of high-polluting thermal power stations.

The Nordic electricity transmission system drivers (TSOs) are moving to a new approach for buying the reserves they need to preserve balance in the system as the share of wind and also solar energy boosts, the Danish operator, Energinet, announced today.

Solar designer Enerparc AG has concurred financing for the construction as well as procedure of 6 solar projects in Germany with a complete capacity of 69 MWp from Hamburg-based personal bank Berenberg.

AES Corp (NYSE: AES) prepares to triple its renewables capacity by 2027 to get to regarding 40 GW-45 GW, the US power company stated on Monday as it outlined its long-term growth technique.

Italy brought on the internet 2,500 MW of solar photovoltaic or pv (PV) parks in 2022, bringing its collective set up capacity to 25,064 MW, or 10.9% greater than a year previously, according to the latest stats by Gestore dei Servizi Energetici (GSE).

France has awarded near 50 MWp of capacity in a tender for solar projects in non-interconnected zones (ZNIs), with or without a battery storage element, official information showed on Friday.

Japanese renewable power manufacturer Renova Inc (TYO:9519) has authorized a virtual power purchase agreement (VPPA) to deliver the environmental worth originated from future solar PV plants with a complete capacity of 60 MW to regional firm Murata Manufacturing Co Ltd (TYO:6981).

London-based sustainable infrastructure investor Actis today announced the launch of its Japan-focused renewables platform Nozomi Energy which will certainly intend to develop 1.1 GW of onshore wind and solar generation by 2027.

Hydro Rein has agreed to acquire two early-stage solar projects with an integrated capacity of 118 MW in Sweden from Danish programmer GreenGo Energy, it was announced today.

The European Bank for Reconstruction as well as Development (EBRD) is exploring a possible equity commitment of approximately EUR 100 million (USD 109.7 m) to Taaleri Energia's sixth renewable resource fund which targets utility-scale wind, solar as well as battery storage space assets throughout Europe and also the US.

Brookfield Infrastructure Debt I LP, a fund affiliated with Canadian financial investment manager Brookfield Corp (NYSE: BN) as well as its family of firms, is interested in wielding crucial influence over the management of the Cerro Dominador focused solar power (CSP) as well as photovoltaic complex in Chile, according to a notice to Chilean antitrust authority FNE.

Corporate power purchase agreement for energy from Larport will certainly assist decarbonise the bank's operations

New JV with neighborhood programmer Lasuno will certainly create four early-stage projects in the north as well as west of the country