Solar Markets & Finance News

The funds will be utilized to scale its development in solar panel reusing capacity as well as increase products remanufacturing capabilities Currently the complete funding of SOLARCYCLE stands at $37 million because its beginning a year back.

The Mumbai-based firm has actually raised the money to further reinforce its financing based solar offering to clients in the MSME industry

German renewables programmer ABO Wind AG (ETR: AB9) booked a net profit of EUR 24.6 million (USD 26.41 m) for 2022, which is close to the upper end of its forecast that was boosted previously this year.

South Korean energy solutions business Hanwha Energy said on Wednesday it had actually lately sold a 204-MW solar project under growth in Spain to Ireland-based independent power producer (PPA) Amarenco.

Green loan of US$ 75m as well as tax credit commitment of US$ 105m safeguards Horizon solar farm

Pan-European actual property investor Kajima Europe and also personal equity financier Griffin Capital Partners have actually acquired a 70% stake in Polish solar installer Hymon, the customers claimed on Tuesday.

Finnish retail team Kesko (HEL: KESKOA) has accepted acquire solar power systems wholesaler Zenitec Sweden Ab to strengthen its position in the structure and also technological trade market in Northern Europe.

US distributed power system Scale Microgrids has accepted acquire greater than 100 MW of community solar projects in New York from Dutch clean energy developer CSG-Gutami.

Solar developer has actually set up a base and also local team in Berlin

The Green for Growth Fund (GGF) will certainly offer a EUR-28-million (USD 30m) car loan to support the construction of a solar plant in Albania standing for the biggest zero-subsidy project of its kind in the Western Balkan Region.

Consultancy accomplished due diligence on Onward's procurement of Global Atlantic portfolio

Partnership with BrightNight intends to deploy US$ 250m of equity

In November 2022, RGreen Invest announced that it will provide EUR 87.5 million to Econergy to strengthen its pipe development and also growth plans in the UK. The first tranche was of EUR 50 million that was supplied to Econergy right away after the agreement was signed between both companions.

The investment backers included venture capital firm TRIREC, solar company Banpu NEXT as well as power firm Equinor Ventures. The technology can process 4-6 metric lots of disposed of batteries on a daily basis.

Fishelov's expert experience spans over two decades in the fields of solar power and also technology. An embellished mind in the technology market, Fishelov won the distinguished National Technological Innovation Award in both 2001 and also 2003.