Solar Markets & Finance News

United States renewable energy designer Swift Current Energy stated today it has actually acquired financing for its 266-MW DC/195 MW AC Tres Bahias Solar project, which is presently unfinished in Calhoun County, southeastern Texas.

The investment arm of Netherlands-based Ingka Group, the biggest franchisee of Swedish furnishings store IKEA, will offtake solar modules from Swiss producer Meyer Burger Technology AG for a duration of 4 years under a bargain signed in March.

EE North America has actually acquired a majority stake in two solar projects, Sandy Hill Solar and also Sand Dune Solar of Horus Energy. The two solar projects will be interconnecting with the Public Service of Colorado network and also the building will certainly begin in 2025.

The firm has actually secured a $115-million credit facility with worldwide economic services solid Nomura for its utility-scale solar as well as solar+ storage projects in the US. The credit facility will at first support projects completing 1.1 GW of solar and also 188 MWh of battery storage.

The Commission allowed Grid Connection that will be provided by the KSEBL where excess solar energy will certainly be marketed throughout the low demand period. The Commission has actually allowed the 25 Year-PPA by the Port Authority.

Company acquires majority stake in two solar projects with a combined capacity of 700MW

Majority rate of interest in the 33MW PV project has actually been bought from LNF Solar Development

ACEN Corporation (PSE: ACEN), the power platform of Philippine conglomerate Ayala Group, today confirmed solar project awards totalling 1,120 MW in a renewable energy tender in New South Wales.

US renewable resource team SPI Energy Co Ltd (NASDAQ: SPI) has committed to spending USD 65.9 million (EUR 60.2 m) in a project that will increase its solar wafer as well as module production in South Carolina, according to growing demand for US-made products.

The Thai Binh Investment as well as Trading Corporation of Vietnam released two projects in Cuba. These included a laundry detergent plant and also a solar power park.

Acquisition set to fuel company's expansion in United States

The most up to date investment improves the $400 million financial investment from KKR in November 2022. Serentica Renewables will mount 4000MW of renewable resource capacity that will certainly help clean energy shipment to large-scale industrial consumers.

Renewable energy facilities financier True Green Capital Management LLC has actually struck an offer to acquire a majority stake in clean energy supplier CleanChoice Energy and back its 300-MW solar growth pipeline

New South Wales has actually picked 1.4 GW of wind, solar and also battery storage projects in its maiden auction for renewable energy capacity targeted at aiding the Aussie state move far from coal-fired generation.

Norwegian state-owned power business Statkraft AS has obtained approval for 227.5 MW of solar projects from Brazilian power sector watchdog Aneel.