Solar Markets & Finance News

Greenvolt buys into Solarelit to get in Italy's DG solar market

Portuguese renewables company Greenvolt - Energias Renovaveis SA (ELI: GVOLT) has inked a deal to acquire a 37.3% risk in Milan-based Solarelit which is concentrated on dispersed generation (DG) solar power remedies in Italy.

Mar 17, 2023 // Markets & Finance News, Italy, Europe, Greenvolt, Solarelit

Entergy submits 3GW PV request in Louisiana

Plans get on top of the nearly 225MW of solar power the firm requested earlier this month

Mar 17, 2023 // Markets & Finance News, USA, North America, Entergy, Louisiana

Electriq Power Secures $300 Million for Solar+ Storage Financing

The funding will certainly support the implementation of Sustainable Community Networks (SCNs) throughout California. The funds realization will be based on expected sales volumes, system size as well as rates.

Mar 17, 2023 // Markets & Finance News, clean energy, ENERGY STORAGE, green energy, Electriq Power, Inflation Reduction Act, IRA, Frank Magnotti, SCNs in California, Silicon Valley renewable energy, Sustainable Community Networks, USA renewable sector

ClearPath secures moneying to expand renewables pipe

US solar developer ClearPath Energy has secured funding from Canadian facilities investor Brookfield Asset Management (TSE: BAM.PF.F) to broaden its existing 2-GW renewable resource pipe.

Mar 16, 2023 // Markets & Finance News, ClearPath

BayWa r.e. secures finance for 53MW Italian solar

Nord/LB has actually given the EUR56m structured financing deal for the project in Lazio

Mar 16, 2023 // Markets & Finance News, Italy, Europe, baywa r.e.

Bulgarian telecom Yettel to acquire power from 123-MW solar park

Yettel Bulgaria and also CETIN Bulgaria, both part of the PPF Telecom Group, today revealed the signing of an off-take contract with Electrohold Trade under which they will certainly get electrical energy from a 123-MW solar energy plant.

Mar 16, 2023 // Plants, Commercial, Markets & Finance News, Europe, Bulgaria, Solar Park, Yettel

Indonesia, Singapore Ink Pact for Cross-Border Green Power Trade

Singapore is wanting to resource eco-friendly power from abroad Relocate signals Indonesia will support renewable resource export

Mar 16, 2023 // Markets & Finance News, Asia, Singapore, Indonesia

Malaysian PV project reaches FID

Jetama Energy and also Symbior Solar is developing the plant in Sabah which is due online in 2023

Mar 16, 2023 // Plants, Markets & Finance News, Malaysia, Asia, Solar Project

European Energy, Asahi ink UK solar PPA

Agreement will enable drinks brand to offtake power manufacturing from 19MW PV project in south-west England

Mar 16, 2023 // Markets & Finance News, UK, PPA, Europe, european energy, Asahi

Equinor enhances stake in Scatec

Latest purchase of five million shares EUR27m takes total shareholding in solar programmer to 16.2%.

Mar 16, 2023 // Markets & Finance News, Scatec, Equinor

SOLARCYCLE Raises $30 Million for Advanced Recycling

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.

Mar 16, 2023 // Markets & Finance News, Suvi Sharma, Solar Industry, Alok Sindher, Fifth Wall Infrastructure, HG Ventures, recycle solar, Series A funding, solar panel recycling, SOLARCYCLE, Special Situations

Solar Financing Startup Aerem Raises $5 Million in Equity Plus Debt Round

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

Mar 16, 2023 // Markets & Finance News, Aerem, Blume Ventures, Anand Jain, avaana capital, solar square

ABO Wind raises 2022 net profit 78%.

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.

Mar 15, 2023 // Markets & Finance News, ABO Wind

Hanwha Energy offers 204-MW Spanish solar project to Amarenco

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.

Mar 15, 2023 // Markets & Finance News, Solar Project, Hanwha Energy, amarenco

Leeward shuts financing on Texan PV project

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

Mar 15, 2023 // Markets & Finance News, USA, North America, leeward

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