Solar Markets & Finance News

Essar Group to Invest $3.6 Billion in Energy Transition in UK, India

The Group will develop a variety of low carbon energy transition projects over the next five years in 2 countries. When it come to India, it will certainly invest $1.2 billion in portfolio consisting of green hydrogen as well as green ammonia.

Feb 28, 2023 // Markets & Finance News, green ammonia, EET, EET Biofuels, EET Future Energy, energy transition hub in North West England, Essar Energy Transition, Essar Group, Essar Group UK India, Essar Oil UK, Essar to invest in renewable energy, low carbon energy transition projects, Prashant Ruia, Stanlow Terminals Ltd, Vertex Hydrogen

Finland, Luxembourg Commit For EU's Renewable resource Financing Mechanism

Luxembourg will participate as an adding nation, voluntarily contributing EUR 40 million to the mechanism. Finland will certainly get involved as a host country, allowing solar PV projects situated in its region with a total capacity of up to 400 MW to participate in the renewable resource tender.

Feb 28, 2023 // Markets & Finance News, Europe, Luxembourg, Finland, european commission, European Green Deal, REPowerEU, CINEA, EU renewable energy financing mechanism, EU renewable energy tender, EUR 40 million, European Climate Infrastructure and Environment Executive Agency

Lightsource BP places major order with First Solar

US thin-film PV module manufacturer will provide the 4GW (dc) of modules in between 2026 as well as 2028

Feb 28, 2023 // Manufacturing News, Markets & Finance News, First Solar, Lightsource BP, solar module

EDF bags 529MW German solar portfolio

The 17 development-stage projects mark the firm's initial PV growth pipe procurement in the nation

Feb 28, 2023 // Markets & Finance News, Germany, EDF, Europe

L'Oréal and EDF Renewables Sign 15-Year Solar PPA

French personal care company L’Oréal has partnered for renewable energy with EDF Renewables through a 15-year Power Purchase Agreement (PPA). The two solar parks located in the Corrèze and Vosges regions will produce 25% of L’Oréal’s energy consumption in France.

Feb 28, 2023 // Markets & Finance News, EDF Renewables, EDF Group, solar plants, Energy Efficiency, decarbonising, wind farm, cumulative installed power, L’Oréal

Ameresco Acquires Italian Renewable Energy Company to Expand Portfolio

US-based Ameresco has announced the acquisition of Milan-based ENERQOS Energy Solutions S.r.l., a renewable energy and energy efficiency firm, with the aim of expanding its portfolio in clean energy projects and solutions all over Italy.

Feb 28, 2023 // Markets & Finance News, ameresco, Renewable Energy, Energy Efficiency, energy efficiency solutions, energy savings, ENERQOS Energy Solutions, lower carbon emissions

Spain's Renovalia unlocks funds for 126-MW solar project at home

Spanish renewables professional Renovalia Energy Group SL claimed on Monday that it has actually signed a funding arrangement to support the construction and also procedure of a 126-MW solar PV farm in the Guadalajara province of Spain.

Feb 27, 2023 // Markets & Finance News, Spain, Renovalia, Europe, Solar Project

Luminia acquires assets of Northeast community solar programmer

Solar financing as well as development company Luminia will certainly acquire the assets and also project pipeline of community solar designer New Hampshire Solar Garden. Luminia will currently regulate as well as handle the designer's community solar portfolio amounting to over 218 MW.

Feb 27, 2023 // Markets & Finance News, Luminia, New Hampshire Solar Garden

€430 Million Worth Wind & Solar Projects Secured by Ireland Semi-state Owned Company

Irish semi-state company Bord na Móna has secured €430 million in banking facilities for renewable energy projects worth €2.7 billion, in a move to help Ireland reach its goal of 80% renewable electricity by the end of this decade.

Feb 27, 2023 // Markets & Finance News, BNP Paribas, Renewable Energy, Bord na Mona, ING, Bank of Ireland, Joe Coleman, largest funding for Bord na Móna

Sonnedix Secures 11-Year Solar PPA in Spain

Sonnedix, a leading independent solar producer, has signed a renewable energy power purchase agreement (PPA) with one of Europe's main energy groups. The 11-year PPA will provide green electricity from a 50MW solar PV plant located in the province of Albacete, Castilla-La-Mancha, Spain.

Feb 27, 2023 // Markets & Finance News, Spain, PPA, Sonnedix, Europe

Boralex Sets Sights on 2025 Strategic Plan. Surpasses 3GW Milestone

Canadian energy company Boralex has achieved a major milestone, surpassing 3GW of installed capacity in renewables. The company is now setting its sights on its 2025 strategic plan, which includes a portfolio of 5.5GW in renewable energy projects.

Feb 27, 2023 // Markets & Finance News, Canada, France, Europe, North America, Boralex, Patrick Decostre

Universal Energy Facility (UEF) Offers Grants to Solar Projects in Nigeria

UEF will offer grants to RE companies in Nigeria whose projects are developed to connect companies to a clean, budget-friendly as well as trusted electrical power source. The solar energy projects will span most states in Nigeria and be finished within the next one year.

Feb 24, 2023 // Markets & Finance News, Global Energy Alliance for People and Planet, GEAPP, Simon Harford, Damilola Ogunbiyi, Energy Transition Plan of Nigeria, Nigeria solar power, Sustainable Energy for All, UEF, Universal Energy Facility

OCI, Mitsui USA form Texas solar project collaboration

Texas-based OCI Solar Power, part of South Korean power and also chemicals company OCI Co Ltd (KRX:010060), has signed an agreement with Japan's Mitsui & Co (TYO:8031) to partner in the growth of solar projects.

Feb 24, 2023 // Markets & Finance News, OCI, Mitsui USA

Argentina's Genneia inks USD-85m loan for new wind, solar projects

Argentine power firm Genneia has signed a loan agreement to obtain up to USD 85 million (EUR 80.3 m) to finance the building of wind as well as solar projects in the nation.

Feb 24, 2023 // Markets & Finance News, Argentina, South america, Genneia

Sunrun Solar Installations Topple Record Set by Tesla's SolarCity

Sunrun Inc., the leading US property solar firm, has actually exceeded a market record that goes back seven years.

Feb 23, 2023 // Markets & Finance News, TESLA, Sunrun Solar

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