Solar Markets & Finance News

Renewable energy retailer Octopus Energy united state introduced a new collaboration with Enphase Energy. Octopus Energy customers now have the opportunity to integrate Enphase home solar as well as battery solutions in their energy plan to unlock low-cost household energy rates. As part of the agreement, Octopus Energy will certainly be able to flexibly control the customer's battery to lower usage when the grid is the most constrained and also help save customers numerous dollars yearly.

Madrid-based renewables platform Altano Energy has actually closed funding for a 107-MW solar and mini hydro portfolio in Spain, it said in a Linkedin post.

US-based Longroad Energy Holdings LLC on Wednesday stated it has actually protected all required funds for its 285-MW DC Sun Streams 3 solar park in Arizona, enabling to go into the building phase of the project.

PPC Renewables, part of Greek power utility PPC SA (ATH: PPC), will certainly build 3 solar parks totalling 230 MWp in Greece's Western Macedonia area with financing from the European Investment Bank (EIB).

German solar mobility firm Sono Motors, subsidiary of Sono Group NV (NASDAQ: SEV), on Tuesday said it has secured over EUR 40 million (USD 43m) in consumer commitments in the recentlies as part of its ongoing #savesion campaign focused on rescuing its Sion solar car project.

FERC forecasts utility scale PV additions to virtually reach 73,000 MW between December 2022 and November 2025

Concerning 100-150 MW of grid-connected solar energy will be attached through the partnership. IFC will certainly advise Ministry of Energy and the Ministry of Economy and Commerce, Kyrgyzstan, on structuring a public-private partnership (PPP) to mobilize economic sector experience and capital to construct and run a pilot solar plant.

There has been fast velocity in utility-scale progress in renewables- solar, wind and also hydro. These made up market share surpassing 20 per cent on 31 days of 2022. There were only 4 such days in 2019.

Developer will provide almost 50MW to the financial institution from its Anglesey solar farm

Renewables developer is acquiring Project Sobral in the state of Ceará from ZEG Energias Renováveis

Emerging startup in solar tech Loom Solar has raised $2 Million funding from US-based Social Investment Managers as well as Advisors (SIMA) under the Energy Access Relief Fund (EARF) supported by the World Bank, DFC, BII, FMO, IFC and others.

Both firms will certainly develop onshore wind and solar projects, and likewise incorporated offshore wind as well as green hydrogen projects. Masdar stated that its currently developing the 230-MW Garadagh Solar PV Plant in Azerbaijan.

According to the terms of the agreement, the assessment of 100% of the assets in the portfolio amounts to roughly EUR 1.2 billion. Iberdrola will certainly have a majority stake of 51% in the assets and Norwegian fund will have the rest 49%.

The said investment is anticipated to enhance the power generation base the southern African country by majority. First, 500MW of solar energy will certainly be established in the scheme of things.

Power Capital Renewable Energy (PCRE) has actually clinched a deal that will provide it with as much as EUR 240 million (USD 259.9 m) in equity to bankroll the construction of a 1.2-GW solar project portfolio with targeted commissioning by 2025.