Solar Markets & Finance News

Polish Developer Secures €38m Loan for 76MWp PV Projects

Polish renewables developer PAD RES has secured a €38m bridge loan to support the construction of 14 fully merchant solar PV projects with a total capacity of 76MWp.

Feb 13, 2023 // Markets & Finance News, Poland, Europe, PAD RES

Iberdrola Secured First Floating Solar Park in Alsace France to Generate 27 GWh Annually

Iberdrola SA has won a tender to build a 25-MWp floating solar plant in the region of France, near the border with Germany and Switzerland. The project will create Iberdrola's first floating solar plant in France and is expected to generate 27 GWh of electricity annually.

Feb 13, 2023 // Plants, Markets & Finance News, Floating PV, France, Iberdrola, Europe, PV Power Plant

Norwegian Scatec Refinances Bridge Facility with 1B NOK in Green Bonds

Norwegian renewables developer and operator Scatec ASA has placed NOK 1 billion worth of new senior unsecured green bonds to refinance a bridge facility. The move will help to strengthen the company's balance sheet and long-term cash flows.

Feb 13, 2023 // Markets & Finance News, Scatec

Denham Capital gets US C&I solar player Solops

US exclusive equity financier Denham Capital stated on Friday that it has closed the purchase of New Jersey-based firm Solops LLC, a designer, financier, owner and also operator of solar PV systems in the business and commercial (C&I) sector.

Feb 13, 2023 // Markets & Finance News, USA, North America, Denham Capital, Solops

Portuguese financier strategies 10-MW wind, 10-MW solar farm in Serbia

Belgrade-based power producer CNJ Neo Energo has actually recommended to construct a 10-MW wind farm as well as a 10-MW solar farm in eastern Serbia.

Feb 10, 2023 // Markets & Finance News, Europe, solar farm, Serbia, CNJ Neo Energo

Greece's Mytilineos not keen on getting Terna Energy stake

Greek commercial group Mytilineos SA (FRA: MYH) is not curious about getting a risk in residential renewable power manufacturer Terna Energy (ATH: TENERGY), it said on Thursday after specific reports on the matter in neighborhood media.

Feb 10, 2023 // Markets & Finance News, Greece, Europe, Mytilineos, TERNA ENERGY

Enlight Renewable Energy increases USD 252m in US IPO

Israeli renewables designer Enlight Renewable Energy Ltd (TLV: ENLT) has elevated USD 252 million (EUR 233.9 m) in its going public in the US from the sale of some 14 million average shares.

Feb 10, 2023 // Markets & Finance News, Enlight Renewable Energy

Trina Solar to provide 1-GW solar modules to Low Carbon

Trina Solar will supply PV modules for numerous Low Carbon projects throughout Europe. Vertex N 605W as well as Vertex 670W+ collection are the modules that will be supplied for the initial project of Low Carbon.

Feb 10, 2023 // Manufacturing News, Markets & Finance News, Trina Solar, Renewable Energy, Justin Thesiger, Low Carbon Ltd, module bifaciality, multi-year framework agreement, Vertex 670W+ series, Vertex N 605W

Morocco Eyes 1.6 GW Renewables with $1.95 Billion Investment in Disputed Western Sahara Area

The renewable resource projects are being applied in the contested Western Sahara area. The RE capacity represents concerning 36 percent of the complete capacity which is currently being set up in Morocco.

Feb 9, 2023 // Markets & Finance News, NTPC, Africa, Morocco, masen, Xlinks, Africa renewable energy, Leila Benali, Western Sahara

Taaleri Energia buys Finnish battery

The 30MW BESS near Tampere is because of go online in 2024 and is being developed by Merus Power

Feb 9, 2023 // Markets & Finance News, Storage, Europe, BESS, Finland, TAALERI ENERGIA

Matrix Renewables closes EUR40m Spanish solar financing

Zaratán and Arroyadas projects in Valladolid will have an integrated capacity of 66MW when constructed

Feb 9, 2023 // Markets & Finance News, Spain, Europe, Matrix Renewables

Qualitas inks PPA for 494MW Spanish solar

The agreement for the output from the Mula PV plant in southerly Spain is for 10 years

Feb 9, 2023 // Markets & Finance News, Spain, PPA, Europe, Qualitas

LyondellBasell Achieves Half of 2030 Renewable Energy Target

Chemical conglomerate LyondellBasell has signed 8 power purchase agreements for 560 MW of renewable energy capacity, achieving over half of its target for 50% green electricity by 2030.

Feb 9, 2023 // Markets & Finance News, Power Purchase Agreements, PPAs, virtual ppa, LyondellBasell, Nordic RE projects, Tarragona PPA Solar Project, Willemien Terpstra

Grenergy Secures a Green Loan for Solar Farm in Spain, Belinchón

Grenergy closes a financing deal for its 150MW Belinchón solar project in Spain with a green loan of €89.5m. Discover the latest sustainable energy news

Feb 9, 2023 // Markets & Finance News, Spain, Europe, solar farm, Grenergy

Nextracker, Tracker Maker Closes Major Stock Offering at $24 Per Share

Tracker maker Nextracker has closed its major stock offering at $24 per share, raising $638 million and significantly strengthening its position in the solar energy sector.

Feb 9, 2023 // Markets & Finance News, Nextracker

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