Solar Markets & Finance News

Currently, the share of renewables in Iran's power generation is only a little over 1.1%. According to the Ministry of Energy, solar power plants have an annual production of 455.28 megawatts as well as a share of a little over 50 percent of renewable power. Wind power plants, on the other hand, have a share of 34.31%.

The French Ministry of Ecological Transition has marked the winning standing to 172.9 MW of projects in a tender for innovative solar photovoltaic (PV) installments.

US home solar and also battery provider Sunrun Inc (NASDAQ: RUN) on Thursday claimed it has protected USD 835 million (EUR 788m) in non-recourse financing to back continued growth.

As a result of the Russian invasion, Ukraine lost about 90% of its wind as well as more than 40% of its solar power generation facilities.

State oil producer Adnoc earmarks spending on carbon capture Spending belongs to strategy to spend $150 billion on energy

Both companies have authorized a binding agreement last week for the solar energy portfolio for $293 million. TGC said that the equity funding for these assets was provided by the third fund of TGC, True Green Capital Fund III, as well as its funding partners provided debt as well as tax equity.

United States climate solutions investor Hannon Armstrong Sustainable Infrastructure Capital Inc (NYSE: HASI) stated today it has authorized an agreement to purchase a 1.3-GW renewable resource portfolio created, owned and also operated by US power firm The AES Corporation (NYSE: AES).

Lithuanian renewables designer Green Genius stated today it has actually secured a PLN-220-million (USD 49.9 m/EUR 47.1 m) loan from Polish lending institution mBank (WSE: MBK) to fund the building and construction of 69 MW of solar energy plants in Poland.

EUR46m loan from mBank's is among the largest in the nation's PV sector

Higher prices and also restrictions have actually stymied growth after Q2 in India. The scenario is likely to be worsened by March this year, as a lot of projects will certainly go across deadlines to either surrender allowances or cancel, if they can't build.

HASI will make a common equity investment in a concerning 1.3 GW portfolio of operating solar as well as wind projects situated in 6 states of the US. The general public company is also funding land had by AES for a solar project as well as a standalone battery energy storage system in California.

The L&G NTR Clean Power (Europe) Fund managed by Legal & General Investment Management (LGIM) and also Dublin-based renewables investor NTR has acquired 3 pre-operational solar projects with a combined capacity of 115 MWp in Spain, it was announced today.

The Tunisian federal government is preparing 1,700 MW of new renewable resource projects that must be implemented between 2023 and also 2025 throughout the North African country, power minister Naila Nouira stated on Tuesday.

Warwick University has actually been granted ₤ 2.2 million (over USD$ 2,620,000) to investigate metal halide perovskite compounds, for use in transparent and flexible photovoltaic panels, which stay stable precede. A new Nuclear Magnetic Resonance (NMR) spectrometer will be utilized to understand just how to enhance lifespan and durability of these solar cells.

Hannon Armstrong Sustainable Infrastructure Capital has acquired a 49% interest in the wind, solar assets