Solar Markets & Finance News

The last day for the players to submit their bids is February 26, 2023. The notification additionally stated that those projects that will be chosen will be granted 25 year power purchasing agreements (PPAs).

Malaysian multinational electrical power company Tenaga Nasional Berhad (TNB) is pleased to announce that it has, via its completely owned subsidiary, Vantage RE Ltd. (Vantage RE), signed an Engineering, Procurement & Construction (EPC) agreement with BELECTRIC GmbH (BELECTRIC) for the construction as well as commissioning of 102 MW solar farms in the United Kingdom (UK).

Federal grants are empowering photovoltaic panel projects at several Mid-Missouri companies.

Soltec has actually contracted with Canadian Solar and also SPIC for the supply of SFOne trackers. The trackers enable maximized energy effectiveness and lessened visual impact thanks to their lower height compared to various other tracker setups.

Primergy has closed a $75 million revolving credit facility with an option to enhance it approximately $200 million with Rabobank. The credit facility is anticipated to support company's growing advancement pipe of solar as well as solar+ storage space projects across the U.S.A..

Danish fund supervisor Copenhagen Infrastructure Partners (CIP) has consented to acquire the assets forming the AUD-5-billion (USD 3.34 bn/EUR 3.16 bn) Bowen Renewable Energy Hub in Queensland, Australia.

Colombia produced 89.26% of its electrical power from clean as well as sustainable sources in November, national grid operator XM Compania de Expertos en Mercados stated.

The green energy unit of Greek power utility PPC SA (ATH: PPC) has actually clinched an in-principle agreement with the residential commercial team Mytilineos SA (FRA: MYH) to get a 210-MW portfolio of solar projects in Romania.

Italian energy company ERG SpA (BIT: ERG) announced on Friday that it is obtaining a 25-MWp solar energy plant in Spain from an entity that belongs to Spanish venture capital company Renertia Investment.

Polish photovoltaics (PV) installer Columbus Energy SA said it has actually consented to offer 100% of its holding in solar (PV) projects with a complete ability of 102.5 MW to Engie Zielona Energia for over EUR 97 million (USD 103m).

African Development Bank approves loans for Kairouan project

The loan will advance the building and construction of projects with a combined capacity of 188MW

The Spanish business has acquired six projects from Opdenergy in the provinces of Cádiz, Zaragoza, Teruel and Palencia

The $311 million funds will certainly be funded through International Development Association (IDA). The RESPITE project will support the setup of solar as well as battery storage space capacity, near-term O&M contracts for the provision of solar supply, expansion of hydropower generation capacity, grid connection infrastructure and grid modernization and also upgrades.

Solar segment made up 96 percent of all 204 bids that won in the auctions. 582 MW was granted for both solar and also wind segments for the installations above 1-MW.