Solar Markets & Finance News

Masdar, Azerbaijan's SOCAR Indication Deal to Develop 4 GW Renewable Energy Projects

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.

Jan 18, 2023 // Markets & Finance News, Mohamed Jameel Al Ramahi, Masdar, Europe, green hydrogen, Azerbaijan, OFFSHORE WIND, Central Asia renewable energy, Garadagh Solar PV Plant, Rovshan Najaf, SOCAR, State Oil Company of the Republic of Azerbaijan

Norwegian Sovereign Fund to Invest in 1,265 MW RE Capacity of Iberdrola

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%.

Jan 18, 2023 // Markets & Finance News, Iberdrola, Europe, Norway, wind, Wind Energy, decarbonization, Solar Power Projects, solar PV project, wind farm, Norges Bank Investment Management, Spanish multinational utility

UAE to Invest $2 Billion in Solar Power in Zambia

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.

Jan 18, 2023 // Markets & Finance News, Masdar, Africa, zambia, Joint Development Agreement, Hakainde Hichilema, Zesco

Omnes-backed PCRE nabs financing for 1.2-GW Irish solar rollout

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.

Jan 17, 2023 // Markets & Finance News, PCRE, Omnes

Iberdrola to offer 49% in 1,265-MW Spanish portfolio to Norges Bank

Spanish utility group Iberdrola SA (BME: IBE) said on Tuesday that it has actually signed an agreement to offer a 49% stake in its 1,265-MW wind as well as solar portfolio in Spain to Norges Bank Investment Management (NBIM), the supervisor of Norway's sovereign wealth fund.

Jan 17, 2023 // Markets & Finance News, Spain, Iberdrola, Europe, Norges Bank

Japan Benex switches on small roof solar plant at home

Industrial as well as digital equipment manufacturer Japan Benex Corporation revealed today it has put into procedure a 746.8-kW direct current (DC) roof solar array in Chiba prefecture on Japan's eastern Pacific coast.

Jan 17, 2023 // Markets & Finance News, Rooftop PV, Japan Benex

NextEnergy Capital releases $1.5 bn solar fund

NPV ESG financial investment vehicle is targeting opportunities in OECD markets totaling up to 3.5 GW of capacity

Jan 17, 2023 // Markets & Finance News, nextenergy capital, Michael Bonte-Friedheim

Ireland's IPP Power Capital RE Secures EUR240 Million for 1.2 GW of Solar Assets

The financial facility has been gathered a consortium of lenders managed by Eiffel Investment Group consisting of Ethias and also the European Investment Bank. It will certainly support the strategies of Power Capital to bring 1.2 GW of solar projects to operation by 2025.

Jan 17, 2023 // Markets & Finance News, Microsoft, Ireland, Europe, european investment bank, eib, Solar Power Projects, Eamon Ryan, Eiffel Investment Group, Peter Duff, Christian Kettel Thomsen, Ethias, Ireland renewable energy, Justin Brown, Power Capital

KPI Green Energy to Sell 6.3 MW Solar Energy To Three Clients

KPI Green claimed in a disclosure prior to stock exchanges that it has actually authorized long-term PPAs with 3 companies. It will certainly make this sale in the interdependent power manufacturer (IPP) segment.

Jan 17, 2023 // Markets & Finance News, Power Purchase Agreements, PPAs, IPP, Alembic Pharmaceuticals Ltd, Heubach Colour Pvt. Ltd, interdependent power producer, KPI Green Energy, Sachin Paper Mills, Solarism, stock exchanges

Greek Developer Mytilineos Secures Funding for 230 MW Solar Projects in Australia

Mytilineos notified that two solar projects are in Queensland and also one in New South Wales. The money assistance for the solar projects has actually originated from ANZ and Westpac that are two of Australia's Big Four banks.

Jan 17, 2023 // Markets & Finance News, Australia, Oceania, Westpac, ANZ, Mytilineos, australia renewable energy, Kingaroy, Moura, three solar farms, Wyalong

EVLO preps to build solar-plus-battery hybrid in British Columbia

EVLO Energy Storage Inc, a unit of Canadian utility Hydro-Quebec, has actually assigned contractors that will work to understand its utility-scale range solar project with an exclusive battery in the District of Summerland, British Columbia.

Jan 16, 2023 // Markets & Finance News, Storage, EVLO Energy Storage, British Columbia

Energiekontor sells 19-MWp solar park in Brandenburg to CEE

German renewables programmer and also operator Energiekontor AG (ETR: EKT) introduced on Monday it has actually offloaded a 19-MWp solar park in Germany's Brandenburg state to domestic renewable resource asset manager CEE Group.

Jan 16, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, cee, Energiekontor, Solar Park, Brandenburg

Solar tracker manufacturer Nextracker files for Nasdaq listing

United States solar tracking system manufacturer Nextracker, a subsidiary of contract electronics maker Flex (NASDAQ: FLEX), has actually filed for an initial public offering (IPO) at home, putting on list its shares on the Nasdaq stock exchange under the trading symbol NXT.

Jan 16, 2023 // Manufacturing News, Markets & Finance News, USA, North America, Nextracker, nasdaq

Hanwha, LGES plan to invest in battery manufacturing facilities in US

Hanwha Group and lithium-ion battery maker LG Energy Solution Ltd (KRX:373220), or LGES, will make joint investment in energy storage system(ESS) battery manufacturing facilities in the US, both South Korean business stated today in separate announcements.

Jan 16, 2023 // Markets & Finance News, Storage, USA, North America, hanwha group, LGES

Sonnedix purchases 26 MW of operating solar in Spain

Global independent power manufacturer (IPP) Sonnedix Power Holdings Ltd has settled the acquisition of a portfolio with 26 MW of functional solar PV farms in Spain, the company claimed on Monday.

Jan 16, 2023 // Markets & Finance News, Spain, Sonnedix, Europe, solar farm

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