Solar Markets & Finance News

Billionaire Says Australia-to-Singapore Solar Plan Now Unviable
Squadron Energy says power Cable to Singapore not viable Sees future for eco-friendly assets in Northern Territory
Jan 16, 2023 // Markets & Finance News, Australia, Asia, Oceania, Singapore, Sun Cable, Squadron Energy
Denmark's Ørsted to Develop Mockingbird Solar Center in Texas
Ørsted has taken a final financial investment choice (FID) on 471 MW Mockingbird Solar Centre. It will certainly donate 1,000 acres of tall grass prairie to The Nature Conservancy (TNC) for the purpose of conservation.
Jan 16, 2023 // Plants, Large-Scale, Commercial, Markets & Finance News, clean energy, USA, Texas, North America, The Nature Conservancy, Orsted, Mockingbird Solar Center, Daniel Willard, final investment decision, Mockingbird Solar Centre, Smiley-Woodfin Native Prairie Grassland, Texas solar power plant, TNC
FREYR Battery to Supply Upto 14 GWh LFP Cells to Impact Clean Power Technology
FREYR means to provide clean battery solutions based on the same battery cell architecture as the ESS products that will certainly be generated at its Giga Arctic battery production center in Mo i Rana, Norway. The framework agreement is non-binding and the orders will certainly be carried out in accordance with the demands of Impact.
Jan 16, 2023 // Markets & Finance News, Storage, Battery Cell, Freyr battery, Freyr, Tom Einar Jensen, Bartlomiej Kras, conditional offtake agreement, ESS products, Giga Arctic battery facility, Impact Clean Power Technology, LFP cells
Hive to plans 2GW solar-storage in Turkey
Developer has looked for co-located projects with capacities ranging from 11MW to 230MW in scale
Jan 13, 2023 // Plants, Markets & Finance News, Storage, Asia, Turkey, hive energy
Sun Cable Goes Into Administration in Australia
The massive trans ocean project with renewable resource at its core was certainly the most ambitious to come out of the economic sector in the past 5 years. A most likely reason for going into administration is disagreements between both key backers.
Jan 12, 2023 // Plants, Markets & Finance News, Mike Cannon-Brookes, bankruptcy, Andrew Forrest, Sun Cable, AAPL, dispute, administration
Madhya Pradesh Plans Three New Floating Solar Projects Worth INR 7,500 Cr Investment
The info was shared by state officials on the very first day of 'Invest Madhya Pradesh-Global Investors Summit' that is being held in Indore. The three floating solar plants remain in addition to the 600 MW floating solar project already being developed at Omkareshwar Dam in Khandwa district.
Jan 12, 2023 // Markets & Finance News, Floating PV, Floating solar, Hardeep Singh Dang, Girraj Dandotia, Indore, Pradyuman Singh Tomar, Sanjay Dubey, floating solar power plants
Revolve sells 1.25 GW people solar-plus-storage projects to Engie
Renewables developer Revolve Renewable Power Corp (CVE: REVV) has sold 2 solar-plus-storage projects in Arizona surpassing a gigawatt of combined potential capacity to a neighborhood subsidiary of French power major Engie SA (EPA: ENGI).
Jan 11, 2023 // Markets & Finance News, Engie, solar-plus-storage project, Revolve
United States PV project safeguards financing
Seminole Financial Services and Blackstone Credit have actually supplied a $104m debt center for the 55MW plant
Jan 11, 2023 // Markets & Finance News, USA, North America, Solar Project, Revity Energy, Chris Diaz
Atlas Renewable Energy Gets $210 million For 438 MW Solar Project in Brazil
Atlas stated that this marks the first time that BNDES has actually carried out an US dollar-indexed loan to a renewable energy project. The solar project will generate 815 GWh of power every year which amounts providing clean energy to 394,000 homes as well as offsets 61,000 tons of CO2 emissions annually.
Jan 11, 2023 // Markets & Finance News, Atlas Renewable Energy, BNDES, solar power project, Luis Pita, Banco Nacional de Desenvolvimento Econômico e Social, Boa Sorte solar project, Daniel Barreto, HydroRein, Solange Paiva Vieria, US dollar-indexed loan
Offshore solar farm system secures AiP
North Sea conditions were utilized in the reviewed tests on Oceans of Energy's 500kW installment
Jan 10, 2023 // Markets & Finance News, AIP, solar farm, Allard van Hoeken, Bureau Veritas
Tunisia Comes Up With Solar Power Tenders Of 1 GW
The Tunisian government wishes to develop 8 solar power plants having capacities of 100 MW in the very first procurement exercise. Tenders will be granted in four various rounds.
Jan 10, 2023 // Markets & Finance News, STEG, Tunisia, Africa, Solar Power Projects, Hecha, Khobna, Société tunisienne de l’électricité et du gaz, Tunisia PPAs, Tunisian
Australian Renewable Energy Agency Awards $30 Million For Cheaper Solar Gains
The University of New South Wales Sydney have actually been awarded $30 million under ARENA R&D Program to sustain R&D and commercialisation activities to significantly reduce the cost of solar. The scientists are going to receive $30 million for 9 projects across the cells and also modules stream, and the Balance of System, Operations as well as Maintenance stream.
Jan 10, 2023 // Technology, Markets & Finance News, ARENA, unsw, balance of system, Australian Renewable Energy Agency, Cells and Modules stream, improve cell and module efficiency, Operations and Maintenance stream, Nicholas Ekins, Nicholas Fisk, School of Photovoltaic and Renewable Energy Engineering, University of New South Wales Sydney
German Institution DEG Funds Solar Micro-Grids Development in Nigeria
DEG is funding the USA-based Husk Power Systems with $750,000 to develop eight community solar micro-grids in Nigeria. Husk Power Systems is already running 12 micro-grids in the West African country.
Jan 10, 2023 // Markets & Finance News, Africa, Nigeria, DEG, Husk Power Systems, Deutsche Investitions und Entwicklungsgesellschaft, solar micro grids, Up-Scaling Program
UK's Hive Energy to Invest $4Billion for 4 GW of Solar + Storage in Turkey
The solar power projects would remain in the capacity variety of 11 MW to 210 MW as well as cumulatively will have a capacity of 4 GW. Hive Energy will certainly create the projects via joint ventures with two partners based out of Turkey itself.
Jan 10, 2023 // Markets & Finance News, Storage, Asia, Turkey, Energy Market Regulatory Authority, hive energy, Adıyaman, EMRA
NEFIN forms partnership to target Taiwan's solar market
Asian green independent power producer (IPP) NEFIN stated today its subsidiary NEFIN Capital Taiwan Company Ltd has actually teamed up with City Development Company Ltd to enter Taiwan's solar market.
Jan 9, 2023 // Markets & Finance News, solar market, Taiwan, NEFIN