Solar Markets & Finance News

The share of electrical power created from renewable resource resources in Germany rose to 44.4% of the complete power fed right into the grid in the 3rd quarter of 2022 from 43% a year previously, driven by more wind as well as solar energy, reveals data published by the Federal Statistics Office (Destatis).

South Africa has authorized power purchase agreements (PPAs) for 975 MW of renewable energy projects and awarded preferred bidder condition on an additional 860 MW of propositions under its Renewable Energy Independent Power Producer Procurement Programme (REIPPPP).

The asset management arm of German wind and also solar farms driver Encavis AG (ETR: CAP) has actually finished the investment phase of its special banks fund Encavis Infrastructure Fund II (EIF II), at a volume of EUR 1.13 billion (USD 1.19 bn).

Set up by Abu Dhabi Fund for Development for financial objectives, the Abu Dhabi Exports Office (ADEX), will certainly provide loan worth AED92 million ($25 million) to augment the capacity of a solar facility in Togo, West Africa.

The Wellington North and also Wunghnu farms are anticipated to enter procedures in 2024

Luminace will acquire the assets, with EDF serving as EPC specialist

The close happened for 6 projects under South Africa's Renewable Energy Independent Power Producer Procurement Programme (REIPPPP). Globeleq, the Africa-focused independent power producer (IPP)-- is majority partner in the Ikamva Consortium, that was awarded preferred bidder by the DMRE.

The most recent tender bidding for ground-mounted solar projects in Germany, awarded 609 MW of solar energy.

The federal government of Romania is seeking to assess the passion of renewable energy programmers in upcoming tenders for renewable power capacity, official documents show.

Korkia and also Solmar are creating greater than 20 sites in the southerly region of the country

Joint venture with Premier Group will 'gain an advantage' in tendering for grid capacities in a competitive market

Bloomberg Intelligence sees growth in PV demand surpassing 20% in 2023-25 with revenues to exceed $220bn.

Proparco, a department of the French Development Agency (AFD) group, invested in a $10 million green bond that will certainly be lent to Sun King, an African solar kit seller. The Swiss influence capitalist Symbiotics Group, through its MSMR Bonds platform, issuing the green bond. A total of 309 bonds worth $2.67 billion have actually already been issued thanks to this platform.

Partners Group said that under its possession, Sunsure will certainly be changed right into a next-generation independent power manufacturer that will certainly build and also possess utility-scale solar, wind, solar-wind hybrid, and battery storage space renewable energy projects.

Squadron Energy, backed by Australian iron ore billionaire Andrew Forrest, has obtained residential platform CWP Renewables, taking hold of a 1.1-GW operational wind portfolio and also a hefty pipeline of wind, solar and also battery projects.