Solar Markets & Finance News

German investment supervisor Commerz Real AG on Tuesday claimed that it has taken a 49% risk in a 169.1-MW renewable resource portfolio in France from regional asset manager Mirova, an affiliate of Natixis Investment Managers.

New York-based worldwide alternative asset supervisor Wafra Inc has purchased a controlling passion in utility-scale renewables and storage designer Mission Clean Energy LLC in a transaction likewise backed by clean infrastructure financier Aggregate Power Infrastructure LLC (API).

US firm Standard Solar Inc stated on Tuesday that it has actually acquired a 6.2-MW portfolio of community solar projects in Rhode Island from China's Trina Solar Co Ltd (SHA:688599).

Projects would come online by 2025 under plans outlined by local utility-developer

State-owned petroleum company QatarEnergy has accepted acquire the continuing to be 49% risk in Siraj Energy in a bargain that will certainly boost its total solar power capacity under direct control to 1.675 GW.

US Solar Fund Plc (LON: USF) announced today it has employed monetary consultants to assist it take into consideration all possible critical alternatives to increase shareholder value, including the launch of a formal sale process for the entire firm.

Swedish renewables programmer Eolus Vind AB (STO: EOLU-B) claimed on Friday it has clinched a deal to offload a mid-stage US advancement project with 750 MW of first aggregate solar generation and also battery storage capacity.

Two PV projects in County Wexford to provide 80% of bank's electricity for retail and also office network

The Sri Lankan Government is mulling over releasing rooftop photovoltaic panels on government buildings and religious locations to relieve the electricity tariff. In July, 2021, India had actually signed a contract with Sri Lankan Government to expand a USD 100 million Line of Credit (LOC) to Sri Lanka for various solar power projects.

Malaysian utility Tenaga Nasional Bhd (KLSE: TENAGA), or TNB, claimed today it has actually reached economic close for a 50-MW/75-MW-DC solar project in Kedah after getting debt from CIMB Islamic Bank Bhd

UAE's biggest free-trade zone Dubai Multi Commodities Centre (DMCC) and also a device of Dubai Electricity as well as Water Authority (DEWA) have accepted provide 6.3 MW of solar car shades across the Jumeirah Lakes Towers community to support its decarbonisation.

Spanish utility Endesa SA (BME: ELE) has actually begun construction of a pair of solar farms with 71.5 MW of combined capacity in an area where it as soon as operated an open pit coal mine around Castile-La Mancha, central Spain.

The African Development Bank (AfDB) claimed on Friday that its board had approved to extend a USD-2.5-million (EUR 2.56 m) grant to the government of Mozambique to sustain the renewables development in the nation.

The project will certainly use clean energy from the nearby Kasso Solar Park

The CEI IX fund surpassed its first target of EUR 300 million by roughly 75% and also gathered EUR 521 million in capital commitments. Capital Dynamics has actually been investing directly in clean energy in Europe considering that 2013 as well as presently possesses as well as runs over 30 projects with an incorporated ability of over 1GW.