Solar Markets & Finance News

70MWp Medebridge project has actually been offered by REG Power Management as well as is because of power up in 2024

EMCAF will certainly spend $25 million into Alcazar Energy Partners II which is a fund giving early-stage equity financing to create, construct and also operate renewable energy projects between East, North Africa, Eastern Europe as well as Central Asia. Alcazar Energy Partners II has a target size of $500 million as well as will certainly purchase onshore wind, solar photovoltaic or pv to name a few.

ADB's support will certainly add to an extra 2,162-MW of installed renewable power generation capacity as well as 1.8 million tons of CO2 emission cost savings. The Bank's investment in Evolution Fund III lines up with its High Five goals, particularly, "Light Up and Power Africa" under its New Deal on Energy for Africa.

EBRD accepts US$ 41.5 million commitment in Egypt's Infinity Financial investment to finance the growth of renewable resource projects in the area

It has authorized an agreement for a ten-year collaboration with electricity as well as energy solutions supplier Stanwell Corporation. The bargain is anticipated to remove all Scope 2 emissions from its steelmaking coal company in Australia from 2025.

Strata Clean Energy is acquiring Phoenix, Arizona-based Crossover Energy Partners, a utility-scale renewable energy project programmer. This procurement increases Strata's offerings and incorporates Crossover's customer source as well as power offtake proficiencies and also other renewable energy services, including decarbonization as well as the advancement of new innovations like green hydrogen.

Dos Grados has a portfolio of solar and also wind projects under growth in Spain and also Portugal

Collaboration to pursue renewable resource opportunities in Western Europe

Chile is an overachiever in meeting its electrical power requires from renewables Its target was to achieve 20 per cent by 2025 South American country Chile has actually emerged as a surprise success story when it comes to adding renewable capacity. The nation has virtually 22 percent of its electrical energy demand met by solar as well as wind farms.

Trina Solar, a leading Chinese brand that looks into the growth of PV items, EPC and O&M, has announced module shipments worth 28.79 GW in the 3rd quarter of the year. The cumulative capacity of tracker shipments stood at 2.8 GW.

Solas Sustainable Energy Fund ICAV (SSEF), developed to support energy efficiency and also behind-the-meter renewable energy investments, has reached a final close of EUR 220 million (USD 227m).

Spain-based Fotowatio Renewable Ventures (FRV), part of Abdul Latif Jameel Energy, today claimed it has completed a refinancing deal for its 56-MW/ 70-MWp Moree solar park in New South Wales.

Spanish renewables company Opdenergy Holding SA (BME: OPDE) booked a net profit of EUR 11.1 million (USD 11.6 m) for the nine-month period finished September 30, up from an EUR-8.8-million loss for the very same timespan a year back, it said in its incomes record on Tuesday.

Chinese solar module manufacturer JinkoSolar Holding Co Ltd (NYSE: JKS) on Monday claimed its international operations are now powered greater than 50% by renewable resource.

Small-scale energy storage service provider Electriq Power will merge with TLG Acquisition One, a publicly traded special purpose acquisition business. Upon closing of the deal in 2023, the mixed business will certainly operate under the name Electriq Power Holdings and also will be led by existing Electriq management with Mike Lawrie joining the board as Chairman.