News

ACWA Power Signs Two Power Purchase Agreements with Ethiopian Electric Power

ACWA Power has revealed the signing of two Power Purchase Agreements with Ethiopia’s electricity producer, Ethiopian Electric Power, to build two 125 MW solar installations in Ethiopia.

Dec 24, 2019 // Markets & Finance News, PPA, Ethiopia, Africa, ACWA Power

Cypark confirms solar power project win in Marang

Cypark Resources Bhd, together with its consortium partner Impian Bumiria Sdn Bhd, has won a competitive bid to develop a large scale solar photovoltaic (LSSPV) plant of 100 megawatts of alternating current (MWac) in Marang, Terengganu.

Dec 24, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Malaysia, Asia, Cypark Resources Bhd, Energy Commission Malaysia

IFC Invests in BT Leasing to Boost Sustainable Energy Finance in Romania

IFC is providing EUR 18.5 million in financing to BT Leasing to increase access to finance for SMEs and sustainable energy projects in Romania

Dec 24, 2019 // Markets & Finance News, Europe, ifc, BT Leasing, Romania, sustainable energy

LS Power to Acquire EV Charging Solutions Firm EVGo

LS Power has announced that it has signed a definitive agreement to acquire EVgo, the largest public fast-charging network for EVs in the US

Dec 24, 2019 // Markets & Finance News, Transport, USA, North America, ev charging, EVgo, LS Power, LS Power Acquire EVGo

Electric Pickup Truck Startup Rivian Closes $1.3 Billion Funding Round

Rivian has announced that it has closed a funding round of USD 1.3 billion. The financing was led by funds and accounts advised by T. Rowe Price.

Dec 24, 2019 // Markets & Finance News, Transport, Amazon, electric vehicles, Rivian, Electric Pickup, T. Rowe Price Associates

Solar Provider Group Plans to Invest $250 mn in Brazilian Solar Market

Solar Provider Group has arranged a team to enter the Brazilian solar market with the goal to complete investments worth $250 million over the next 5 years

Dec 24, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, South america, Brazil, Solar Provider Group

Indian Army Hands out Solar Lamps to Residents of Jammu and Kashmir of the Rajouri District

The Indian Army has given out solar lamps to people of the Rajouri District as part of its free solar electricity initiative tagged ‘Operation Goodwill.

Dec 24, 2019 // Solar, India, Asia, Indian Army, solar lanterns, PTI

China Huaneng is Indecisive Regarding the Selection of GCL Assets is Hopes to Acquire

The state-owned electricity utility firm is careful in its selection of solar initiative assets it hopes to buy.

Dec 24, 2019 // Markets & Finance News, China, Asia, GCL New Energy, Huaneng

Hecate Energy Wins El Paso Bid

Hecate Energy has won the 100 MW Santa Teresa Project. The project is part of the 350 MW solar generation and storage developed to add clean energy to the EPE system.

Dec 23, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, hecate energy, Adrian J. Rodriguez, EPE

Falck and Eni signs 1 Gig watt Re projects

Falck Renewables and Eni have entered into a contract to jointly develop clean energy projects in the U.S.

Dec 23, 2019 // Plants, Large-Scale, Commercial, USA, North America, Eni, Falck Renewables

Will the Aurora Project be Located in Port Augusta?

Aurora Solar Project has been sold to a new owner. However, there is no guarantee that the project will still be located in Port Augusta.

Dec 23, 2019 // Plants, Large-Scale, Commercial, Australia, Oceania, Aurora Solar, Kevin Moriarty

A 1.6 Megawatt Rooftop solar plant to be installed at the Govt Building in Tamil Nadu

A 1.6 million tender that intents to install rooftop solar on government buildings rooftops in Tamil Nadu

Dec 23, 2019 // Plants, Large-Scale, Commercial, Markets & Finance News, Rooftop PV, India, tender, Asia, rooftop PV, CEL

EU and AfDB to fund Rural Electrification in Togo to a tune of €12million

The EU and AfDF to fund rural electrification program in Togo to a tune of 12 million Euros

Dec 23, 2019 // Markets & Finance News, Europe, off-grid solar, Africa, AfDB, Togo, EU, solar pump

Researchers Develop Thin Film that Shows Great Promise for Solar and LEDs

Scientists at University at Buffalo (New York, US) have created thin films made from barium zirconium sulfide (BaZrS3) and confirmed that the materials have alluring electronic and optical properties predicted by theorists.

Dec 23, 2019 // Technology, USA, North America, BaZrS3, Hao Zeng, Xiucheng Wei, Haolei Hui

REC Silicon hit by call-in of $17m loan related to failed wafer operation

Finnish lender Nordea has called in a NOK150 million indemnity loan thought to have been taken out by REC Silicon ASA as a result of the bankruptcy of its Norwegian wafer manufacturing arm seven years ago.

Dec 23, 2019 // Manufacturing News, Markets & Finance News, USA, Washington, Europe, North America, Norway, REC Silicon, Nordea

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